Balance Contract Management Procurement Strategies 
Inter-American Development Bank
OCTOBER 31, 2024
Thus, smart public procurement can be defined as the strategic process of making the best decisions that minimize waste while enhancing the quality and efficiency of public spending. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs. Source: Authors’s elaboration.
The Procurement School
OCTOBER 22, 2024
Additionally, a simplistic risk transfer strategy may reduce market interest, and the number of bids submitted. Thankfully, there are methods that encourage procurement simplification and SME participation while maintaining a balance between risk, quality, and standards.
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The Procurement School
AUGUST 21, 2024
Outsourcing the procurement expertise is a growing option for smaller entities to consider. Many smaller public entities have formal associations [1] where they do outsource their procurement needs. The balance between savings and values needs to be part of the conversation. Outsourcing is getting attention.
ivalua
AUGUST 17, 2021
To be successful, your procurement team will need to be expert at supplier relationship management, contract management and sourcing and skilled at managing procurement cost as it contributes positively to the business. What is Direct Procurement? appeared first on Ivalua.
Select GCR
APRIL 15, 2025
Effective preparation for federal IT contracts includes registering in SAM, obtaining relevant certifications, and developing a strong capability statement to enhance visibility and competitiveness. Understanding Federal IT Contracts Federal IT contracts are pivotal in sustaining the technological backbone of government operations.
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