Remove Balance Remove E-procurement Remove Quality
article thumbnail

Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. Effectiveness in Public Procurement Effectiveness in public procurement measures the degree to which procurement activities meet their intended objectives and outcomes.

article thumbnail

Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. Prioritize stakeholder engagement, including community input.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Outsourcing procurement services can have an immediate effect on the efficiencies of operations. It could be unfair to compare a procurement department’s efficiencies to those of an outsourced service; however, the comparison would consider the advantages of accessing a more efficient operation provided by a 3 rd party service provider.

article thumbnail

The 3 revolutions of public procurement in Africa

Open Contracting Partnership

Public procurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries. Procurement was long seen as a clerical administrative function, rather than a strategic lever. This was not always the case.

article thumbnail

The Public Procurement Glossary

Tracker Intelligence

The Public Procurement Glossary Public procurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Public procurement glossary existsto make things simple. No fluff, no confusing jargonjust procurement terms and abbreviations explained in a way that actually makes sense.

article thumbnail

OCP Feedback Survey: Closing the books on 2023 and looking towards 2030

Open Contracting Partnership

We are also very pleased that we achieved one of the closest gender balances in survey responses last year, closing the gap between Men and Women from a 22% differential in 2022, to an 11% differential in 2023. Electronic procurement support continues to be a hot topic with our Africa partners , and increasingly so in the U.S.

article thumbnail

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?