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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. This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency).

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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. To have an objective assessment on efficiency, there should be a set of KPIs or measurement tools to compare. Efficiency metrics examples 1.The

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Northwestern University Libraries make research more efficient, accessible with AWS Lambda

AWS Public Sector

When they found a technology standard that could make research more efficient and open, they acted. What motivated us was the opportunity to participate in this open standards community of cultural heritage institutions, all focused on how to best share collections efficiently across the globe.” Klein says NUL spends about $0.66

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Balancing Transparency and Privacy

Extract Systems

Striking a balance between transparency and protecting sensitive information is a challenging task for government entities. “ I believe strongly that as a public entity, we should make it as efficient as possible for the public to have access to these documents in our justice system.

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Experts Expound on Efficiency Benefits of AI

ExecutiveBiz

Government technologists are cultivating a cautiously optimistic view on AI, enticed by its many applications while attempting to institute checks and balances so that the tools do not overstep or malfunction. “AI AI will revolutionize humanity…but like anything, you don't go blindly running into it.

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Experts Expound on Efficiency Benefits of AI

ExecutiveBiz

Government technologists are cultivating a cautiously optimistic view on AI, enticed by its many applications while attempting to institute checks and balances so that the tools do not overstep or malfunction. “AI AI will revolutionize humanity…but like anything, you don't go blindly running into it.

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Arbitration Tech Toolbox: Emotion AI: A Game-Changer for Efficiency and Due Process in International Arbitration?

Kluwer Arbitration

In international arbitration, parties or arbitrators could consider using emotion AI to enhance efficiency and due process (or to gain a strategic and tactical advantage). Although applications are varied, we will focus on two uses: (1) efficiency through facilitating settlement; and (2) due process through ensuring arbitrator attentiveness.