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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Develop a Strategic Procurement Plan Procurement shouldn’t be reactive; it should be proactive. Start by developing a strategic plan that aligns procurement goals with your organization’s overall objectives. Cooperative purchasing can help you stay agile and strategic in your procurement activities.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

When planning your procurement strategy for the long term, the stability that comes with government contracting can give your business a serious edge. Opportunities to Collaborate Getting involved with government procurement means you can apply your business’s industry knowledge to the public sector. So why wait?

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more public procurements. The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement.

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When should procurement be outsourced?

The Procurement School

Factors which influence outsourcing: Smaller public entities, in terms of budgets, typically do not fund staffing resources for procurement. Their CFO is required to ensure value for money and compliance with competitive bid laws. Outsourcing the procurement expertise is a growing option for smaller entities to consider.