American City & Country

NOVEMBER 18, 2024

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. This not only reduces manual labor but also minimizes errors and improves procurement efficiency.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

The Procurement School

OCTOBER 22, 2024

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.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

ivalua

FEBRUARY 10, 2023

You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 105

Price Supply Chain Supplier Procurement Team 105

The Procurement School

AUGUST 21, 2024

Instead, departmental staff are expected to successfully manage the process, which is unrealistic. 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. Outsourcing is getting attention.

Procurement 52

Procurement Competitive Bidding Public Procurement Supplier 52

The Procurement School

SEPTEMBER 15, 2023

These steps may not apply to every procurement but once completed they will inform the procurement strategy which then leads to development of procurement document. Needs analysis ensures an accurate understanding of the goods / services being procured.

Procurement 52

Procurement Bidder Procurement Strategies Evaluation 52

Public Contracting Institute

APRIL 1, 2024

It does so by offering an immutable, transparent record of transactions, which helps to eliminate common issues such as bid rigging, kickbacks, and other forms of corruption. Enhanced Transparency and Traceability Blockchain technology introduces an unprecedented level of transparency and traceability in procurement processes.

Public Procurement 52

Public Procurement Transparency Integration Integrity 52

Tracker Intelligence

NOVEMBER 14, 2024

Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.

Sustainability 52

Sustainability Procurement Supply Chain E-procurement 52