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The team at the Mayor’s Office of Contract Services (MOCS) have a vision for a more open, transparent and inclusive procurement process. And how do you successfully bid on those opportunities? What is the role of transparency in your approach? How do you find opportunities?
Procurement transparency exists within the public sector because it is required by law. And yet, not all transparency is equally effective. Suppliers need bidding and contract transparency. The public needs spend and supplier selection transparency.
Fast forward to today, having many different systems with separate pockets of data has created not only transparency issues, it increases the amount of manual work that must be done to answer even the most straightforward inquiries. The public sector needs to emphasize transparency, to show the public ‘the money’.
At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Increased Transparency: Greater visibility for all as to the opportunities available (or already planned) to work with city and state agencies.
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.
Enormous, complex, global enterprises use procurement technology to manage their spend, suppliers, contracts and bids every day without seeming to run into the same stumbling blocks as the public sector, which operates on a smaller and more localized basis. This is what Ivalua for Public Sector can do for you. .
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