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We have reached one year since the launch of the Public ProcurementStrategy for Scotland (PPSfS). The strategy provides a clear vision and focused direction, supporting the whole Scottish public procurement community to align, to collaborate and to deliver positive outcomes with real impacts for the people of Scotland.
Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.
When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance.
This post was originally published on the ODI Global blog. Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. How can the Bank leverage this opportunity?
As 2024 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sectors 2024 achievements. They show that the 16 billion of public procurement spend, we generated 13.8 billion to Scottish GDP.
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?
Procurement has a great opportunity to make an outsized. The post ProcurementStrategies for Mid-Market Success appeared first on Art of Procurement. Mid-market companies are characterized by ambitious growth trajectories and untapped potential.
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | ProcurementStrategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.
As a follow up to the publication of Scotland’s journey of achieving sustainable procurement outcomes 2002-2022: independent review , we have interviewed key organisations representing and working with the business and the third sector in Scotland about sustainable procurement outcomes.
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Readers should look for future blogs addressing data analytics and the MAS program.
In this edition, Nick provides an update reflecting on the first few months of the year – highlighting key achievements, events, publications and successes from across the procurement community. McKee as the Minister for Public Finance and as the Minister responsible for procurement.
Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Readers should look for future blogs addressing data analytics and the MAS program.
As 2023 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sector’s 2023 achievements. You can watch the video below, or read the transcript at the bottom of the page.
We welcome a guest blog from Laura Johnstone-Continuous Improvement lead for the Scottish Government’s Digital Assurance Office (DAO). You can keep up to date with the work of the Continuous Improvement team by subscribing to the Digital blog.
With the Procurement Act 2023 now set to come into force on 24 February 2025, contracting authorities have been given an additional four-month extension to prepare. The changes to the go live date have been confirmed under The Procurement Act 2023 (Commencement No. Where are we now? This is the date everyone must now work toward.
Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. The following blog will provide a more detailed exploration of creating sustainable procurementstrategy, their benefits and challenges during implementation.
P rocurement, a critical component of supply chain management, is transforming, driven by the expertise of certified procurement professionals. Armed with a Public Procurement Certificate , these individuals bring a new level of efficiency and strategic insight to the field. Join us as we delve into the world of procurement excellence.
In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. By leveraging blockchain’s capabilities, these entities can significantly mitigate corruption risks, streamline operations, and foster a more transparent procurement environment.
Available on AWS Marketplace Public sector organizations need to balance extensive regulatory and compliance obligations with cost-effective procurementstrategies. Learn more about Kiip on AWS Marketplace and read more blog posts about how the cloud helps communities prevent and combat housing instability.
Photo credit: Flickr While carrying out research on the impact of digital technologies for public procurement governance, I have realised that the deployment of artificial intelligence to promote sustainability through public procurement holds some promise.
This article will show you how to navigate the procurement process, prepare your business, and submit winning bids. To compete effectively, businesses must navigate the federal procurement landscape and comply with stringent government regulations. Federal IT contracts allow businesses to provide technology solutions to the government.
As an international leader in procurement, Craig has executed major procurement reforms and brought innovative methods to the organizations he’s worked at, including the City of Lethbridge and the Cayman Islands government. Hungry for more tips, insights, and inspiration you can use to level up your procurementstrategy?
Opportunity #4: Green Procurement Public procurement accounts for about 20 percent of total government spending in the region, so the contribution of green procurement policies and management to commitments under the Paris Agreement is potentially high. Learn more about the IDB’s work on fiscal policy and climate change.
In this latest vlog, Nick provides an overview of the last quarter with achievements and updates from across the Scottish Procurement and Property Directorate. Nick also touches on upcoming events over the next few months across the Scottish procurement community. And as always, procurement will have an important contribution to make.
With just one month left until the Procurement Act 2023 officially takes effect, the clock is ticking for organisations to ensure theyre fully prepared. Updated your procurement documents to comply with the Acts requirements? Your procurement readiness checklist: Update your procurementstrategy and contract procedural rules.
For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. In this blog post, well explore in detail the impact of US tariffs on UK supply chains and outline actionable steps procurement teams can take to adapt.
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