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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. Effectiveness in Public Procurement Effectiveness in public procurement measures the degree to which procurement activities meet their intended objectives and outcomes.

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Is e-Procurement Free For Buyers?

Mercell

Although our solution was clearly superior in increasing their efficiency and raising the quality of their work, the manager insisted on the no cost option …. Now why do I think this is not in the best overall interest of procurement professionals? Less competition increases cost and lowers quality. The suppliers!

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Empowering auditors: Indonesia uses data-driven oversight to clean up its corruption-prone procurement sector

Open Contracting Partnership

Challenge: Indonesia’s public procurement sector is highly vulnerable to corruption. Data-driven monitoring enables citizens to submit high-quality complaints to authorities. Public procurement stands out as the most vulnerable sector to corruption in Indonesia. Semarang City made a similar agreement in 2023.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Cross-departmental collaboration and scalable solutions are important to maximizing ROI and adapting to changing citizen demands within budget constraints.” No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. Prioritize stakeholder engagement, including community input.

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It’s a small but important detail: Are foreign contractor employees legit?

Federal News Network

A long-running program called E-verify lets employers confirm such potential employees are eligible to work in the United States. The Government Accountability Office (GAO) has found that agencies are not consistent in checking the E-verify system, as part of their contractor oversight. This goes back quite some years.

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Hutchinson Expands its Procurement Digitalization Roadmap with Ivalua

ivalua

Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. In 2022, it generated a revenue of €4.400 billion. Learn more at www.ivalua.com.

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The Corruption Cost Tracker: Quantifying the costs of corrupt contracting and the savings to be made from reform

Curbing Corruption in Government Contracting

Dávid-Barret, E., Public procurement constitutes about one-third of government spending or 13 trillion USD per year. Corruption in public procurement can lead to: 1) Overpriced public procurement contracts contributing to larger budget deficits. Fazekas, M., Basdevant, O. Full PDF