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To succeed, governments must embrace innovation, integrate cutting-edge tools like artificial intelligence (AI) and blockchain, and empower procurement teams to lead the way. Governments worldwide control vast budgets through procurement, giving them the power to: Drive innovation by demanding advanced solutions from vendors.
Procurement decisions may also be influenced by emergencies, such as the need for the prompt delivery of goods and services to address disasters like earthquakes or hurricanes. The level of competition in the market can also influence the choice of procurement method.
Join us on November 20-21 as we dive into the future of the Federal procurement system post-election. Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for procurement policy and the Federal Acquisition Regulation (FAR)?
The pandemic put a strain on already tight public sector budgets and demand for new projects only continues to climb. But if those organizations didn’t have a line in the budget for procurement technology, they may have struggled to cover the cost of a new or upgraded eProcurement system. “So And for good reason.
Join us on November 20-21 as we dive into the future of the Federal procurement system post-election. Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for procurement policy and the Federal Acquisition Regulation (FAR)?
Factors which influence outsourcing: Smaller public entities, in terms of budgets, typically do not fund staffing resources for procurement. In 5-years, that’s 50% of the procurement staff being replaced. He presented to the World Bank on social procurementstrategies. Outsourcing is getting attention.
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