Remove Budget Remove Procurement Strategies Remove Strategic Planning
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Top 10 Foundational Steps To Building A Strong Procurement Strategy

The Procurement School

Collaboration and strategic partnerships can work well for these commodities, where a long-term relationship is established with one or two vendors. Organizational Objectives What are the organization’s procurement objectives? A fulsome understanding of these constraints is needed as they impact what is possible for the strategy.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

In other words, smart procurement also considers the potential social and developmental impacts of public spending, rather than solely focusing on rule compliance or the cost of resources. Improved procurement strategies could reduce public debt by as much as 1.8% of GDP, according to FISLAC calculations.

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Six opportunities to promote resilience and decarbonization through fiscal policy

Inter-American Development Bank

Learn more about the IDB’s work on fiscal policy and climate change.

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