Remove Buyers Remove Ethics Remove Risk Management
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It’s Time to Rethink Supply Chain Risk Management

ivalua

To properly assess risk, reduce carbon emissions and avoid ethics violations, leaders must map and assess the multi-tier supply chain. Supplier risk management too often focuses on evaluating the risk level of each supplier and selecting lower risk ones when possible. Fortunately, we have what we need today.

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown. Relationships will benefit when buyers promptly respond to SMEs’ queries and consider them as a valuable and positive part of the job.

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A red light for corruption: How the Dominican Republic is using open data, better processes & collaboration to fight corruption

Open Contracting Partnership

Approach: The new director of the procurement agency led the development of a data-driven corruption risk monitoring system and worked with a reform team to strengthen the institutional capacity of government buyers, improve cross-agency coordination and increase collaboration with civil society.

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Why are KPIs Important in Procurement?

Oxford College of Procurement and Supply

KPIs are popularly related to areas such as: On time delivery Amount of rejects Cost reduction Ethical conduct Sustainable approaches Lead times KPIs can be written to measure any aspect of supplier performance but must be relevant to the contract to add value. Early indication in this situation would be key to risk management.

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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

This guide examines the fundamentals of public procurement, including fairness, value for money, and transparency, and how they influence both ethical and effective procurement procedures. Transparency, fair competition and also robust contract management are required to ensure that public money is being spent responsibly.

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5 Steps Towards Modernizing Supplier Management

ivalua

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Effectively managing suppliers is now one of the most important factors in organizational success.

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Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

The review process includes a thorough evaluation by a buyer to confirm that the submission contains complete information, detailed justification, and appropriate documentation supporting fair pricing. Therefore, procurement teams must implement strategies to manage these risks effectively.