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Why are KPIs Important in Procurement?

Oxford College of Procurement and Supply

KPIs need to be created with the understanding of what is important to the business, what information can add value and with consideration on how the information required can be gathered. Looking at KPIs in a more strategic manner, it is important to try and relate them to the organisation’s strategy, vision and mission.

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

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.

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Everyone, including top leaders, need to be on-board when agencies install new technology

American City & Country

One of the most important factors for local governments to consider before purchasing any new technology is how quickly and effectively it can be integrated into an organization’s existing tech stack without disrupting day-to-day operations. The human aspect of deploying and adopting new technology is important.

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HHS Needs Small Business Government Contractors and Industry Partners

GovCon Chamber of Commerce

If federal buyers find enough qualified businesses in their own directory, they won't look anywhere else! Update your registration whenever your qualifications and other important information change. Register in the HHS Vendor Supplier Portal to rise above your competition. You need to get inside HHS!

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

Bridging the digital divide: Implementing open procurement for effective digital transformation Digital transformation is arguably the most important administrative undertaking of governments around the world. Access to technical expertise Problem: Lack of specific technical expertise for informed choices within government.

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Invoice Hub – the Next Horizon for AP Automation

ivalua

It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. No PO, no Pay was born to force suppliers to add PO’s to Invoices by forcing Buyers to create PO’s. So the network providers just haven’t delivered, and only further fractured the link between buyer and supplier. .

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Final EU model contractual AI Clauses available -- some thoughts on regulatory tunnelling

How to Crack a Nut

This regulatory technique simply seeks to allow public buyers to ensure compliance with the EU AI Act by cascading the relevant obligations and requirements down to tech providers (largely on a back to back basis). Limitations in the model AI clauses The model AI clauses come with some additional ‘caveat emptor’ warnings.

Buyers 88