Remove Buyers Remove Integrity Remove Procurement Strategies
article thumbnail

Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

Public sector professionals must responsibly procure goods and service contracts on behalf of the taxpayer. 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.

article thumbnail

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

Inter-American Development Bank

Improved procurement strategies could reduce public debt by as much as 1.8% By neglecting passive waste, countries miss opportunities to fully leverage public spending, as inefficiencies in execution can render otherwise well-intentioned procurement efforts ineffective. of GDP, according to FISLAC calculations.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.

article thumbnail

#ScotClimateWeek PPG round up

Scottish Government Procurement

As part of Scot Climate Week 2023 , we hear from some members of the Public Procurement Group (PPG) on how their organisations are embedding climate action in their procurement activities. One significant step forward is the integration of environmental evaluations into our tendering process for all products.

article thumbnail

Collaborative Frameworks update: June 2024

Scottish Government Procurement

Early development work on the re-let has commenced and a Prior Information Note (PIN) will be issued shortly which will include a Request for Information (RFI) to gain views from the market and stakeholders, to inform our Procurement Strategy. The DPS is available to all Scottish public bodies including third sector bodies.

article thumbnail

What is Responsible Sourcing?

ivalua

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. .

article thumbnail

Sustainable and Circular Procurement Practices in Public Sector Procurement

Tracker Intelligence

Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.