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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. To have an objective assessment on efficiency, there should be a set of KPIs or measurement tools to compare. Efficiency metrics examples 1.The

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Elevating internal customer support at Thorn with AWS: A generative AI use case

AWS Public Sector

Efficiently addressing internal customer support tickets can profoundly impact an organization’s productivity and employee well-being, apart from their ability to focus on the mission at hand. That said, the team is always on the lookout for ways to improve efficiency and support scaling.

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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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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Understanding these factors and applying them appropriately ensures effective and efficient procurement that aligns with organizational policies and objectives. As procurement professionals, we must strive to embed this understanding in our policies, practices, and capacity-building efforts to ensure continuous improvement in the field

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Maximizing satellite communications usage with Amazon Forecast

AWS Public Sector

However, a key concern is to maximize the utilization of capacity to meet demand while avoiding overprovisioning. Amazon Forecast is a fully managed deep learning service for time-series forecasting which can be used to estimate future capacity needs enabling operators to make planning decisions with more confidence.

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The Navy only ‘thinks’ it has a schedule for new submarine delivery

Federal News Network

And so being able to kind of pump out the design products and being able to deliver documentation to the team of folks that build these things to be able to have paper on hand, to be able to say, here’s the steps I need to take to build this thing has just been like less efficient than they expected. Tom Temin Right.

IT 115
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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. Efficiency is key.