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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. This reduction would not only lead to lower interest expenses but also stimulate GDP growth by fostering a more efficient economy.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

How can you create a more efficient supply chain and gain a better understanding of overall performance? In a market where production capacity has been saturated by exponential demand, product suppliers now have the upperhand. Let’s address why having the right supplier information and supplier relationships is a must. .

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Six opportunities to promote resilience and decarbonization through fiscal policy

Inter-American Development Bank

All countries in the region have signed the Paris Agreement, which aims to increase countries’ resilience and adaptive capacity, as well as stabilize global warming below 2°C and as close to 1.5°C C as possible. This objective implies two major challenges for finance ministries.

Finance 52
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The Benefits of AI in Procurement

Oxford College of Procurement and Supply

AI can reduce time spent on some procurement processes by up to as much as 60%, especially when utilised to its 24/7 operating capacity. AI supports the development and deployment of effective strategic plans for enhanced profitability. This allows them to be extremely competitive and ultimately boost sales and revenue.

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B2Gov: Meet the open data bundlers turning binners into winners

Open Contracting Partnership

The team at B2Gov, based in Argentina and made up of 19 people, offers clients the chance to boost their business capacities in the public procurement market, to understand the competitive dynamics of the market in advance, to conduct performance assessments and devise strategies to succeed in future opportunities.

Data 57
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A Cloud-Driven Business Model

GovLoop

Operational efficiency: “Because it’s all built on shared services, data sharing is easy, shared security is easy and we’re able to standardize a lot of processes to reduce duplication of effort,” he explained. In setting up a data center, you try to anticipate the capacity you will need over the life of the hardware.

Budget 52
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Rome wasn’t Built in a Day, Neither was your Supplier Relationship

ivalua

How can you create a more efficient supply chain and gain a better understanding of overall performance? In a market where production capacity has been saturated by exponential demand, product suppliers now have the upperhand. Let’s address why having the right supplier information and supplier relationships is a must. .