Capacity Innovation Procurement Strategies 
The Procurement ClassRoom
NOVEMBER 23, 2024
Public procurement will either propel us toward the digital future Gates describes or hold us back with outdated processes and institutional inertia. To succeed, governments must embrace innovation, integrate cutting-edge tools like artificial intelligence (AI) and blockchain, and empower procurement teams to lead the way.
Open Contracting Partnership
APRIL 4, 2025
Currently, the Bank conducts procurement for these investment projects, putting pressure on internal procurement capacity at the Bank, and missing an opportunity for domestic procurement teams to modernise their own countrys systems and upskill procurement teams.
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The Procurement ClassRoom
NOVEMBER 16, 2024
Procurement decisions may also be influenced by emergencies, such as the need for the prompt delivery of goods and services to address disasters like earthquakes or hurricanes. The level of competition in the market can also influence the choice of procurement method.
ivalua
APRIL 9, 2021
However, the research reveals that many organisations feel their procurement strategies are being hampered by outdated technology: Organisations believe that overly dispersed (72%), unactionable data (70%), and a lack of embedded best practices (70%) are limiting overall value from technology solutions. Download the full study *.
ivalua
APRIL 8, 2021
However, the research reveals that many organizations feel their procurement strategies are being hampered by outdated technology: . But at many, COVID-19 exposed weaknesses in outdated procurement processes, tools, and data that limited agility and impacted decision-making.” comments David Khuat-Duy, Corporate CEO at Ivalua.
The Procurement School
OCTOBER 22, 2024
When the public sector increases SME participation, the results produce increased regional economic growth, enhanced innovation on pilot projects, and a better value for dollar. All parties involved reduced layers of bureaucracy and kept the process lean and innovative.
Inter-American Development Bank
OCTOBER 31, 2024
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). of GDP, according to FISLAC calculations.
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