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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

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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Three Opportunities to Achieve Greater Product Success Through Effective Supplier Engagement

ivalua

Product manufacturers have become increasingly dependent on their strategic suppliers to create a competitive advantage in the market. These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success. Effective Supplier Engagement Requires a Structured Approach.

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What is eProcurement?

ivalua

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Enhanced collaboration as the software allows Procurement, stakeholders and suppliers to exchange information quickly, but also to work jointly on certain item. 100% of electronic POs.

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Better bike lanes in the Philippines: Civic groups won a budget for bike lanes, then followed the money

Open Contracting Partnership

Seven suppliers were awarded contracts. Over 50% of the total award value (PHP 573 million) was awarded to one supplier (Philippine Chemsteel Industries, Inc). million if median internal reference prices were used, to as much as PHP 214 million if the Department of Public Works and Highways construction materials price data were used.

Budget 136
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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

This week’s signs deal with supplier relationships. You Have Imbedded a Cost Management Mindset into Every Supplier Relationship. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers. You Appreciate the Real Impact of a Successful Supplier Diversity Program. alternatives. alternatives.

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Top 6 Reasons to Automate Source to Pay for Oil, Gas and Energy

ivalua

Effective management of safety, deep collaboration with field suppliers and engineers, and reducing supplier risk is crucial to optimizing performance. Procurement professionals in Oil, Gas and Energy companies require governance to ensure contract compliance, adherence to processes and develop sustainable supplier relationships.

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Contract Management’s Impact on Procurement Efficiency

The Procurement School

Contract Management is not a ‘one and done’ but a continuous process that if structured correctly can lead to strong supplier relationships and better procurement outcomes. Compliance Including performance metrics and penalties for non-compliance promotes accountability and incentivizes suppliers to meet their obligations.