Inter-American Development Bank

OCTOBER 31, 2024

In other words, smart procurement also considers the potential social and developmental impacts of public spending, rather than solely focusing on rule compliance or the cost of resources. Improved procurement strategies could reduce public debt by as much as 1.8% of GDP, according to FISLAC calculations.

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

Oxford College of Procurement and Supply

JULY 28, 2023

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. By utilising AI, companies can streamline the entire procurement and supply process while allowing procurement teams to focus on higher value-added tasks.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

Inter-American Development Bank

MARCH 7, 2023

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

Finance Price Sustainability Capacity 52