Remove Capacity Remove Risk Management Remove Transparency
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It’s Time to Rethink Supply Chain Risk Management

ivalua

In a Forrester Consulting survey of over 400 procurement decision makers at companies with over 1000 employees, the top barrier to ensuring supply continuity was an inability to effectively assess the overall risk across suppliers in a category. The post It’s Time to Rethink Supply Chain Risk Management appeared first on Ivalua.

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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. More recently, it canceled a RD$1.3

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Impact of PPN 02/24 on AI Use in Public Procurement

Tracker Intelligence

To some capacity, AI systems hold plenty of weight in greatly reducing the time spent on completing important procurement tasks. The procurement policy note is designed to provide transparency in AI procurement, including the initial awarding process and the duration of the contract.

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Modern CPOs on their way to Smart Procurement

ivalua

Today, they are tackling new priorities like risk management, supplier compliance, actionable insights. Increased Capacity for Strategic Thinking. If procurement is to do more, it must be more efficient and free up capacity for higher value activities that support new strategic priorities.

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown. Additionally, a simplistic risk transfer strategy may reduce market interest, and the number of bids submitted.

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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.

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The Future of Supplier Management is Here, and it’s Holistic

ivalua

In doing so, they have improved supplier collaboration and created a greater capacity for resilience, innovation, and continuous improvement. . How do these organizations build their supplier management programs? Most spend management or S2P solutions severely lack strong supplier management capabilities.