Remove Collaboration Remove Real-time Visibility Remove Transparency
article thumbnail

Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. By leveraging blockchain’s capabilities, these entities can significantly mitigate corruption risks, streamline operations, and foster a more transparent procurement environment.

article thumbnail

Pigs Get Fed; Hogs Get Slaughtered

ivalua

In essence, his point was that supplier collaboration is not altruistic. Again, many people had great process and change management questions, but no one talked about just how best to truly manage this collaboration process with strategic suppliers. Without good visibility and frankly, transparency, any collaboration is hard.

article thumbnail

Streamlining Public Procurement: 6 Strategies for Efficiency and Compliance

ivalua

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. An effective data insight strategy should also incorporate analytics tools that allow stakeholders to monitor progress in real-time and make adjustments as needed.