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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

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. What is a Solicitation Tool?

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance. Here is how we can help.’

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more public procurements. The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

In the UK, the government spends around £284 billion on public sector contracts every year. With so much money in play, it should be unsurprising that government procurement attracts so much interest. Even big names like Amazon, Dell, and Apple hold government contracts in England. What is Government Contracting?

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When should procurement be outsourced?

The Procurement School

Factors which influence outsourcing: Smaller public entities, in terms of budgets, typically do not fund staffing resources for procurement. Their CFO is required to ensure value for money and compliance with competitive bid laws. Outsourcing the procurement expertise is a growing option for smaller entities to consider.

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Enhancing Competition in Public Procurement: Lessons from the NAO Report

Tracker Intelligence

This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement. Public sector procurement is driven by competition to achieve economic efficiency and stimulate innovation, providing new ways to deliver vital goods and services.