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

American City & Country

Your procurement strategy should outline short-term and long-term goals, identify potential risks, and focus on building strong supplier relationships. Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts.

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Slowing Down Public Sector AI Adoption -- guest post by Saema Jaffer

How to Crack a Nut

Slowing Down Public Sector AI adoption PROCUREMENT CONFERENCE DAY I am at an industry conference day, there are rows upon rows of supplier stands, and tables covered with branded pens and tote bags. I am reading a leaflet for a contract management portal when I overhear a conversation between a buyer and a supplier. “I

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. This knowledge enables procurement professionals to streamline operations, optimize spending patterns, and improve supplier performance.

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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

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Part II: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

By bridging the gaps, Amrest could even start the tendering process earlier with a wider range of suppliers. Suppliers can support company growth as part of the Amrest procurement journey. The level of supplier involvement depends on the category of spend. Engaging strategic suppliers in the process can help mitigate risks.

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Friday Flash 02/09/2024

The Coalition for Government Procurement

Legislative Language Within one year of enactment, the bills would require the NIST Director to issue guidance for federal agencies to incorporate the Framework into their artificial intelligence risk management efforts. GSA & VA Schedule Contracting Training for In-House Counsel, Feb.

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Friday Flash 10/25/2024

The Coalition for Government Procurement

Level 1 certification will require a self-assessment, attested to annually by the Affirming Official of the organization and submitted to DoD’s Supplier Performance Risk System (SPRS). GSA & VA Schedule Contracting Training for In-House Counsel, Oct. To register, click here.