Remove Contract Management Remove Information Remove Procurement Strategies
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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Develop a Strategic Procurement Plan Procurement shouldn’t be reactive; it should be proactive. Start by developing a strategic plan that aligns procurement goals with your organization’s overall objectives. This not only reduces manual labor but also minimizes errors and improves procurement efficiency.

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

Learning opportunities abound for buyers to inform their thinking and help their organization to be progressive and compliant. These certifications validate your expertise and demonstrate your commitment to professionalism in the procurement arena.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

This would result in large monetary and transactional savings for governments because, for example, approximately 25% of public contracts in the region require time extensions averaging nearly double their original terms, while around 13% experience budget increases of up to 50%. of GDP, according to FISLAC calculations.

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supply chain risks, and facilitate informed procurement decisions. Analytics can help organisations to identify opportunities for cost savings, improved contract compliance and better procurement strategies.

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Digital Technology Assurance Framework – Procurement insights

Scottish Government Procurement

In our analysis of recommendations from major digital reviews we have found three distinct themes relating to procurement and contract management. You can keep up to date with the work of the Continuous Improvement team by subscribing to the Digital blog.

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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

These steps may not apply to every procurement but once completed they will inform the procurement strategy which then leads to development of procurement document. Needs analysis ensures an accurate understanding of the goods / services being procured. The last step is to undertake a risk assessment.

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Procurement Act 2023: What’s next and why you should act now

VWV

The Government has now launched a National Procurement Policy Statement stakeholder survey, inviting input from the public sector and suppliers regarding procurement priorities. It is also worth pointing out that the NPPS does not apply procurements by devolved authorities who will have their own procurement policy documents.