Contract Management Innovation Procurement Strategies 
American City & Country
NOVEMBER 18, 2024
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.
The Procurement School
OCTOBER 22, 2024
When the public sector increases SME participation, the results produce increased regional economic growth, enhanced innovation on pilot projects, and a better value for dollar. All parties involved reduced layers of bureaucracy and kept the process lean and innovative.
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Inter-American Development Bank
OCTOBER 31, 2024
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). of GDP, according to FISLAC calculations.
Tracker Intelligence
NOVEMBER 20, 2024
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.
The Procurement School
FEBRUARY 6, 2024
Key Contributions of Certified Procurement Professionals Certified procurement professionals significantly improve supply chain operations. Their training and certification equip them to develop and execute procurement strategies that align with organizational objectives. Ready to leap?
Public Contracting Institute
APRIL 1, 2024
The technology’s inherent characteristics support a more transparent and efficient procurement process, laying the groundwork for significant reforms in public sector procurement strategies.
VWV
JUNE 15, 2021
Contracting authorities are required to have regard to three national priority outcomes in designing their procurement strategies: Creating new businesses, new jobs and new skills Tackling climate change and reducing waste Improving supplier diversity, innovation and resilience None of these national priorities should come as a surprise.
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