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Contract Management’s Impact on Procurement Efficiency

The Procurement School

Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.

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The Public Procurement Glossary

Tracker Intelligence

Thats exactly why this Public procurement glossary existsto make things simple. Whether you’re a supplier trying to land your first contract, a business just getting into understanding government procurement, or a pro looking to stay on top of compliance, this glossary is your go-to guide. Youre not alone!

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Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

In order to avoid this issue the opportunity listing advertising the procurement should be distributed to all registered suppliers and where possible also sent to industry organizations for posting on its website. Debriefing Most public procurements provide the opportunity for a vendor debriefing once the procurement has been awarded.

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

Inter-American Development Bank

Rethinking Contract Management is Key for Smart Procurement Achieving smarter procurement requires a delicate balance of incentives and oversight. To achieve this, governments need to rethink how they do and manage contracts, meaning that contract designs should align with the complexity of transactions.

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. That requires extraordinary work internally and co-ordination with key suppliers. The related objective for that firm is that no less than 70% of those new products should come from supplier-generated ideas. .

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management.

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Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

Along with the rise of automation and AI, which reduce much of the traditional Procurement workload, these external drivers mean we must find a new role if we want to add real value. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.