Contract Management and Procurement Strategies

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

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.

Purchasing

Purchasing Procurement Supplier Supply Chain

Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

OCTOBER 22, 2024

From procurement management courses to ongoing procurement webinars, resources are available to help you stay informed and up-to-date with the ever-evolving world of procurement Written by Chris Sheel Chris has been a practicing public-sector procurement professional for over 25 years.

Participation

Participation Procurement Strategies Procurement Buyers

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

FEBRUARY 10, 2023

You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price

Price Supply Chain Supplier Procurement Team

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

Inter-American Development Bank

OCTOBER 31, 2024

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.

Public Procurement

Public Procurement Procurement Strategic Planning Balance

Digital Technology Assurance Framework – Procurement insights

Scottish Government Procurement

FEBRUARY 8, 2024

In our analysis of recommendations from major digital reviews we have found three distinct themes relating to procurement and contract management.

Procurement

Procurement Tender Public Procurement Contract Management

Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

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.

Efficiency

Efficiency Procurement Data Supply Chain

How Certified Procurement Professionals Drive Efficiency in Supply Chain Management

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?

Supply Chain

Supply Chain Efficiency Procurement Management

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

VWV

OCTOBER 15, 2024

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.

Procurement

Procurement Supplier Tender Procurement Strategies

Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

SEPTEMBER 15, 2023

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.

Procurement

Procurement Bidder Procurement Strategies Evaluation

How the National Procurement Policy Statement Will Help Transform Public Procurement

VWV

JUNE 15, 2021

The UK Government is now able to set its own agenda for public procurement and this is reflected in the policy statement. What Does the National Procurement Policy Statement Say?

Public Procurement

Public Procurement Procurement Procurement Team Procurement Strategies

When should procurement be outsourced?

The Procurement School

AUGUST 21, 2024

Outsourcing the procurement expertise is a growing option for smaller entities to consider. Many smaller public entities have formal associations [1] where they do outsource their procurement needs. He presented to the World Bank on social procurement strategies. Outsourcing is getting attention.

Procurement

Procurement Competitive Bidding Public Procurement Supplier

Advancements in Transparency and Integrity through Blockchain in Public Procurements

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.

Public Procurement

Public Procurement Transparency Integrity Integration

Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Source-to-Pay is typically broken into two parts – upstream and downstream.

Supplier

Supplier E-procurement Supply Chain Procurement

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

AUGUST 17, 2021

However, it is important to understand the differences and varying degrees of focus between direct and indirect spend in procurement and sourcing. One thing in common with best in class procurement teams, is that they are turning to Source-to-Pay systems and other digital procurement technologies and this is a competitive advantage.

Procurement

Procurement Supply Chain E-procurement Procurement Team

Sustainable and Circular Procurement Practices in Public Sector Procurement

Tracker Intelligence

NOVEMBER 14, 2024

Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.

Sustainability

Sustainability Procurement Supply Chain E-procurement

Public Procurement Central

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

Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

Trending Sources

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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

Digital Technology Assurance Framework – Procurement insights

Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

How Certified Procurement Professionals Drive Efficiency in Supply Chain Management

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

Navigating the 5 Steps of the Procurement Journey Part 1

How the National Procurement Policy Statement Will Help Transform Public Procurement

When should procurement be outsourced?

Advancements in Transparency and Integrity through Blockchain in Public Procurements

Let’s Get Digital: Introducing your Source-to-Pay Guide

What’s the Difference Between Direct vs Indirect Procurement?

Sustainable and Circular Procurement Practices in Public Sector Procurement

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