American City & Country

NOVEMBER 18, 2024

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

The Procurement School

OCTOBER 22, 2024

Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown. Additionally, a simplistic risk transfer strategy may reduce market interest, and the number of bids submitted.

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Participation Procurement Strategies Procurement Buyers 52

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 105

Price Supply Chain Supplier Procurement Team 105

Inter-American Development Bank

OCTOBER 31, 2024

What is Smart Public Procurement? Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Improved procurement strategies could reduce public debt by as much as 1.8%

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

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 52

Efficiency Procurement Data Supply Chain 52

VWV

OCTOBER 15, 2024

The changes to the go live date have been confirmed under The Procurement Act 2023 (Commencement No. Transitional provisions With this delay, any procurements of new contracts, including frameworks and dynamic purchasing systems (DPS), that begin before February 24, 2025, will continue to be governed by the Public Contracts Regulations 2015.

Procurement 52

Procurement Supplier Tender Procurement Strategies 52

The Procurement School

FEBRUARY 6, 2024

Their training and certification equip them to develop and execute procurement strategies that align with organizational objectives. These professionals excel in managing supplier relationships, understanding contract nuances, and mitigating risks. Ready to leap?

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Supply Chain Efficiency Procurement Management 52