ivalua

MARCH 31, 2020

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.

Procurement 52

Procurement Supply Chain Procurement Team Supplier 52

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important? As such, today’s procurement teams must embed ethics into their processes in addition to the conventional focus on a good ROI.

Ethics 52

Ethics Import Procurement Supply Chain 52

VWV

JUNE 15, 2021

The National Procurement Policy Statement this month applies to all contracting authorities who are subject to the procurement rules. Although it applies with immediate effect, it has been introduced to underpin the new procurement regime. What Does the National Procurement Policy Statement Say?

Public Procurement 40

Public Procurement Procurement Procurement Team Procurement Strategies 40

American City & Country

OCTOBER 29, 2024

How VMI Transforms Procurement Vendor Managed Inventory is about much more than having parts on hand. It’s a procurement strategy that saves time, reduces operational costs, and increases overall productivity. For agencies facing labor shortages or limited resources, VMI can be a game-changer.

Vendor Management 58

Vendor Management Inventory Management Inventory Management 58

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

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 52

Procurement Bidder Procurement Strategies Evaluation 52

Tracker Intelligence

DECEMBER 30, 2024

Social value is a transformative approach shaping how public contracts are awarded and executed. Let us have a closer look at how social value is revolutionising procurement and paving the way for meaningful community impact and environmental benefits. This is why government agencies are setting sustainability targets for suppliers.

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Sourcing: Where Procurement often creates value first. Purchasing is also where value is captured (i.e.,

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Tracker Intelligence

DECEMBER 16, 2024

Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

ivalua

JANUARY 31, 2022

Teams also need to to mitigate supply chain risk by prioritizing digital transformation and adopting procurement technology. #4. An Ardent 2021 survey of more than 350 CPOs and other business leaders found that there’s a strong push by procurement teams to adopt suites instead of a collection of standalone or one-off solutions.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

Tracker Intelligence

MARCH 12, 2025

Public procurement is not just about ensuring a single contract; instead, it requires a long-term strategy to stay ahead of the competition. Success in this space requires more than just submitting bids; it demands strategy, consistency, risk management, and a deep understanding of the ever-evolving rules. The secret?

Public Procurement 52

Public Procurement Procurement Buyers Tender 52

Oxford College of Procurement and Supply

MARCH 24, 2025

For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. In this blog post, well explore in detail the impact of US tariffs on UK supply chains and outline actionable steps procurement teams can take to adapt. billion (ONS, 2024).

Supply Chain 52

Supply Chain Export Automotive Supplier 52

Tracker Intelligence

NOVEMBER 29, 2024

By addressing these challenges, procurement teams can enhance transparency, ensure compliance, and deliver value for money. Source: [link] The Key Challenges In Public Procurement Regulatory Complexity With the Procurement Act 2023 evolving, procurement is treated with a lot of oversight.

Public Procurement 52

Public Procurement Efficiency Procurement Bid Rigging 52

Scottish Government Procurement

MARCH 19, 2025

We also introduced a new Scottish Procurement Policy Note covering changes to the Scottish procurement legislation, reflecting updates at various International Trade Agreements and to fulfil some of our international obligations. One of the main changes we discussed as a group was around widening representation.

Procurement 57

Procurement Public Procurement Sustainability Collaboration 57