ivalua

AUGUST 21, 2022

For Heads of Procurement, CSR is now a major consideration. In our survey, Heads of Procurement ranked supply chain fair labor practices (68% of respondents) and preventing bribery and corruption (52%) as a high priority in their CSR endeavors. Strategies to Improve Sustainability in Procurement.

Procurement Strategies 96

Procurement Strategies Sustainability Procurement Supply Chain 96

The Procurement ClassRoom

NOVEMBER 23, 2024

Fraud Detection : Machine learning models can monitor procurement transactions for irregularities, reducing corruption risks. Failure: Health Information Systems Failed attempts to digitize healthcare systems in various countries highlight the risks of inadequate procurement strategies.

Procurement 59

Procurement Supply Chain E-procurement Public Procurement 59

Inter-American Development Bank

OCTOBER 31, 2024

Improved procurement strategies could reduce public debt by as much as 1.8% In instances of active waste, such suboptimal decisions are motivated by personal gain, as exemplified by corruption. This continuous data flow strengthens public trust by minimizing corruption risks and reaffirming a commitment to transparency.

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

Public Contracting Institute

APRIL 1, 2024

By leveraging blockchain’s capabilities, these entities can significantly mitigate corruption risks, streamline operations, and foster a more transparent procurement environment. Integrity Provides an immutable record, reducing fraud and corruption.

Public Procurement 52

Public Procurement Transparency Integrity Integration 52

Open Contracting Partnership

MARCH 5, 2024

For example, with our support, the Dominican Republic’s procurement agency monitors all transactions in the country’s electronic procurement system in real-time using 21 automated corruption red flag risk indicators.

Procurement 89

Procurement E-procurement Public Procurement Sustainability 89

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

Extortion This is the other side of bribery, whereby requests for money are made in exchange for favoured consideration or to prevent other forms of corruption from being exposed. Coercion and Intimidation This is when threats of harm or loss are made instead of bribes.

Ethics 52

Ethics Import Procurement Supply Chain 52

Tracker Intelligence

DECEMBER 30, 2024

Anti-corruption policies further reinforce integrity in procurement, safeguarding public funds and fostering trust in government processes. Reporting results enhances accountability and assists in measuring the effectiveness of procurement strategies. How Does Tracker Intelligence Help In All This?

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52