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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. Here are a few more skills Cunningham feels belong on the IT purchasing team: project management, financial analysis and communication skills. Consider the total cost of ownership, not just upfront costs. .

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Benchmarking in Procurement: The Key to Maximising Business Value

Oxford College of Procurement and Supply

Why Benchmarking Matters in Procurement Procurement is all about achieving value for money. In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. Ready to deepen your procurement expertise?

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Charging Forward: Public sector EVs pose both challenges and opportunities for state agencies and their partners

American City & Country

Across the country, state and local procurement teams are taking up the call to expand electric vehicle (EV) infrastructure. Moreover, as EV tech improves and becomes more widely adopted, the costs associated with electric vehicles are expected to decrease—reducing total cost of ownership (TCO) compared to a gas-powered fleet.

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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

Author: Graham Allen There are many similarities and differences between public and private procurement. However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. A solid procurement like a good building begins with a strong foundation which takes time to build properly.

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Government’s AI inflection point: Why on-prem tech modernization matters

FedScoop

Enterprise IT procurement teams increasingly see the value of focusing on FLOPS (floating point operations) per watt rather than FLOPS per second in evaluating their hardware buys and total cost of ownership.