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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. As theOpen Contracting Partnership, we support transformational procurement reforms in over 50 countries. How can the Bank leverage this opportunity?

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Why e Procurement Systems are the Secret Weapon for Public Sector

ivalua

Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. However, a smaller subset of these states have looked at e Procurement as a potential source of revenue.

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In Kazakhstan, opening up procurement boosts public oversight and prevents millions in wasteful spending

Open Contracting Partnership

Challenge: Despite ongoing government reforms, corruption and inefficient spending remains pervasive in Kazakhstan’s public procurement. Finally, the Anti-Corruption Agency is proactively supporting the development of civic monitoring and has agreed to cooperate with the civil society coalition to monitor procurement.

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Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency).

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2024 – A year in review with the Public Procurement Group (PPG)

Scottish Government Procurement

As 2024 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sectors 2024 achievements. They show that the 16 billion of public procurement spend, we generated 13.8 billion to Scottish GDP.

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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.

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Innovation procurement under the Procurement Act 2023 -- changing procurement culture on the cheap?

How to Crack a Nut

On 13 November 2023, the UK Government published guidance setting out its ambitions for innovation procurement under the new Procurement Act 2023 (not yet in force, of which you can read a summary here). This further expands on the ambitions underpinning the Transforming Public Procurement project that started after Brexit.