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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

However, one critical element often overlooked in these discussions is public procurement. Far from being a mere bureaucratic task, procurement is the mechanism through which governments acquire the infrastructure and technology needed for this transformation.

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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 are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

ivalua

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

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Invoice Hub – the Next Horizon for AP Automation

ivalua

Finally, the all powerful e-Invoice network emerged to magically automate all before it. The perfect vision was that by merging e-Invoicing with a hammer called ‘No-PO No Pay’ the earth would move under Accounts Payable. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. Many of these factors may not be directly controlled by the supply chain department, such as the ERP system and its ability to leverage digitalized processes.

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The Benefits of AI in Procurement

Oxford College of Procurement and Supply

Over the last few years, procurement has been undergoing a digital transformation. AI can bring many benefits to procurement teams and their companies. In this post, we take a look at the benefits of using AI in procurement departments. Information AI allows procurement teams to mine huge amounts of complex data.