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Blockchain Technology and AI in Public Procurement

The Procurement ClassRoom

Integrating blockchain and artificial intelligence (AI) into public procurement processes holds significant promise for enhancing efficiency, effectiveness, and transparency, potentially reducing corruption. This minimizes human intervention, the primary source of corruption in public procurement.

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Procurement Planning: Steps for Issuing a Solicitation

The Procurement School

Market Analysis The level of market analysis is dependent on the outcome of the requirements gathering. If there is a good understanding of the number of potential bidders and their capacity this minimizes the requirement for market analysis. A more formal method is to issue a Request for Information (RFI).

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Master Your Business Classification with the Ultimate Guide to NAICS Code

Select GCR

A NAICS code classifies your company’s primary economic activity, and understanding it is vital for compliance, market research, and accessing government tools. Our article cuts through the noise to help you efficiently pinpoint your NAICS and demonstrate its practical uses without delving into overly technical jargon.

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Kronos Group and Ivalua join forces to optimise H.Essers’ Purchase2Pay & Contract Management

ivalua

The successful cooperation between Ivalua and Kronos Group has provided H.Essers with a highly efficient and complete system for all of its purchase, payment and contract management activities. After 8 months of deep market analysis, the Ivalua solution was the only one to meet all our requirements.

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Unlocking Profitable Opportunities in Railway Cleaning

Tracker Intelligence

In this area, the task of cleanliness and hygiene comes first; not only for the convenience of passengers, but also for the longevity and efficiency of the railway services. However, the depot cleaning tenders are targeted towards the maintenance of rail facilities, which provides operational efficiency and safety.

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Secure Your Business Growth: Find Security Guard Tenders on Tracker Intelligence

Tracker Intelligence

Market analytics: The platform provides market analysis to enable businesses to understand market trends. The platform’s features aim to optimise time, increase the chances of winning a bid, and provide important information about the market to support strategic actions.

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Friday Flash 10/20/23

The Coalition for Government Procurement

Creating consistency across the program based on sound application of the rules will increase efficiency and reduce costs for FAS. Another witness recommended that the government conduct rigorous market analysis and model testing based on government-wide standards in order to keep pace with the rapid growth of open-source AI technologies.