Remove Efficiency Remove Presentation Remove Procurement Strategies
article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

What is Smart Public Procurement? Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Improved procurement strategies could reduce public debt by as much as 1.8%

article thumbnail

3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? It empowers organizations to simplify the procurement process, enhance productivity, and reduce expenses.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Wake Up AP, Before it’s Too Late! E-invoicing Mandate | France 2024

ivalua

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Read More : Under Pressure, Will Procurement Take Performance Higher in 2023?

article thumbnail

The Role Of Social Value In Public Procurement: Driving Community Impact

Tracker Intelligence

It involves asking: Beyond the immediate deliverables, how does this procurement positively impact communities? Beyond the Bottom Line: Social value prioritises community well-being over just financial efficiency. These initiatives make it possible for suppliers to implement social value model obligations more efficiently.

article thumbnail

The Benefits of AI in Procurement

Oxford College of Procurement and Supply

With the vast amounts of external data that AI has access to, it can provide more information in real-time, which procurement teams can use to facilitate and improve their decision-making. When presented with properly organised databases, AI can provide powerful predictive analysis and projections based on historical data.

article thumbnail

Our 2030 vision: Better procurement for people and planet

Open Contracting Partnership

We will support local partners to grow their capacity, especially local-rooted civil society partners who are natural users of public procurement information such as reAcción in Paraguay , CivicDataLab in India or Africa Freedom of Information Centre in Uganda.

article thumbnail

How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

When planning your procurement strategy for the long term, the stability that comes with government contracting can give your business a serious edge. Opportunities to Collaborate Getting involved with government procurement means you can apply your business’s industry knowledge to the public sector. So why wait? So why wait?