This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. This reduction would not only lead to lower interest expenses but also stimulate GDP growth by fostering a more efficient economy.
The large volume of records combined with coordination challenges with other agencies presents a legitimate problem, the official said. While standardized tech upgrades to support FOIA requests haven’t materialized yet, agency officials who have leveraged new technologies have seen a marked difference in their efficiencies. “We
So far, there’s been positive feedback from the pilots that generative AI has “significantly enhanced data analysis, efficiency, and productivity,” Sim said. Sim said CDC presented that guidance at the Chief Artificial Intelligence Officers Council and he’s shared the guidance with “many federal agencies.” “We
Streamlined decision making : The RACI matrix clarifies the decision-making process, making it easier for the central IT department and agencies to align on priorities and move forward efficiently. You can access our RACI template to get started. You can learn more about the AWS CAF by visiting this webpage.
of respondents characterized their payment collection systems as very efficient, with a concerning 51% describing their systems as either inefficient or “neutral.” Governments with outdated systems may find it challenging to implement such changes efficiently, exacerbating financial strains.
In international arbitration, parties or arbitrators could consider using emotion AI to enhance efficiency and due process (or to gain a strategic and tactical advantage). Although applications are varied, we will focus on two uses: (1) efficiency through facilitating settlement; and (2) due process through ensuring arbitrator attentiveness.
Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance. Organizations with an integrated strategic sourcing platform powered by automation can yield considerable benefits in terms of cost savings, efficiencies, and intelligent decision-making.
Government procurement should be transparent and efficient. But that effort results in transparency and insight that is like a cheat code, an unfair advantage for those who subscribe to GovSpend. In the following Q&A, Nate gives us a peek into what’s top of mind for him as we head into 2024. Any final words?
This environment, according to Al Tamimi, should be characterised by efficient procedures, transparent processes, and robust legal frameworks. Balfaqeeh then presented an in-depth analysis of the threshold for interim reliefs, particularly under the UAE Arbitration Law.
Congratulations to the following 2023 EIP Awardees: Lifetime Acquisition Excellence Presented to individuals in the contracting community (government or industry) for demonstrating a life-long commitment to advancing “common sense in government procurement.”
Over the last two years, 21 Japanese cities have been working on opening up their public contracting for better efficiency, oversight and outcomes as part of the G20 Smart Cities Model Policy on Open Contracting (also available in Japanese ). This underscores Japan’s pivotal position on the global stage.
Generative artificial intelligence (AI) and other advanced technologies present more opportunities for institutions and agencies to make data-driven decisions, accelerate research, create personalized and convenient student and citizen services, automate processes, and more. But how can you turn these opportunities into reality?
Enhancing Efficiency and Productivity: One of the primary benefits AI solutions bring to government agencies is the potential to enhance efficiency and productivity. Transparency, fairness, and accountability must underpin the implementation of AI to maintain public trust.
To understand how local governments can better manage flood risk, it is important to understand how this work is done at present. Her goal is to create ongoing awareness of innovations for our clients to achieve better, faster and cost-efficient results. What’s missing from current methods of managing flood risk?
11, 2019 /PRNewswire/ — Ivalua, a global leader in spend management , today announced that it was selected as the winner of both the Innovations in Third Party Management and Innovations in Digitization awards, presented at the Future of Sourcing Awards event in Carlsbad, CA. REDWOOD CITY, Calif. , Nov. ” About Iv alua.
This presents an opportunity for agencies to focus on this relatively untapped market. Team members need transparency, directness and clarity, which, in turn, is making their supervisors better managers. It is understood that a significant portion of neurodivergent individuals are unemployed or underemployed.
This section describes some measures being put in place or planned to seize ‘the opportunities presented by AI to deliver better public services including health, education, and transport’, such as: ‘ tripling the number of technical AI engineers and developers within the Cabinet Office to create a new AI Incubator for the government ’ (para 41).
Using these databases, businesses can efficiently locate federal contracting opportunities and position themselves for success. Tools like GovWin IQ efficiently track opportunities from specific targeted government agencies at the state and local levels.
Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. These agreements take on even greater importance under the Procurement Act 2023, with greater emphasis on transparency, competition and sustainability.
Embracing digital transformation is crucial for NPOs and NGOs to enhance their efficiency, effectiveness, and overall impact. Transparency and scalability were crucial in providing donor insights and supported increasing involvement, such as attracting celebrities and brands.
Consus partnered with Ivalua to lead the implementation and transformation effort at Intalere to drive cost savings, transparency and improved efficiencies across contracting and category management across the organization. has gone live with Ivalua’s Source to Contract solution. To learn more, visit www.intalere.com. Consus Global.
AI Can Improve Efficiency of Tax Administrations AI also promises to revolutionize tax administration. AI-powered systems can streamline tax filing processes, improve compliance, and personalize services for taxpayers, boosting revenue collection and improving the efficiency and effectiveness of tax systems. The model foresaw a 19.4%
Department of Health and Human Services (HHS) Office of Small and Disadvantaged Business Utilization (OSDBU) in Atlanta, GA, I had the pleasure of co-presenting on this very topic with Wayne Berry, a Senior Procurement Analyst at the HHS OSDBU.
2024 marks a pivotal moment for organizations, agencies, and departments seeking to streamline their workflows and enhance operational efficiency. Integration with Management Systems: Achieving a cohesive ecosystem is crucial for optimal efficiency. Happy New Year!
The UK Court of Appeal has affirmed arbitration as the most cost-effective and efficient supranational dispute resolution procedure for such cases. Such financial constraints can discourage individuals from pursuing their privacy rights, emphasising the need for a more accessible and cost-efficient ADR mechanism.
Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.
Rouven F Bodenheimer, The Tribunal Visualized Approach: Improving Proceedings by Visualized Case Introduction Efficiency in international arbitration has long been contentious, as promised benefits often fail to materialize, leading to user dissatisfaction. Despite ongoing debates and procedural innovations, underlying inefficiencies persist.
A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. However that’s only part of the puzzle – strong vendor relationships are equally essential.
A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. However that’s only part of the puzzle – strong vendor relationships are equally essential.
All states want to use public resources wisely and efficiently but doing so quietly is not enough to meet expectations. Risk Reduction & Transparency : The biggest risk in public sector procurement is the perception that state spending has gone awry. It must be clearly visible to everyone in the state that procurement is well run.
The program holds valuable lessons for others working to empower contracting monitors with different skills and backgrounds to work closely together to foster transparency and better procurement practices in their regions. The first phase, Introductory Course on Public Procurement, took place online from October to December 2021.
There’s never been a better time to explore creative solutions for stretching budgets further and turning federal infrastructure funding into transformative investments in efficient and sustainable water management. I had two justifications I had to make every time I was presenting a rate increase,” says Hawkins.
Consus partnered with Ivalua to lead the implementation and transformation effort at Intalere to drive cost savings, transparency and improved efficiencies across contracting and category management across the organization. has gone live with Ivalua’s Source to Contract solution. To learn more, visit www.intalere.com. Consus Global.
Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Pacific Drilling presents a unique opportunity to expand in the Americas given their industry and vision, and we plan to deploy a best-in-class program to transform their sourcing processes.
Typically they’re presented with three options; increase taxes, increase fees, or pursue federal resources. The DATA Act is intended to improve the quality and transparency of the Federal Government’s award data through implementation of government wide spend reporting standards set by the OMB and Department of Treasury.
Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement. Chassis Brakes Int’l (now part of Hitachi), presents a great example, having unified supplier data across all 25 global ERP environments through it’s global Source-to-Pay (S2P) platform.
Digitization is key to enabling efficient, effective collaboration with a broad set of suppliers, not just a few strategic ones. Enable Transparency. Two of the top five challenges and strategies in this study involve transparency.
This can help answer customer queries efficiently, pinpoint changes to contracts, and accurately assess risks such as fraud. Responsible AI mitigating the risks Organizations that use generative AI must build responsible AI systems that are fair, explainable, robust, secure, transparent, and safeguard privacy.
Beyond the Bottom Line: Social value prioritises community well-being over just financial efficiency. Contracts that seek to provide energy-efficient solutions and implement waste-minimisation strategies to promote activities with minimal environmental impact.
We set up Open Contracting Partnership to be bold: we aren’t after just a bit more transparency of public contracts, we want to transform procurement to meet the urgent needs of our time. They are deeply embedded in their communities, navigating its political economy and present in the policy conversations.
“What people are expecting is personalized, online, digital services for those things that can be digitized,” said Charlie Francis, Senior Consultant at Questica, which provides multi-user budgeting, performance measures, transparency and data visualization software for governments. It’s a way to tell the public, ‘We heard what you said.’”
If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.
The 2024 Rules are presently available in English and Arabic , with a French version expected to be made available soon. The 2024 Rules aim at increasing efficiency, flexibility and transparency of arbitral proceedings conducted under the auspices of the CRCICA.
As Cleveland Mayor Justin Bibb stepped onto the Music Hall stage in the city’s Public Auditorium on March 5, 2024, it was hard not to lose your place on the continuum of past, present and future.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content