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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

In his article “ The Future of Public Infrastructure is Digital “, Bill Gates envisions a world where infrastructure is smarter, more efficient, and digitally integrated. This vision aligns with the aspirations of many governments: leveraging technology to enhance public services , reduce costs, and promote sustainability.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Start by developing a strategic plan that aligns procurement goals with your organization’s overall objectives. Your procurement strategy should outline short-term and long-term goals, identify potential risks, and focus on building strong supplier relationships.

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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%

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Broadly, procurement analytics can be classified into three categories: Descriptive Analytics: Analyzes historical data to understand past procurement performance (e.g.

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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? Procurement and supply chain teams will play a crucial role in making this vision a reality.

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How Certified Procurement Professionals Drive Efficiency in Supply Chain Management

The Procurement School

P rocurement, a critical component of supply chain management, is transforming, driven by the expertise of certified procurement professionals. Armed with a Public Procurement Certificate , these individuals bring a new level of efficiency and strategic insight to the field.

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Sustainable and Circular Procurement Practices in Public Sector Procurement

Tracker Intelligence

Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. The following blog will provide a more detailed exploration of creating sustainable procurement strategy, their benefits and challenges during implementation.