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Today marks the publication of the updated Scottish Government ProcurementStrategy 2025-2028. It is closely aligned with the road map and vision for public procurement as laid out within the Public ProcurementStrategy for Scotland and sets out how we will deliver on our priorities and maximise the impact of our procurement spend.
Throughout the evolution of project and public procurement management, terms and expressions in the field have increasingly been used interchangeably. Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies.
In his article “ The Future of Public Infrastructure is Digital “, Bill Gates envisions a world where infrastructure is smarter, more efficient, and digitally integrated. However, one critical element often overlooked in these discussions is public procurement.
In today’s fast-paced and budget-conscious public sector environment, efficientprocurement practices are more crucial than ever. Let’s explore what cooperative purchasing entails and delve into the myriad ways it can revolutionize public sector procurement. What is Cooperative Purchasing?
When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance.
Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. As theOpen Contracting Partnership, we support transformational procurement reforms in over 50 countries. How can the Bank leverage this opportunity?
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public 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.
Collaborative procurementstrategies have emerged as a powerful tool for driving efficiency, cost savings, and impactful outcomes. We've covered examples of collaborative procurementstrategies previously, in the construction industry, and with European joint ammunition procurement.
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | ProcurementStrategy 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.
Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management.
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.
This article explores practical approaches to streamline public sector procurement processes and focuses on increasing participation from Small and Medium-sized Enterprises (SMEs). The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more public procurements.
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Such access is in the public interest because it promotes efficiency and realism.
Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.
Public procurement should be all about people. That’s why we are leading our new strategy with a bold ambition that puts people right at the center of our work and impact. Public procurement covers $13 trillion of spending every year, one in every three dollars spent by our governments. Our world runs on public contracts.
Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Such access is in the public interest because it promotes efficiency and realism.
We also provide tips for accelerating procurement and maintaining visibility over rapidly implemented workloads. The DHHS team knew a traditional procurementstrategy would be too slow to deliver the new system on time. In this post, we share examples of innovation from New Mexico and North Carolina.
Bill Mertz Chief Procurement Officer, Peraton Bill Mertz is responsible for all aspects of the companys procurement organization, including supply chain operations, strategic sourcing and subcontractor management.
But despite this advancement, many organizations still procure resources using methods suited for on-premises data centers, not cloud solutions. To fully harness the cloud’s potential, organizations should shift their mindset and adopt procurement processes that let them successfully evaluate options and choose the best solution.
In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. By leveraging blockchain’s capabilities, these entities can significantly mitigate corruption risks, streamline operations, and foster a more transparent procurement environment.
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 procurementstrategy, their benefits and challenges during implementation.
A big challenge in public sector procurement is being able to attract and retain competent staffing. A frequent conversation, within senior leadership circles – will we be better positioned if we outsource our procurement services? Outsourcing the procurement expertise is a growing option for smaller entities to consider.
Public procurement these days is not just about acquiring goods and public services at low costs. Let us have a closer look at how social value is revolutionising procurement and paving the way for meaningful community impact and environmental benefits. What Is Social Value In Public Procurement?
Mandy Walter-Beam, Two Six Technologies As vice president of contracts and procurement at Two Six Technologies, Mandy Walter-Beam helps to shape the company’s strategic direction, foster growth and lead the complex world of compliance in government contracting. One that makes sense for the business vs one that is JUST compliant.
As 2023 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 sector’s 2023 achievements. You can watch the video below, or read the transcript at the bottom of the page.
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.
Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. One of the early objectives of Procurement was to optimize tail supplier management. Provide a consumer-like experience for procurement stakeholders.
As these systems begin to play a more important role, the government needs to uncover the risks associated with using artificial intelligence in procurement, and what steps need to be taken to manage these risks effectively. The UK Cabinet Office published the Procurement Policy Note (PPN 02/24). What is PPN 02/24?
Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement.
With so much money in play, it should be unsurprising that government procurement attracts so much interest. But beyond the financial rewards, what does your business stand to gain from getting involved in public procurement with the government? The popularity of government procurement contracts has persisted ever since.
The National Health Service (NHS) has been running a centralised model for health care procurement in England for a few years now. This brief written submission responds to the call for evidence issued by the Public Accounts Committee in relation to its Inquiry “NHS Supply Chain and efficiencies in procurement”.
Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. View Webinar Replay. More on that here.
Photo credit: Flickr While carrying out research on the impact of digital technologies for public procurement governance, I have realised that the deployment of artificial intelligence to promote sustainability through public procurement holds some promise.
E-invoicing Mandate | France 2024 March 27, 2023 | | ProcurementStrategy 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?
Scottish Procurement and Property Directorate’s National Collaborative Procurement Division (NCPD) administers the Scottish national collaborative frameworks and contracts for the whole of the Scottish Public Sector, as well as agreements that can be accessed by central government organisations of the Scottish Government.
By: Lawson Products In today’s fast-paced world, efficientprocurement is crucial for any entity. As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. What is Lawson Vendor Managed Inventory?
Join us on November 20-21 as we dive into the future of the Federal procurement system post-election. Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for procurement policy and the Federal Acquisition Regulation (FAR)?
It empowers individuals, improves the efficiency of service providers, and provides a significant contribution in the battle to end homelessness. Available on AWS Marketplace Public sector organizations need to balance extensive regulatory and compliance obligations with cost-effective procurementstrategies.
What Will Impact Procurement Processes in 2021? In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021.
As 2023 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 sector’s 2023 achievements. You can watch the video below, or read the transcript at the bottom of the page.
At The Coalition for Government Procurement, we are grateful for their service and the freedoms that veterans have protected for us all. Join us on November 20-21 as we dive into the future of the Federal procurement system post-election. What’s next for procurement policy and the Federal Acquisition Regulation (FAR)?
The procurement practice of Axbility Consulting is one of the leading team of the market with 40 high-level experts dedicated to the maturity, the agility and the performance of the procurement function: – Develop the agility of procurement organizations in connection with Category Management.
It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.
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