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Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency).

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Alteia and the World Bank assess and enhance road infrastructure data quality at scale using AWS

AWS Public Sector

Photo credit: World Bank Transport Team 2) Road infrastructures connect households to higher quality opportunities for employment, healthcare and education. With 189 member countries, the World Bank is the largest multilateral development bank globally with a mission to reduce poverty and increase shared prosperity in a sustainable way.

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Technology’s role in sustainability: Takeaways from the AWS Sustainability Breakfast Briefing

AWS Public Sector

There is increased recognition that sustainability cannot be a siloed business unit within an organisation. The main takeaway is that sustainability transformation takes time – but every step along the journey can be meaningful. This blog post provides a recap of the highlights from the sustainability briefing.

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

Inter-American Development Bank

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. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.

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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.

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Higher education utilizes cloud and student engagement to drive sustainability improvements

AWS Public Sector

Sustainability is becoming a priority topic across public sector organizations. As Amazon Web Services (AWS) customers and education industry experts highlighted earlier this year in the “ Innovation drivers in higher education ” report, student demand for comprehensive sustainability strategies is a key factor in driving this change.

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

American City & Country

Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts. By working closely with suppliers, organizations can ensure quality, on-time deliveries, and mutually beneficial partnerships.