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eProcurement solutions are helping government agencies not only overcome those challenges but create new efficiencies never before possible, manage spend more effectively and deliver more value to the public. The post Highlighting the Impact of eProcurement in the Public Sector appeared first on Ivalua. On Upcoming Trends.
No collaboration: ERP systems don’t provide support for collaborative procurement, making it difficult for procurement or evaluation teams to work together. Purpose-built procurement software provides a platform for collaboration, helping procurementteams achieve better and faster results.
MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Cut off from these importantimports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Enter eProcurement.
Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. Before joining the team, I was a consulting engineer for a small firm and part of my job was submitting RFX responses to the public sector. Driving impact with eProcurement. What’s next?
If the amount is over the threshold, sourcing is led by the procurementteam, whether through a public bid, NOI, or limited tendering option. Going forward, the agencies that use a patchwork approach are working towards adopting a single tool that will streamline their processes and support procurement success.
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. ProcurementTeams Step-up. Help staff sell procurement’s value during recovery.
Access to this data is especially important when there are supply chain disruptions , such as those caused by the global pandemic. This highly automated approach, Jones suggested, is the future of Procurement and will enable organizations to be much more resilient and agile, especially in times of crisis.
The most common thing preventing procurementteams from creating these initiatives is not having a starting point. Gather, store, and use your data One critical piece of any procurement department is a system to collect vendor diversity data. So you want to create a vendor diversity program. Where do you start?
Today, procurement leaders have a seat at the table in e-staff meetings. Procurementteams were just buyers who delivered what other departments told them to buy. Organizations viewed procurement as the bottleneck between what they wanted and when they received it. So, heightened intuition is extremely important.
And then in August, Mr McKee, the Minister for Public Finance, visited Dovetail Enterprises to hear about the important role supported businesses continue to play in boosting the Scottish economy through delivering goods and services, and providing meaningful employment, training and support, for those of us who may otherwise be excluded.
Seeking to light the way on the journey, Procurement Leaders, Covéa and Ivalua joined forces on a recent webinar to inspire Procurement leaders as they boldly go where few Procurementteams have gone before. We won’t force you to choose either supplier management, or source to contract, or procure to pay.
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