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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.
We recently chatted with seasoned procurement pros at our OntarioTalk event, and they had some great compliance advice that applies to all jurisdictions. Lawrence College Luca Del Grosso , Manager of Procurement at Technical Standards and Safety Authority They all shared their experiences and what worked well in their agencies.
Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. These public procurement principles allow businesses of all sizes to participate equitably, protect the integrity of taxpayer money, and encourage competition and efficiency.
Malmö, Sweden 9 September, 2020 – Stretch Procurement, a leading Scandinavian consulting company, today announced a partnership with Ivalua, a leading provider of global Spend Management Cloud solutions. The Ivalua platform offers unique value, allowing customers to manage all categories of spend on a single platform.
What’s more, PwC found that the average investment in riskmanagement among MENA companies was $1.5 Enter eProcurement. These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more.
Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions.
What will the new year bring for public sector procurement at the city and county level? Taking steps to modernize procurement systems will increase approval rates, and processes enabled by right-fit technology also enable higher levels of value creation through increased visibility, analytical capabilities and results.
Last week, the Ivalua team attended an interesting CPO Round Table organized by the CIPS MENA in Dubai on the theme “Enabling Smart Procurement Today.” Today, they are tackling new priorities like riskmanagement, supplier compliance, actionable insights. Making Insights Actionable.
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