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Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.
And then just this month, Meet Buyer North took place in Aberdeen where the Supplier Development Programme and headline partners, Scotland Excel, hosted the seventh annual Meet the Buyer North. The eProcurement Future Systems programme is moving forward with its initial phase. A really good and enjoyable event.
Here we have listed out few insights about e tendering business that can help you make the right bid. Most government institutions have a Supplier Database and it is important to get yourself registered in the respective portals to secure a free and fair chance to bid.
If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. eProcurement is appealing because it can help agencies move the needle on strategic goals, including project efficiency, stakeholder collaboration, and vendor engagement.
Only about 20 percent of the total procurement data is readily available and searchable at the EU level through the Tenders Electronic Daily (TED) portal. This data is transformed into the eProcurement Ontology (ePO) and sorted in the PPDS Knowledge Graphs, which is at the center of the diagram. Architectural diagram of the PPDS.
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