Remove Import Remove Supplier Remove Tender
article thumbnail

Understanding the new Procurement Act 2023: What suppliers need to know - Part 2

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. In Part 1 of our FAQs for suppliers , we covered key changes to the procurement process and what suppliers can do to get ready for the Procurement Act.

article thumbnail

Preparing for the central digital platform: Key updates, supplier actions, and data protection insights under the Procurement Act

VWV

With the Procurement Act 2023 set to go live on 24 February 2025, the Cabinet Office has been releasing guidance notes to help both contracting authorities and suppliers prepare. As part of the reforms, the current Find a Tender system will be improved to create a Central Digital Platform. Economic and financial standing.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Friends not Foes, Supplier Relationships Made to Last

ivalua

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .

article thumbnail

Project Management Consultancy Tenders

Tracker Intelligence

Introduction to Project Management Consultancy Tenders In today’s ever-changing business landscape project management consultancy tenders have become more and more important. Participating in this competitive market requires strategic insight, as well as a deep comprehension of the tendering procedures.

article thumbnail

The Tender Process: Will the Future of Tendering Be Shaped by Gen Zs?

Tracker Intelligence

This means that the tender process will have to be streamlined and efficient if it’s going to appeal to Gen Zs. The tender process is an important part of business, and Gen Zs will likely have a big impact on its future. The process then invites suppliers to submit sealed bids for the supply of goods or services.

Tender 52
article thumbnail

Did you use AI to write this tender? What? Just asking! -- Also, how will you use AI to deliver this contract?

How to Crack a Nut

Second, there is the issue of tenderers using (generative) AI to write or design their tenders. Where AI is likely to be used in the delivery of a service, commercial teams may wish to require suppliers to declare this, and provide further details. Slightly simplifying, there are three broad areas of AI-procurement interaction.

Tender 72
article thumbnail

Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Engage with the market and make contract opportunities attractive to more suppliers Alongside investment in domestic country systems, the World Bank can strengthen its own procurement, through the stronger use of strategic procurement plans for each project. This limits its utility and efficiency for both the Bank and its clients.