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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 tender process is an important part of business, and organisations must get it right.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

Bridging the digital divide: Implementing open procurement for effective digital transformation Digital transformation is arguably the most important administrative undertaking of governments around the world. There is research to show that every additional tenderer leads to a price reduction.

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Seven Steps To More Transparent Sourcing

Procureware

Most procurement software projects are focused on efficiency; however, transparency needs to have equal attention. Trust is the cornerstone of procurement and transparency builds trust. Making this information available to the public provides another level of transparency and emphasizes that the tender is open and fair.

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Transparency with Purpose – Public Sector Procurement

ivalua

Procurement transparency exists within the public sector because it is required by law. And yet, not all transparency is equally effective. Suppliers need bidding and contract transparency. The public needs spend and supplier selection transparency.

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Meaning, AI, and procurement -- some thoughts

How to Crack a Nut

Here I take a relatively pedestrian and pragmatic approach and, following the Cambridge dictionary , consider two ways in which ‘meaning’ is understood in plain English: ‘the meaning of something is what it expresses or represents’, and meaning as ‘importance or value’. This will be important later on. The similarity score is 0.857.

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Key guidance notes released in build up to Procurement Act 2023

VWV

This guidance note sets out the process for directly awarding a contract under the Act plus information on the new Transparency Notice and standstill period which will be mandatory for most direct awards. Direct Award - Whilst there are some new grounds for direct awards, the main changes relate to the process.

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

ivalua

In light of existing rules, vendors can deter competition by driving prices down in competitive tenders. There is quite a substantial effort to participate in a public tender process, so most vendors have a limit to how many unsuccessful tenders they are willing to respond to before giving up.