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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

For example, the nature of the market may vary depending on whether the requirement can be sourced from multiple suppliers, a single supplier , or just a few suppliers. From a supplier perspective, this competition may determine whether the procurement process involves full competition , limited competition , or a single source.

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Innovation procurement under the Procurement Act 2023 -- changing procurement culture on the cheap?

How to Crack a Nut

On 13 November 2023, the UK Government published guidance setting out its ambitions for innovation procurement under the new Procurement Act 2023 (not yet in force, of which you can read a summary here). This further expands on the ambitions underpinning the Transforming Public Procurement project that started after Brexit. 94 PA 2023).

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Smarter collaboration: How Mexico City delivers major projects through inclusive planning

Open Contracting Partnership

Mexico City has devised an efficient, participatory, and transparent approach to seek input from potential suppliers and the public on draft contracting documents before a formal call to tender is announced. There are several benefits to this transparent discussion. It all starts with procurement.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

By integrating the EIC’s functionalities in their procurement practices, organizations can dramatically accelerate sustainability agendas with reliable emissions data for all the direct and indirect products and services they acquire, and establish transparent reporting standards.

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Wheelie good procurement: How Mexico City halved costs and improved its bike share scheme

Open Contracting Partnership

In its search for commercial partners, the city needed to promote competition in a concentrated marketplace, learn more about the latest bike share technology and innovations, and provide better and expanded service at the same or lower budget. Download our infographic to get all the results at a glance. And read the full story here.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. The G-Cloud initiative in the UK provides a framework for public sector organizations to easily and cost-effectively procure cloud computing services.

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Supplier Motivation, A Key Component of Supplier Management

ivalua

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. They miss the huge opportunity of co-innovating with these businesses, especially startups, by failing to take a differentiated approach. What are they transparent about?