Tracker Intelligence

NOVEMBER 20, 2024

Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management.

Efficiency 52

Efficiency Data Procurement Supply Chain 52

The Coalition for Government Procurement

JUNE 21, 2024

Just last month, at the Coalition’s Spring Training Conference, a panel of government and industry practitioners engaged in a fascinating discussion on how AI supports agency procurement operations. At the same time, current experience raises important policy considerations and questions for stakeholders across the procurement community.

Transparency 64

Transparency Data Procurement Management 64

Oxford College of Procurement and Supply

JULY 28, 2023

Quality Improvements By reducing and automating manual tasks, AI helps to ensure consistent standards of quality by limiting the risk of error. AI is capable of improving quality throughout the entire supply chain, from procurement to supplier relations and more.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

ivalua

MARCH 31, 2020

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. Lack of system integrations and actionable insights are stopping organisations from accurately measuring performance . on time payments) and spend visibility.

Procurement 52

Procurement Supply Chain Procurement Team Supplier 52

Scottish Government Procurement

JUNE 24, 2024

Early development work on the re-let has commenced and a Prior Information Note (PIN) will be issued shortly which will include a Request for Information (RFI) to gain views from the market and stakeholders, to inform our Procurement Strategy. The DPS is available to all Scottish public bodies including third sector bodies.

Collaboration 67

Collaboration E-catalogue Framework Agreement E-procurement 67

ivalua

AUGUST 11, 2021

So today, many leading Procurement organizations look beyond cost factors to make decisions based on quality, reliability, innovation and social and environmental practices. In a report produced recently by Procurious, Procurements leaders reported benefits in supplier collaboration, sales, brand perception and product/service quality.

Supply Chain 52

Supply Chain Supplier Ethics Sustainability 52

Open Contracting Partnership

MARCH 5, 2024

It is an underfunded, paper-based government chore: we want to turn procurement into a smart, user-friendly, digital public service. We want to unlock its power to improve economic inclusion and sustainability, rebuild integrity and trust, and deliver the quality public services that we all deserve.

Procurement 89

Procurement E-procurement Public Procurement Sustainability 89

Oxford College of Procurement and Supply

MAY 28, 2024

In this situation a supplier may seek to take advantage and price above the average or reduce quality. Integrating models like the Kraljic Model enhances this understanding, facilitating long-term strategic partnerships beneficial to both parties. Ready to deepen your procurement expertise?

Supplier 59

Supplier Supply Chain Procurement Accountability 59

The Coalition for Government Procurement

NOVEMBER 7, 2024

Under the Rule of Two, unless an exception applies, “an agency must set aside the award for small businesses where there is a reasonable expectation of receiving offers from two or more small-business contract holders under the multiple-award contract that are competitive in terms of price, quality, and delivery.”

Logistics 52

Logistics E-procurement Supply Chain Procurement 52

Inter-American Development Bank

MARCH 7, 2023

Given the magnitude of the resources required, there are three possible courses of action: redirecting existing resources towards new resilient and low-carbon investment priorities; improving the quality of investments; and achieving greater mobilization of public and private resources.

Finance 52

Finance Price Sustainability Capacity 52

ivalua

JANUARY 31, 2022

The average procurement department’s overall data aptitude is increasing, but most organizations classify themselves as novices and only occasionally use data to drive actual strategies. Data quality and access will need to be front and center in all procurement strategy and sourcing decisions. #6.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

MARCH 9, 2023

The Benefits of Source-to-Pay The market for S2P has evolved significantly in recent years, becoming an essential component of procurement strategy for most companies. There is huge value in a tightly integrated S2P process where data can easily be updated, workflows are linked together, analytics span across process areas, etc.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

The Procurement School

OCTOBER 22, 2024

Additionally, a simplistic risk transfer strategy may reduce market interest, and the number of bids submitted. Thankfully, there are methods that encourage procurement simplification and SME participation while maintaining a balance between risk, quality, and standards.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

Tracker Intelligence

NOVEMBER 14, 2024

Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.

Sustainability 52

Sustainability Procurement Supply Chain E-procurement 52