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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

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What is Cooperative Purchasing & How Does it Benefit Public Sector Procurement?

American City & Country

Cooperative purchasing , by combining the needs of many agencies, not only lowers costs but also improves access to quality products and services, simplifies procurement processes, and ensures compliance with regulations. What is Cooperative Purchasing? Other agencies can also use the contract with competitive pricing and terms.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted.

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Ivalua Supports the Digitalization of Tchibo’s Indirect Purchasing Process with its Source-to-Contract Solution

ivalua

Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Ivalua is a leading provider of cloud-based Spend Management software.

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Public Safety Starts with Smart Procurement

American City & Country

From acquiring security staff and surveillance technology to event-specific safety gear, having a well-coordinated procurement plan is essential for effective crowd and event management. With OMNIA Partners, procurement teams have access to a portfolio of suppliers who provide quality, compliance, and reliability.

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

New suppliers are entering the market and bidding more actively too. The number of suppliers per buyer increased from 8.0 The total value of purchases during this period increased by 160%, reaching 12.37 billion) 3 , while the value of single-source purchases remained more or less stable (see Figure 2). in 2021 to 4.2

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Saving the planet through procurement: Governments are identifying ways to use purchasing to achieve and support sustainability goals

American City & Country

This report encouraged governments big and small to improve the “environment content” of their purchasing policies. As environmental issues have become more important to governments and administrations within the last few decades, it has gotten easier to identify ways to leverage purchasing to support these goals.