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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

And even in governments, there is a growing cadre of public servants who see opportunities being presented by digital technology and are looking to drive dramatic change. For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

But beyond the financial rewards, what does your business stand to gain from getting involved in public procurement with the government? And how can you stand apart from the competition to win government procurement contracts in the first place? The popularity of government procurement contracts has persisted ever since.

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EBA Guidelines – A Call to Action for Banking Sector Procurement?

ivalua

A form arrived on my desk that required us to list some key contracts – I’m not even sure where it came from, to be honest. Why did these outsiders want to know about our key strategic suppliers? . This is sensible advice, and really, it could apply to almost every organisation, type and category of Procurement I can imagine.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

This new way of managing contracts can fundamentally change the relationship of parties involved in public procurement. Traditional public procurement is often adversarial between public buyers and suppliers, with each side aiming to maximize its own benefit through strict rules for protection.

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The Benefits of AI in Procurement

Oxford College of Procurement and Supply

With the vast amounts of external data that AI has access to, it can provide more information in real-time, which procurement teams can use to facilitate and improve their decision-making. When presented with properly organised databases, AI can provide powerful predictive analysis and projections based on historical data.

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Digital Procurement – Pack your bag, you are going on a journey

ivalua

Sylvie Noel CPO, Covéa talks about how people used to complain about the Procurement Black Tunnel and both Deutsche Telekom and Maxim Healthcare had so many issues getting users and/or suppliers onboard with previous solutions that they ended up moving to Ivalua to help them with user/supplier engagement.

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Contractors find some ‘buying forecasts’ better than others

Federal News Network

Ultimately, the procuring contracting officer has to make the present responsibility determination before awarding the contract. So a good forecast not only helps the companies that are already in play here, it helps other companies say yeah, we might have something to bring into bear there.