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Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | ProcurementStrategy by Sara Omer What is the Saudi Vision 2030 Program? The Procurement function is a vital part of the program and can have a significant impact on its success.
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.
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.
In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021. Procurement has a big role to play here.
To contribute to this progress, the Bank has just published the study Fiscal Policy for Resilience and Decarbonization: Contributions to Policy Dialogue (in Spanish), which presents a series of potentially useful policy options for decision makers. The following is a summary of the main opportunities found in this new publication.
During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead.
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.
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.”
A wave of recent changes in federal and state law pertaining to PFAS chemicals is likely to present both immediate and long-term challenges to the government contracting community. Also included within the Administration’s notion of sustainable procurement, however, is prioritizing the procurement of PFAS-free products.
For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. In this blog post, well explore in detail the impact of US tariffs on UK supply chains and outline actionable steps procurement teams can take to adapt.
Now we play a major role in this to our programmes of work on our National Collaborative Procurement, Commercial Value for Money programmes and the Single Scottish Estate programme, making a real efficiency and securingsavings for the public sector. One of the main changes we discussed as a group was around widening representation.
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