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The Green Paper on Transforming Public Procurement represents a radical change to the UK procurement laws which promises consolidation of the current public procurement framework, greater flexibility in the procurement process and award criteria and increased transparency. When Will This Come Into Effect?
A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. The adoption of an eSourcing tool is the best I’ve ever seen in my career.”
A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. The adoption of an eSourcing tool is the best I’ve ever seen in my career.”
Ivalua recently hosted a webinar to hear from procurement leaders about how eProcurement solutions can transform historically lengthy and manual processes, enabling governmental organizations to pivot quickly and adapt in times of crisis while, at the same time, providing long-term benefits. “In On Upcoming Trends.
Aside from mitigating risk and saving organizations money, Procurementteams have an opportunity to add value by working closely with suppliers to reduce carbon emissions while ensuring supply chain continuity through diversity and proper forecasting. You can watch the full webinar with Ardent Partners here. .
If the amount is over the threshold, sourcing is led by the procurementteam, whether through a public bid, NOI, or limited tendering option. Going forward, the agencies that use a patchwork approach are working towards adopting a single tool that will streamline their processes and support procurement success.
To help you navigate these opportunities and challenges, we reached out to two expert panelists: Joel Neavell , Director of Procurement for the Louisville Metro Government , and Ken Hillebrand , Deputy Director of the Louisville Accelerator Team.
This prompted the procurementteam to dig deeper and figure out what that barrier was, and why it was difficult for these businesses to get bonding. These experts are well-equipped with the knowledge and skills needed to navigate the intricacies of procurement processes.
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. To maintain its upward trajectory, procurement must now show that it remains relevant as corporate priorities shift to restoring growth.
80% of webinar attendees indicated that their organizations have implemented, or are in the process of implementing, rate increases. But the truth is, making a strategic investment in procurement and sourcing can stretch dollars further and help uncover new supplier partners who ensure you’re getting the most value for the money you spend.
Imagine a competent procurement officer surrounded by a myriad of daunting problems, including legislative procurement compliance solutions, inefficiency, and even the risk of fraudulent activity. This article will focus on tackling challenges in the public procurement process and suggests practical solutions for these challenges.
Her commitment to balanced and thoughtful acquisition policy has set a standard for integrity and innovation in Federal procurement, and her transparent approach has fostered trust and collaboration among industry partners and stakeholders. Federal agencies that provides transparency into how Federal agencies are using AI.
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