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Cal Poly seeks to transform procurement process with generative AI-powered scope of work generation

AWS Public Sector

In todays complex procurement landscape, creating comprehensive and accurate statements of work scopes can present a challenge for university procurement teams. Without standardized tools, this process creates additional workload burden and potential delays in the procurement process. The scale of this challenge is substantial.

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Project Management Consultancy Tenders

Tracker Intelligence

Introduction to Project Management Consultancy Tenders In today’s ever-changing business landscape project management consultancy tenders have become more and more important. Winning these strategic projects and tenders not only gives a consultancy a reliable source of income but also a market credibility and portfolio.

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How Lithuania fast-tracked green procurement

Open Contracting Partnership

Challenge : In 2020, only 5% of Lithuania’s public procurement spending by value used green criteria that favor environmentally friendly products and services. Results : Levels of green procurement uptake across Lithuanian public institutions have increased to 94% by value and 93% by total procedures as of 1 December 2023.

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

ivalua

For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. That requires extraordinary work internally and co-ordination with key suppliers. The related objective for that firm is that no less than 70% of those new products should come from supplier-generated ideas. .

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5 Steps Towards Modernizing Supplier Management

ivalua

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

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3 Ways Procurement Can Help Grow Revenues (Part 2)

ivalua

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Unlocking Supplier-Led Innovation. As organizations become increasingly dependent on suppliers, the potential value continues to increase.

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Top strategies for procurement to help support revenue growth

ivalua

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.