Tracker Intelligence

FEBRUARY 22, 2025

Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

Procureware

APRIL 12, 2019

Most procurement software projects are focused on efficiency; however, transparency needs to have equal attention. Trust is the cornerstone of procurement and transparency builds trust. Step 1: Post Solicitations Online Public notification of bid opportunities is a cornerstone of public procurement in most developed countries.

Transparency 40

Transparency Bidding Bidder Tender 40

Bonfire

MARCH 29, 2022

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. We also discussed the strategy of reverse auctions in which suppliers compete to offer the lowest price possible. The end goal is to drive purchase prices down for the buyer.

Procurement 52

Procurement Eprocurement Purchasing Participation 52