by Nyree McKenzie | Dec 6, 2020 | Best Practice, News, Trends
Procurement reform is happening all over the world, and the widespread adoption of open contract data is going to change the competitive landscape to create a more level playing field. Openly published opportunities and contract information will see companies of all...
by Nyree McKenzie | Jul 2, 2020 | Legislation, Trends
These are not normal times in procurement when there’s no competitive bidding or vetting process. Governments have acted quickly with an unprecedented outlay of fiscal spending to respond to the immediate effects of the COVID-19 crisis. But it hasn’t all gone to...
by Nyree McKenzie | Mar 16, 2020 | Trends
If bid teams are on the brink of a bidding surge, how quick will companies be able to adapt to such a climate where social distancing is enforced, unified digital collaboration is vital, and risk of burnout needs to be managed and monitored? The Coronavirus (COVID-19)...
by Nyree McKenzie | Jan 15, 2020 | Trends
The need to win work through the formal bidding and tendering process has become essential to corporate survival. It’s now the most preferred method to procure public goods and services globally, making up 12 per cent of GDP (USD 9.5 trillion). The private sector is...
by Nyree McKenzie | Aug 21, 2019 | Trends
Governments and commercial procurement departments around the world are introducing thresholds and policies to achieve non-discrimination in their supply chain contracting. Many are still are not meeting those targets. There’s a complex set of factors at play to...
by Nyree McKenzie | Jul 5, 2019 | Trends
If you’re confused by the various terms used by bid, proposal and tender professionals, and the equally confusing list of acronyms related to procurement process you’re not alone. The various acronyms used in the procurement process has a lot to do around the buyer’s...