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The terms ‘procurement’ and ‘purchasing’ are so close together in meaning that they’re often used interchangeably. In many business fields and industries, this might be perfectly ok, but the public sector is different. Semantics count in the public sector, where the difference is slight but distinct.  For instance: Purchasing is

Public procurement (also government procurement) has come a long way since spreadsheets and journals. First, procurement processes went digital, with procurement management software that saved contracting authorities an enormous amount of time and money. Then the cloud came along and with it new contract award decision-making thanks to eSourcing, eProcurement,

Operating in the public sector can be very rewarding, but it can also be very challenging.  It’s governed by strict rules, a plethora of public contracts regulations, and a brand new Public Procurement Bill. Buyers must operate within these confines by clever use of tender, supplier, and contract management. This

Public sector procurement is opening up to encourage SMEs to play a more active role in the economy. Processes are being simplified and lower-value contracts are increasingly available. One of the ways the government has made it easier for SMEs to enter the public sector market is by providing easy-to-use

Market analytics measures various steps in the procurement process to determine their effectiveness. It’s important in the private and public sectors because it provides insights that go beyond just identifying supply chain strengths and weaknesses. It provides in-depth analysis that is essential to successful supply chain risk management. For instance,

In 2012, the UK government launched the G-Cloud procurement framework. It was designed to simplify public sector procurement, shorten the selection timeframe, and encourage SMEs to enter the public procurement marketplace. It’s been pretty successful because over 90% of suppliers using the G-Cloud platform are SMEs. In fact, 72% of

Innovation is essential if you want to gain a competitive advantage in the public sector, where every edge is necessary to gain the attention of procurement buyers and contracting authorities. But did you know that the public sector can actually drive innovation? It can create the very thing it needs

The global village connects more people from around the world than ever before. In theory, everyone in the world can communicate with anyone else in the world. Of course, connections apply to the global market, with suppliers in Brazil able to win contracts published by the UK’s public sector. The

Market analytics is the process of collecting, analyzing, and interpreting data about the market in order to make informed decisions. It can be used to improve the procurement process in a number of ways, including: Identifying new suppliers and products Comparing prices and quality Negotiating better contracts Managing risk Making

Low-value contracts are public sector tenders that fall below threshold* – the amount at which procurement contracts must be published on digital platforms. The UK government is pushing for more low-value contracts to encourage SMEs to join the public sector and take advantage of government tenders that are far simpler

The Public Procurement Bill is scheduled to come into effect in October 2024. This gives those who work with government bodies in the public sector plenty of time to learn the ins and outs of the new legislation. To aid this process, government departments will give public procurement buyers and

G Cloud 13 is the latest iteration of the UK Government’s digital procurement framework. It is designed to make it easier for public sector organisations to buy cloud-based computing services from accredited suppliers. This article provides a comprehensive overview of G Cloud 13, including: What it is and how it