Future Trends in Government Procurement
Over the years, government procurement has undergone significant changes, with new trends emerging that are reshaping the way governments buy goods and services.
One of the most notable trends in government procurement is the shift towards digital procurement. Governments are increasingly leveraging technology to streamline the procurement process, reduce costs, and improve transparency. Online procurement portals, e-auctions, ...
Making Your Own Export Platform?
If you are building your own export platform, sourcing, organising and analysing your data has its challenges. Here are some of the most common challenges we see:
Finding The Right Data.
Bid teams' time is valuable, and poor information can make the difference between a useful product or not. It's common to have questions around potential sources of ...
Tackling Modern Slavery in Supply Chains – Guidance
On 26 March 2020, the UK became the first country to publish a Government Modern Slavery Statement, setting out the steps government was taking to identify and prevent modern slavery in its own supply chains.
In November 2021, Ministerial departments published their own annual modern slavery statements, setting out the steps they’ve taken to address modern slavery ...
Securing The Competitive Edge.
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Do you want to help your in-country teams build more partnerships within their territories?
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We are your key to a $13 trillion government procurement market.
🌍Bulk Data: We have millions of points of Tender data, Contracts ...
The Benefits of Data Tech 101
Government procurement, the process by which government entities purchase goods, services and works from private businesses, is being revolutionised by the integration of data technology. The increase in data analytics and digital platforms is making government procurement around the world progressively more efficient, transparent and cost-effective. The implementation of data technology in government procurement is beginning ...
EU Awards New Gas Aggregation Contract
In December 2022, EU energy ministers agreed to create a platform for the collective demand aggregation and joint procurement of gas, with a goal of providing up to 15% of gas, to fill each member country's storage facilities up to 90% of capacity.
The platform will allow gas companies to contract either jointly or individually.
This week, the ...
Does Procurement Need Blockchain?
Blockchain is fundamentally a database, but rather than a database where one item is allowed to replace another, each change to the data is added as new record that is then chained to other records using a complex algorithm.
These records are then distributed across multiple instances, so the records aren't held in a central database but ...
Mixing Politics & Procurement.
The need for administrations to act at pace is often at odds with the processes and procedures needed for good procurement.
If an administration wants to send a man to the moon, vaccinate a population or just build a bridge across a river, they don't want to have to draft a specification, engage the market, redraft the ...
Improve Your Exporting With Government Data
Government procurement data can be a valuable resource for export agencies looking to expand their business and identify new opportunities in foreign markets. By understanding the types of goods and services that various government agencies are purchasing, export agencies can gain insight into the needs and preferences of different countries and tailor their offerings accordingly.
One way ...
Waiting For A Tsunami Of Text
In a world where text can be generated by an algorithm for negligible costs, we have to rethink how we value the written word. In procurement, the effort required to create written texts has become a proxy for validity. That is changing, in a world where Chat-GTP is the dunce in the room, ie. 2025, there ...
Cleaning Up On Cleaning Contracts
Canberra, in the Australian Capital Territory, is home to the nations houses of parliament and a large swathe of public sector. Transparency of public procurement has become an issue in the state in recent years. In fact, last March the ACT public sector Integrity Commissioner Michael Adams, told a Legislative Assembly committee that procurement issues are ...
New Procurement Bill Progresses Through Parliament
The proposed new Procurement Bill passed its second reading without division in the House of Commons yesterday, with the Government proposing the new bill will make it easier for small businesses to win more of the £300billion of goods, services and works that the government buys each year.
The Government first laid out its reform proposals in ...
How Government Procurement Data Can Help Export Agencies
Government procurement data, the information on what goods and services government entities purchase in different markets, is an extremely valuable, and often underused tool for the export industry. Government data can help identify and open new markets, and help businesses compete more effectively, in international government procurement markets.
Identifying New Markets
By understanding what goods and services are ...
Government On Covid 19 Contracts
The government has published a document, providing further information about the procurement of critical testing equipment and services during the early months of the coronavirus (COVID-19) pandemic in 2020.The document outlines the challenges of the situation for procurement:
"The exceptional circumstances in the early months of the pandemic meant there was significant global demand for testing goods ...
Global Analysis: Less Is Less
Analysing 7.5 million tender documents published by governments around the world has revealed a worrying trend of publishers providing less data for potential bidders. On average, the number of tender notices that have descriptions with fewer than 250 characters has increased from 31% in 2019 to 45% in 2022.
This trend of using shorter descriptions in tender ...