Leveraging Government Procurement Data For Trade Associations
Government procurement data can serve as a goldmine of insights for trade associations, enabling them to advocate more effectively on behalf of their members, provide opportunities for members to take advantage of the $13trn (USD) government procurement market, and drive positive change within their sectors. Here are four ways in which trade associations can tap into ...
Does Procurement Data Really Matter?
It's well accepted that efficient procurement leads to cost savings, better strategic decision-making and can contribute to overall business growth. But less focus is given to the fact that in order to achieve excellence in procurement, a foundation of good procurement data is essential.
Here are eight reasons why quality data is critical to transformational procurement.
1. Informed ...
Why Good Data Matters.
Not all data is the same. It might have come from the same source, but how it gets treated is vital. If a data company doesn't have good data hygiene practices things can get messy very quickly, making it hard to understand the data or undermining your valuable analysis.
These are our rules for ensuring data integrity:
...
Why Good Data Matters More Than Ever
Governments spend a lot.
How we spend this money is important for a whole slew of reasons.
We often overlook how effectively procurement functions on a day to day basis. In most countries, our streets are lit, our roads are repaired, our hospitals have drugs and public websites are accessible for all to use. This may feel like ...
From Hero to Zero – UK Digital Marketplace Shuttered
Within living memory, the UK’s Crown Commercial Service (CCS) had planned to reshape a large swathe of public procurement in the image of the Digital Marketplace, the website that effectively ran the G-Cloud and Digital Outcomes frameworks. The future, we were assured, was a dynamic marketplace where purchasing was easy and competition was high. Recently, CCS ...
We Sell Data, Not Seats.
Why we sell data not seats?
We're data analysts.
We really understand the data we gather. We've been doing it for 15 years and we know what works and how to enhance data to make it easier to analyse.
We also know that we haven't scratched the surface of the potential uses for our data. From financial services to ...
Looking For Reasons To Export to Government?
If you are looking to grow exports, you should start with the largest and most transparent industry in the world, and here are five reasons why:
1. Public contracting accounts for around 11% of global GDP.
Think about that. Look at all the economic activity that surrounds you, from shops to taxis and websites, and then realise that ...
Better Data, Better Procurement Pipeline
There is no shortage of procurement data out there, but it doesn’t always have reliable or consistent features. Data that's raw, unreliable, inconsistent, and scattered across different systems is hard to work with and makes it difficult to create a robust business pipeline.
Most procurement teams conduct some level of pipeline analysis in order to plan activity ...
Creating Export Opportunities With Government Procurement Data
In today's global economy, export-oriented businesses face increasing competition and challenges in identifying the right markets and opportunities for their products and services. One source of information that can help businesses overcome these challenges is government procurement data.
For export-oriented businesses, unlocking the value of government procurement data requires understanding how this data can inform their export ...
Deduplication Routines
Deduplication is a deceptively complex problem to handle at scale. There’s a simple, ugly and brutal way to do it, where you compare two records and determine if they are exactly the same, but this doesn’t work if the records are very slightly different. A missing comma is enough to render that algorithm useless.
Doing deduplication properly ...
Hallucination As A Service
I asked Chat-GPT to find me some academic papers that highlight the usefulness of combining two different machine learning techniques. I hoped that it might be able to point me to some new insights for some research we’re doing into document clustering. The results were surprising:
These look credible enough, but none of these papers exists. The ...
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 ...
Securing The Competitive Edge.
Are you an exporter looking for leads for your exporters?
Do you want to help your in-country teams build more partnerships within their territories?
Why not tap into our database filled with millions of global leads and opportunities.
We are your key to a $13 trillion government procurement market.
🌍Bulk Data: We have millions of points of Tender data, Contracts ...
Using Data To Build A Supply Chain
All data has a provenance.
It comes from somewhere. Someone created it.
Maybe it came from a sensor, or it was created by a person using Excel.
At some point it was entered into a database and then it was saved and distributed.
In a lot of cases you won’t really know where your data came from.
Your publisher is probably ...