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Public Spend Forum: This week’s highlights and news

08/06/2021 By

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Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public buying everywhere. GovShop is its free-to-use global government market research tool for finding and connecting with suppliers. Read more from PSF and GovShop founder Raj Sharma here: Working towards a more open and accessible public sector marketplace – for suppliers and buyers.

This week’s latest from PSF:

Improve program and procurement outcomes through the proven 7MI Framework for Market Intelligence

7MI can be best described as a framework that incorporates fundamentals of how markets work and basics of economics. It is designed to be fact-based and analytical as opposed to “hunches” and collaborative with an emphasis on early on supplier engagement. The ultimate goal is to ensure the 7MI framework leads to requirements that align with the market, increase market transparency and lower information asymmetries, and lower barriers for suppliers so the best suppliers participate in opportunities.
On August 10 at 3:30pm ‒ 5:00pm EDT PSF will run a master class where you will learn the overall framework and examples that you can start to put into place.
 
This is open to program managers, business unit heads and contracting officers to help you better understand all aspects of markets and suppliers including:
  •  Understanding market segments and suppliers aligned to each segment
  •  Knowing the “language of the market”
  •  Understanding key trends shaping a market
  •  Knowing the economic and pricing models
  •  Identifying key differentiators of suppliers and which ones matter to you

Recent emerging tech and innovation showcase speed pitches

Each week PSF holds a tech and innovation showcase where several emerging companies come together to make short pitches to government. The goal of the Showcase is to:

  • Build awareness of emerging and innovative solutions in the market that have the potential to address critical government issues
  • Lower barriers and costs for small businesses to present their capabilities to government and buyer audiences at no cost

GovShop recently hosted some innovative tech companies to pitch their solutions to a diverse audience of government buyers from local, state and federal agencies. Here are four of the more recent pitches:

If you would like to join PSF as it builds an open community and platform for emerging businesses to showcase their solutions, you can register here,

If you’re an innovative and emerging tech company looking to showcase your solution, learn more and apply for the Innovation & Tech Showcase, here.

AWS and PSF: Customer & Citizen Engagement Showcase

Public Spend Forum and Amazon Web Services are hosting a showcase for cutting-edge companies in Citizen & Customer Engagement. Basically they are companies that are leading the way in building solutions for governments to proactively engage with their constituents and develop innovative tools to address challenges before problems arise. Some include: delivering quick, accurate emergency response information, sustainably managing waste from the community, and eliminating the need for waiting rooms and queues.

To meet and learn about 6 ground-breaking companies that building the next generation of innovative technologies to help citizens and governments engage effectively, join this free-to-attend event:

Wed, Aug 11, 2.00pm – 4:00pm EDT

Find out more and register here

 

And in other news … 

UK round-up of recent public procurement developments

What does sustainability really mean to you? The ITAM Forum

Australia: Minister for Defence announces launch of Project 9358 aimed at exploring options for the procurement of a ground-based Space Electronic Warfare capability

Scotland: Social enterprise can provide more sustainable ways to deliver public services

Cities should appoint Chief Decarbonisation Officers, says new report

Global Healthcare Exchange launches Procure platform to improve visibility for healthcare providers in the UK

UK Gov e-learning course to help public sector commercial staff identify and mitigate modern slavery risks in their procurement

NHS England’s £200m ERP replacement misses another deadline as procurement runs 2 years behind schedule

 

Interesting and useful material:

The GovShop Small Business Resource Center (SBRC) — is a one-stop-shop containing anything a small business would need to know to navigate public procurement in the United States, and beyond.

The 7 Principles for GovMarket Growth can be downloaded for free.

 

Contact Public Spend Forum

Contact support@publicspendforum.net if you’d like to understand more about public procurement, the effect of the pandemic, where to find suppliers for a specific category, or any other burning issue you have.

PSF would also love to hear from you if you have a success story within your organization you’d like to share. If you’d like to share your opinions or insight on a public-procurement-relevant issue please see the Guest Author Guidelines here.

Schedule a free GovShop demo

You can book a free consultation and demo to learn how to best leverage GovShop! You’ll learn how to build your market research skills and use GovShop to search across 2 million traditional and non-traditional suppliers, quickly generate lists and reports in minority and small businesses, and find contracts that match your needs.

Contact Frank McNally from the Government Success Team

 

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