Public Spend Forum – Public Procurement Highlights from this Week

Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public procurement and the public sector market. It tackles universal public procurement issues and on its website you will find articles, podcasts, opinion pieces, community notices, discussion trails and news stories. Some are country-specific, others global.

Top Publicly Traded Companies at the Forefront of AI Innovation

Artificial Intelligence (AI) is a broad umbrella catchall for a slew of technological advances, including but not limited to machine learning and automation. Builtin estimates that AI could add as much as $15.7 trillion to the global GDP by the year 2030. Several publicly traded companies innovating in AI are noted by Builtin as primary innovators in subset industries, read about them here.

Linking Public Buyers with Suppliers of Innovation

The Innovation Procurement Brokers (InnoBrokers) project, funded by the EU, helps public procurers to procure innovative goods and services by linking public buyers with innovative suppliers. Once introduced to SMEs and start-ups that are able to develop innovative solutions responding to their requirements, the local authority can benefit from bids tailored to their requests. The project intends to convince public procurers that purchasing innovation is not difficult, just a different process that is easy to learn and easy to apply. Read about it here.

You Can't Solve Problems Using Data If You Don't Ask the Right Questions

Download this list of 20 common questions to ask when assisting customers with procurement analytics projects, and sound smart in your next meeting. In addition to the 20 questions, PSF shares 8 case studies from Professor Robert Handfield, a link to his webinar, Best Practices in Procurement Analytics, and 14 tips for writing your best solicitation yet! Read here.

And in other news ...

Germany Missile Purchase Approved by US State Dept through NATO Support and Procurement Agency

Bahrain and UK to Pilot AI Public Procurement Guidelines

UK Government Must Report on Modern Slavery Prevention in Its Supply Chains

Croatia Introduces e-Invoicing

UK NHS Digital Publishes ‘Internet First’ Guidelines

 

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