On 12 March 2018 Procurement Network announced that it would procure cryptocurrencies for its clients, however limiting the choice to the three popular ones: Bitcoin (BTC), Litecoin (LTC) and Ether (ETH).
This announcement had been predicted by many and expected by all. Clients normally outsource procurement of complex goods, works and services to the Network, so why not to outsource procurement of crypto?
But one needs to differentiate between procurement OF cryptocurrencies from procurement WITH cryptocurrenci...
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The European Commission has re-opened the call for free eafip assistance – apply now in order to receive hands-on and tailored support in developing your own innovation procurement project through PCP or PPI.
The eafip initiative can provide assistance (including legal assistance) in the start-up and implementation of an innovation procurement.
There are dozens of e-Procurement products in the market, yet those products fail when it comes to working in public sector or development world. There are reasons behind this failure.
Normally, public procurement learns best practice from the private sector and corporate purchasing. While corporate world indeed can teach a lot in various areas, such as business practices, market trends, supplier relationship, effective supply chain, etc., it fails to address the main idea of public procurement, i.e. creating public goo...
When you draft procurement laws for governments, multinational corporations and international organizations, you feel it is a science. When you make world’s best companies compete against each other, and then you negotiate the price with a Fortune 50 company and reduce it to almost half, you understand it is art. But when you deliver an anti-mosquito bed net to a boy in sub-Saharan Africa, or a book to a girl in Latin America or when you help the whole country shift to green energy, procurement becomes a passion.