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...
Receive free hands-on and tailored support in developing your Pre-Commercial Procurement (PCP) or the Procurement of Innovative Solutions (PPI)
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...
It is saddening how some organizations still think the only idea of Procurement is to buy the cheapest. This leads to numerous erroneous opinions about Procurement function and profession in general. Because of this very myth, other departments within organizations try to avoid Procurement department while making strategic decisions. Consequently, in many instances those departments face numerous problems, such as poor service, substandard deliverable or late performance.
It is important to instruct our colleagues and duly infor...