Abstract This study investigates the relationship between regulatory policies governing public procurement and participation by small and medium enterprises (SMEs), using a large dataset on European procurement. We find that better quality procurement regulation is associated with greater SME participation and higher probability that SMEs win contracts. Dividing contracts into smaller lots, a key feature...
As the world wakes up to social and environmental injustice, a spotlight is shining on global supply chains. Countries around the world are requiring greater transparency in supply chains, across a range of topics, from conflict mineral mining to deforestation regulation. The burden on supply chain leaders and procurement teams to disclose and report on...
Turning Ad-Hoc buying to Managed, Optimized, and Innovative Sourcing Every business purchases goods and services to operate, and each purchase a business makes provides an opportunity to add value. As an organization grows and matures, the race to increase value through balancing the organization’s people, processes and technologies require skillful navigation. This blog details a...
If the mantra of 2020 was “uncertainty,” the term of 2021 will be “adaptability”. As economies recover, some sectors will see a return to pre-2020 operation. But for sourcing & procurement teams, adjusting to the “new normal” will take some time. Everywhere you look, sourcing and procurement trends have been changed. The Travel & Tourism...
