Procurement Consulting

We're going to talk about how to combat inflation when requesting for offers from the market. Inflation is the biggest issue for budget holders, as it erodes the purchasing power and increases the costs of goods and services. So how can you protect your procurement budget from the effects of inflation?

Compliance and cybersecurity are not optional or secondary in public procurement. They are essential and strategic for the success and sustainability of public procurement. They are also not static or fixed. They are dynamic and evolving, requiring constant attention and adaptation. That's why public procurement professionals need to stay informed, alert, and proactive in ensuring compliance and cybersecurity in public procurement.

This is our last episode for 2023 and this episode, we will summarize the biggest news and developments that shaped the public procurement landscape this year.

AI is one of the hottest topics in technology, but it is still a relatively new opportunity for procurement. Often AI is talked about as a magic new solution to problems, but what are the real AI opportunities for procurement? How can AI help solve some of the biggest challenges in procurement? And what are the best practices and pitfalls to avoid when implementing AI in procurement?

We all know procurement professionals are like magicians, and they can procure any goods, works or services. But there are things we can’t procure. Let’s speak about those.

Quality is a word that gets thrown around a lot in the world, but what does it really mean? How do we define it, measure it, and improve it? And why does it matter for procurement professionals and their organizations?

The procurement of intellectual property is a complex and vital aspect of modern business. Whether it involves securing patents, trademarks, copyrights, or trade secrets, the acquisition of intellectual property rights enables individuals and organizations to protect their innovations, creations, and brands. Real-life examples like Apple, Disney, and Google demonstrate the power of intellectual property in shaping industries and driving success. As technology continues to evolve, effective procurement of intellectual property will remain crucial for fostering innovation and safeguarding creative endeavors.

Procurement contract drafting requires a delicate balance between legal expertise and practicality. While involving lawyers brings valuable legal knowledge and risk mitigation, it is important to consider the potential drawbacks such as cost implications, time-consuming processes, and the need for collaboration with procurement professionals. By striking the right balance, organizations can create procurement contracts that protect their interests while being aligned with their strategic goals and operational realities.

We think drafting procurement contracts should be a joint exercise.

What do you think? Who should draft procurement contracts?

In a groundbreaking court case that captivated the nation, former Virginia Governor Bob McDonnell and his wife, Maureen McDonnell, found themselves at the center of a corruption scandal that redefined the limits of public procurement. The case, United States versus McDonnell, delved into the murky world of political influence and raised important questions about what constitutes an "official act" and the role of money in politics.

In this episode we're delving into a critical aspect of public procurement: how to handle vendor complaints and protests when decisions are made.