Elevating Public Sector Procurement Through Data-Driven Transformation

Guest Columnist

Tharshini Markandaier, Public Sector Procurement Executive

The public sector procurement landscape is currently undergoing a major shift as organizations seek to boost the impact of their Procurement Divisions. Mere cost savings or avoidance are no longer the sole priorities; the primary emphasis now revolves around delivering value. Achieving this value proposition demands a fundamental change in perspective, involving a thorough examination of procurement's fundamental principles, which in turn fosters increased efficiency and the adaptability necessary to meet the continuously evolving needs and expectations of internal stakeholders. This transformation is paving the way for elevating the function to previously unmatched levels of excellence.

In today's context, public sector procurement has assumed a crucial role in nurturing relationships, driving innovation, enhancing competitiveness, and promoting social responsibility. By harnessing tools and data to make well-informed decisions, procurement professionals are not only benefiting their organizations but also making meaningful contributions to the broader community. Read More.

Cooperative Procurement: Creating a Positive Difference

This Municipal World November article shares how Canadian public teams are taking advantage of the benefits of cooperative procurement. Included are quotes and stories from NCPP partners Kinetic GPO, Element Fleet Management, GOJO, Gordian, Grainger (Finning Canada), TORO, as well as educational partner, Deltek. Read article here.

Cooperative Partner Announcements

Group Procurement Growth in Canada

Group procurement has gained significant traction in Canada in recent years, with a growing number of public sector agencies showing interest in utilizing group procurement contracts. The increasing appeal of group procurement lies in its innate ability to harness collective buying power, reduce procurement costs, and streamline processes. What was once a niche approach has now become a significant trend, impacting the entire procurement landscape. Read more.

Optimize Your Public Entity’s Spending Habits with Group Purchasing

As a public sector procurement leader, you manage a slew of contracts, tenders, and RFx’s on a daily basis. The most strategic supply chain professionals often look to group purchasing to lessen the stress of vetting suppliers, but did you know a group purchasing organization’s purpose extends well beyond this benefit? Group purchasing organizations, also often referred to as cooperatives, serve as an extension of your team allowing you to purchase high value products for less from industry-leading suppliers while also benefiting from lifelong supplier relationship management. Read more.

Exploring Sustainable Alternatives to Natural Gas

In the latest issue of our Industry Spotlight, we dig deep into the timely topic of Natural Gas Management. With changing government regulations, increased market volatility, developments in renewable energy technologies driving competitiveness, and the overall financial and social impact, developing an action plan to reduce natural gas use is quickly becoming a priority for many organizations. OECM’s Industry Spotlight features market insights, gathered in collaboration with our trusted supplier partners, and analyzed by OECM’s Supplier Relationship Management (SRM) team. Read more.