Category: Effective Sourcing Strategies

Effective Sourcing Strategies

Effective Sourcing Strategies: How Innovative is Your State Government?

Public procurement professionals often need to ask themselves, “Should we innovate, or can we use our traditional sourcing methods more effectively?” Many state central procurement offices have answered “Both!” to this question with much success.
Innovation continues to be a buzzword. We often hear calls for government innovation and rethinking public procurement, especially due to budget constraints or to keep up with the fast pace of innovation in technology.
Innovation can mean implementing new or better solutions. These could include changes as simple as a facelift to a traditional procurement method, adopting a new approach such as modular procurement, simplified multi-step bidding, communications with the supplier community prior to issuing a procurement opportunity, or allowing the state to test new technologies before procuring them. Sometimes, the most innovative ideas come from procurement professionals in the trenches who work closely with stakeholders and can offer helpful feedback.
Earlier this year, I had the privilege of hosting a webinar highlighting innovative and effective ways of procuring goods and services in state government. Read more “Effective Sourcing Strategies: How Innovative is Your State Government?”