Deloitte study reveals procurement best practices for cost reduction

Navigating the procurement process in the UK public sector. Let’s talk about something that's on a lot of our minds: the complexity of the procurement regulations and how they can create barriers for suppliers. As procurement professionals it's our responsibility to ensure that the procurement process is fair, transparent, and competitive. But we also need to recognize that the complexity of the regulations can be daunting for suppliers, especially those who are new to the market. So, what can we do to help the supplier market navigate the various stages of the bidding process and stand out from the competition? I believe that sharing our knowledge and experiences is a great place to start. What great examples have you embedded into your tendering to help suppliers understand the bidding process and stand out from the competition? Have you implemented any innovative strategies that have led to better outcomes for both suppliers and the public sector? Let's use this group as a platform to share our insights and knowledge on this important topic. If you’re not already in our group, please join and engage in the debate. UK Public Sector Suppliers & Procurement Network Link: https://lnkd.in/eWysPsEE

6 Months into the Procurement Act 2023: What Have We Learned? Tussell's latest report takes a deep dive into how the public sector has responded to the Procurement Act since it came into force earlier this year. The findings show both opportunities and challenges ahead: - Publishing gaps remain: Some sectors (like education) are publishing fewer notices than before the Act, raising compliance questions. - The Competitive Flexible Procedure (CFP) is gaining traction: Now used in 6% of tenders by volume, but a striking 27% by value, largely in big contracts and frameworks. - Social value is climbing the agenda: Mentions in award criteria have risen more than tenfold, and 4% of notices are now reserved for SMEs and VCSEs. - Localism is growing: Buyers are beginning to reserve contracts for regional firms, with Yorkshire leading the way. - Frameworks are being reshaped: Dynamic markets and open frameworks creating new entry points for smaller suppliers. The Procurement Act represents the most significant shift in public procurement in over a decade. While adoption is uneven, it’s clear that social value, transparency, and SME participation are becoming central to procurement strategy. For buyers, the challenge is ensuring compliance and making full use of the new tools. For suppliers, it’s about spotting the opportunities these shifts create...

I'm pleased to share details of our upcoming webinar, "Public Procurement in Wales: Navigating Supply Chain Challenges and Building Stronger Relationships", co-hosted by Tracker Intelligence and Procurex Wales - https://lnkd.in/ewYQeEZy Taking place on Thursday, 23rd October at 11am, this free-to-attend webinar will provide valuable insights into strengthening procurement strategies and building resilient supplier relationships across Wales. The session will be joined by two leading voices in Welsh public procurement, offering expert perspectives and practical guidance for attendees: • Simon Brindle, Director of Commercial and Procurement, Welsh Government • Amy Dietrich, Deputy Director of Procurement, Welsh Government This webinar will address two critical areas in public procurement: firstly, how procurement strategies can be adapted to withstand the uncertainties of a shifting global and national political and economic landscap, including disruptions to trade, supply chains, and market access; and secondly, how stronger buyer–supplier relationships can be developed in Wales to drive improved outcomes, foster innovation, and build more resilient partnerships across the public sector supply chain. This is a must-attend for anyone involved in public procurement or supplying to the Welsh public sector. Registration is now open: https://lnkd.in/ewYQeEZy

In the local context, many are thinking about efficiency gains for procurement teams. Read more on our landing page: https://hubs.la/Q03Lt3bv0

*Revisiting the Relevance of Your Procurement Policy* Every structured organization maintains a procurement policy — but the true measure lies in its flexibility, implementation, and periodic review. An effective procurement policy should not remain a static document; it must evolve in line with business realities, regulatory shifts, and market dynamics. Key reflection points for every procurement leader: 🔹 How flexible is your policy in supporting strategic sourcing decisions? 🔹 Is it being implemented across all procurement activities? 🔹 When was it last reviewed or updated to reflect operational and market changes? A well-crafted procurement policy serves as a critical enabler for operational excellence — driving compliance, value creation, and sustainable business outcomes. #ProcurementPolicy #SustainableProcurement #PolicyCompliance #InternalControl #OperationalExcellence

Getting raw materials from the source to the production line can get complex. Learn from Abhishek Bhattacharya's expertise in this procurement webinar on November 6 to see how digital optimization can turn this complexity into clarity ➡️ http://go.3ds.com/Kuuw

Public Sector Procurement: From Compliance to Real Value Working with procurement professionals in the public sector, one thing I keep hearing is how hard it can be to balance transparency, value for money, and agility. The reality is, public procurement has evolved. It’s no longer just about getting the lowest price. It’s about impact making choices that drive better outcomes for communities, encourage innovation, and support sustainable supply chains. What’s interesting is how much the mindset is shifting. I’ve seen more public bodies opening the door to early supplier engagement and collaborative partnerships, rather than treating procurement as a tick-box exercise. That’s a big step in the right direction. There’s still work to do, of course — especially when it comes to balancing compliance requirements with the need to move quickly. But the direction of travel feels positive: from process-heavy to purpose-driven. If you work in public sector procurement (or support it), I’d love to hear your view — are we finally seeing the change stick? #Procurement #PublicSector #StrategicSourcing #ValueForMoney #Sustainability #PublicProcurement

The procurement iceberg illustrates that visible costs in procurement are only a small portion of the total costs, with many hidden costs lying beneath the surface that organizations often overlook

Can procurement be improved through standardisation? This paper by Emma McEvoy written a few years ago examines in detail the question of whether or not the use of standard templates might improve public procurement: https://lnkd.in/eitq2Hj2

💹 Fair Competition — The Heart of Procurement Excellence A competitive procurement process doesn’t just ensure value for money — it builds confidence in public systems. When suppliers know that opportunities are fair, they bring their best innovations and prices to the table. Through my experience supporting transparent sourcing in donor-funded projects, I’ve learned that competition and integrity go hand in hand. 💬 What strategies have you seen work best in promoting fairness and competitiveness in procurement? #FairCompetition #ProcurementReform #Governance #ValueForMoney #DevelopmentProcurement