Improving Procurement Policy and Practice
Enhanced Procurement Boosts Economy.
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Public and private sector procurement spend is a subject of perennial concern, and one that has been exacerbated in an era of post-austerity economics.
Wales is the lowest performing economy in the UK, and business research by University of South Wales (USW) academics has led to a range of interventions to improve the effectiveness of procurement and thereby directly contribute to the region’s economic well-being.
The work led to policy and practice changes within the Welsh Government (that have resulted in a 100% increase in small to medium enterprise involvement in bidding for public sector contracts and a 400% improvement in their success in winning contracts.
Resulting Knowledge Transfer Partnerships and CIPS accredited training delivered by USW have helped transform procurement practice in Welsh public and private sectors, contributing significantly to greater economic sustainability for buyers and suppliers in the region.
USW Research Impact
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