ENHANCING THE EFFICIENCY OF PROJECT PROCUREMENT: INSIGHTS FROM INTERNATIONAL PRACTICES
Keywords:
Procurement efficiency, international practices, project procurement, oil and gas sector, public procurementAbstract
Procurement processes play a crucial role in ensuring the success of projects by minimizing costs, improving quality, and timely delivery of resources. This paper explores international best practices for improving procurement efficiency, with a particular focus on the oil and gas, public, and industrial sectors. Drawing on the experiences of foreign companies and recent research, the article highlights the strategies that have enabled organizations to lead their sectors by improving the procurement processes through modern tools, advanced technologies, and strategic management.
References
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