Demystifying Procurement Panel – Unlocking Innovation Through the Procurement Act 2023
This panel explores how the Procurement Act 2023 can drive innovation-led procurement and help achieve better public sector outcomes.
This panel explores how the Procurement Act 2023 can drive innovation-led procurement and help achieve better public sector outcomes. With the UK public sector spending over £380bn annually through public contracts, there is a significant opportunity to use procurement as a tool for fostering innovation.
The panel is featuring:
- Rikesh Shah, Head of IPEC
- Elvira Uyarra, Executive Director, Manchester Institute of Innovation Research
- Shailee Howard, Partner, Mills & Reeve
- Sophie Moule, Marketing & Product Director, Bloom Procurement Services
Key Discussion Points:
- Defining innovation in procurement: It’s not just about technology or AI, it’s about improving services and achieving better outcomes.
- Challenges in procurement:
- Rigid processes and regulations have traditionally hindered innovation.
- Lack of institutional memory and short-termism impact long-term improvements.
- Uncertainty on what ‘good’ looks like makes it difficult to adopt best practices.
- Opportunities in the New Procurement Act
- Cultural and practical shifts needed: Panelists discussed the need for leadership, ambition, and clear examples of success to drive change.
After watching this panel session you will gain:
- A deeper understanding of how the Procurement Act 2023 can support innovation.
- Insights from experts on making procurement more accessible and effective.
- Practical strategies for navigating challenges in public sector procurement.
- Real examples of how procurement can drive better services and outcomes.
If you’re involved in procurement, public sector innovation, or supply chain management, this discussion will provide valuable takeaways on how to leverage procurement as a tool for meaningful change.
Watch the full discussion below and see how you can apply these insights in your organisation.
Help Shape the Future of Innovation Procurement
Have you used innovation in your procurement processes? Whether it led to success or uncovered challenges, your experience can help others.
We’re gathering case studies from local and combined authorities to share practical insights on what worked, what didn’t, and what others can learn.
By sharing your journey, you’ll contribute to a growing knowledge base that supports better procurement across the public sector.
