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by James Carter Senior News Editor






ChileCompra Launches Circular <a data-ail="8207513" target="_self" href="https://www.archyde.com/category/economy/" >Economy</a> Platform & Electronic Reverse Auction – Breaking <a data-ail="8207513" target="_self" href="https://www.archyde.com/category/news/" >News</a> for Public Procurement

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ChileCompra Revolutionizes Public Procurement with New Circular Economy Platform & Electronic Reverse Auction – Urgent Update

SANTIAGO, CHILE – October 22, 2024 – In a move poised to reshape public purchasing practices in Chile, ChileCompra is launching a new Circular Economy platform alongside an Electronic Reverse Auction system. This breaking news, announced today, promises increased efficiency, cost savings, and a stronger commitment to sustainable resource management for both public buyers and suppliers. For those following the evolution of government contracting, this is a significant development with potential ripple effects across the region. This is a story that demands attention for anyone involved in public sector procurement, and we’re bringing you the details as they unfold.

What’s New: A Deep Dive into ChileCompra’s Innovations

The core of this announcement centers around two key initiatives. First, the new Circular Economy platform aims to facilitate the efficient use of resources by connecting buyers with suppliers offering products and services designed for durability, repairability, and recyclability. This isn’t just about cost; it’s about fundamentally changing how the Chilean government approaches its purchasing decisions, prioritizing long-term value over short-term gains. Claudia Ahumada, a professional from ChileCompra’s buyer department, will be detailing the platform’s functionality during today’s live broadcast.

Secondly, ChileCompra is introducing the Subasta Inversa Electrónica (Electronic Reverse Auction), a dynamic bidding process designed to drive down prices on standardized goods. This system allows suppliers to compete against each other in real-time, resulting in significant savings for the government. Carabineros de Chile (Chilean National Police) have already piloted this new procedure, and their experience will be shared during the broadcast, offering valuable insights into its practical application. Coronel Fabián Rocha, Director of Public Purchases for Carabineros, and Teniente Coronel Rodrigo Oakley, Head of the Purchasing Management Dept., will be on hand to discuss their initial results.

Who Benefits and How? A Look at the Impact

This update directly impacts a broad range of stakeholders. Public buyers, including entities like the Superintendencia de Seguridad Social (SUSESO), represented by Aldo Leal, Head of Internal Administration, will gain access to tools that streamline the procurement process and unlock substantial cost savings. Suppliers, particularly those focused on sustainable practices, will find new opportunities to showcase their offerings. The SLEP of Gabriela Mistral, with Alexis Moya Peña, Administration and Purchasing Manager, will also be sharing their perspective.

But the benefits extend beyond immediate financial gains. The Circular Economy platform aligns with a growing global trend towards sustainability, reducing waste and promoting responsible consumption. Electronic Reverse Auctions, while focused on price, can also incentivize suppliers to innovate and improve their efficiency. Understanding these systems isn’t just about winning bids; it’s about adapting to the future of public procurement.

Tune In Live: Get Your Questions Answered

ChileCompra is hosting a live broadcast this Wednesday, October 22nd, at 11:00 a.m. (Chilean time) on their

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