Remove Balance Remove Negotiation Remove Procurement Team
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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Leading private sector organizations use ROSMA to look at the value-add by a procurement team but it has applications for public sector as well. Formula : The annual cost savings driven by procurement / annual cost of the procurement department. This would be reported as: 2,500,000 / 500,000 = 5X.

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Charging Forward: Public sector EVs pose both challenges and opportunities for state agencies and their partners

American City & Country

Across the country, state and local procurement teams are taking up the call to expand electric vehicle (EV) infrastructure. Additionally, the rapid pace of technological advancements in the EV sector can make it difficult for procurement teams to keep up, leading to concerns about the long-term viability of their investments.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. The firm offers solutions for cities , other governments and corrections. Cunningham says cooperative agreements can help cities and counties acquire needed technology.

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Creating Tail Spend ROI Through an Improved Buyer Experience

ivalua

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . Poorly utilized preferred suppliers with negotiated pricing. Tail Spend Challenges.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. To accommodate changing shopping behaviors and deliver experiences that delight customers, retailers will need to find the right balance. Attack GNFR Spend.

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Oil, Gas and Renewables: Hot Topics in Investing and Arbitrating in LatAm

Kluwer Arbitration

Rodrigo Bahia explained these put them ‘in line’ with the principles of the rest of the industry internationally which supports levelling the playing field for negotiations, even though the templates still present important concerns. It’s a balance. Rodrigo added that the enforceability of these clauses is yet to be tested.