ivalua

NOVEMBER 29, 2021

To summarize, tail spend is commonly labeled as the money a company spends on purchases that accounts for roughly 80% of total transactions, making up about 20% of the company’s spend by volume. Result is a spend cube – an analysis, at the line-item level, of global spend, telling you: What was purchased; .

Buyers 52

Buyers Supplier Purchasing Procurement Team 52

ivalua

FEBRUARY 8, 2023

Balance supply chain risk and resilience with ROI. There are a few ways to balance supply chain risk and resilience with ROI: Diversification: One way to reduce risk is to diversify your supplier base so that you’re not relying on one supplier for all of your needs. This will help offset the costs associated with disruptions.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

Federal News Network

NOVEMBER 3, 2023

They do not require the government to purchase all its requirements from FSS program contracts. Significantly, FSS Blanket Purchase Agreements (BPAs), which leverage individual agency requirements, now account for over 53% of the dollar value of orders under the program. Yet, FSS contracts are not requirements contracts.

Price 70

Price Evaluation Negotiation Purchasing 70

American City & Country

OCTOBER 29, 2024

As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. With a single login and single shopping cart, you can streamline your purchasing experience with OMNIA Partner’s new e-commerce platform. Did you know Lawson products are now available on OPUS?

Vendor Management 58

Vendor Management Inventory Management Inventory Management 58

ivalua

APRIL 20, 2021

Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. Understanding this dynamic has compelled some buyers to extract longer payment terms in exchange for higher purchase volume.

Efficiency 52

Efficiency Buyers Supply Chain Supplier 52

GovLoop

AUGUST 12, 2022

Yes, it helps people achieve work-life balance, but does this come at the expense of mission, culture and camaraderie? For some people, the benefits of hybrid work might seem ambiguous. How can this work in the context of a government agency? Ellis said. Okay, so at a base level, we reached rote compliance with that minimum norm.

Balance 52

Balance Collaboration Purchasing Participation 52

Open Contracting Partnership

NOVEMBER 19, 2024

For anyone with a checking account and a debit card, being able to check your balance by logging into a mobile app or accessing a secure website is an essential feature. But many SNAP users must call a hotline or buy a small item to check their balance on a receipt. It facilitates budgeting and financial planning.

Public Procurement 73

Public Procurement Procurement Balance Quality 73

ivalua

OCTOBER 13, 2022

This is not a “side of the desk” or part time role, nor within the skill set or training for the vast majority of purchasing and supply chain managers. A unified understanding of what net zero really means: Net zero is achieving a balance between the carbon emitted into the atmosphere, and the carbon removed from it. Capital goods.

Supply Chain 52

Supply Chain IT Transportation Transportation 52

Tracker Intelligence

FEBRUARY 12, 2025

Call-Off Contract A call-off contract is used when an organisation purchases goods or services from a framework agreement. D-F Dynamic Purchasing System( DPS) It is an online marketplace where one can buy goods or services from pre-approved suppliers. E-Procurement It is the digital way of handling public purchasing.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

ivalua

JANUARY 27, 2021

3 Top Digital Transformation Blockers: Although 86% of AP professionals served by Hackett Group say digital transformation of the Purchase-to-Pay (P2P) process is of “critical” or “major” importance, few have been successful in making it happen. Partners: Top performers have found a balance between doing things in-house and outsourcing.

Supplier 10

Supplier Supply Chain Purchasing End to End 10

SmallGovCon

SEPTEMBER 19, 2023

That rule requires that an offeror be registered in SAM at the time of offer submission, “and shall continue to be registered until time of award, during performance, and through final payment of any contract, basic agreement, basic ordering agreement, or blanket purchasing agreement” per FAR 52.204-7(b).

Evaluation 78

Evaluation Bidding Negotiation Government Contracts 78

ivalua

OCTOBER 8, 2021

Yet in 2020, over two million people purchased goods online. While some shoppers will begin their research for products online, then visit the store to complete a purchase, others will visit the store to see and feel a product, then complete the purchase online.

Retail 52

Retail Procurement Supply Chain Supplier 52

AWS Public Sector

JULY 31, 2024

Within the Auto Scaling group, you set parameters such as what launch template to use, scaling policies, health checks, and Amazon EC2 purchase type (for example, On-Demand or Spot). Auto Scaling group – This is the collection of Amazon EC2 instances that are treated as a logical group for the purposes of automatic scaling and management.

Utilities 78

Utilities Networking Demand Management 78

The Coalition for Government Procurement

NOVEMBER 3, 2023

They do not require the government to purchase all its requirements from FSS program contracts. Significantly, FSS Blanket Purchase Agreements (BPAs), which leverage individual agency requirements, now account for over 53% of the dollar value of orders under the program. Yet, FSS contracts are not requirements contracts.

Price 49

Price Evaluation Negotiation Purchasing 49

American City & Country

OCTOBER 29, 2024

WypAll® Disinfectant Wipes offer a solution that balances efficacy, safety, and affordability, helping facility managers maintain a clean and safe environment for students and staff. Curious to learn more about WypAll® Disinfectant Wipes and how to purchase them through OMNIA Partners?

Education 58

Education Budget Procurement Balance 58

ivalua

MARCH 14, 2019

It’s a style of working that produced innovative thinking – but by its nature, could be hit and miss; where “miss” could have a significant negative impact to an organisation’s balance sheet. Blog first published by our friends at Purchase to Pay Network. Register here for Ivalua NOW Paris. appeared first on Ivalua.

Procurement 40

Procurement IT Purchasing Supply Chain 40

Open Contracting Partnership

DECEMBER 6, 2023

The city government of Klaipeda runs the Dancer bus service through a comprehensive, 10-year lease agreement that is the first purchase of its kind in the country, a result of Lithuania’s shift to using green criteria for public contracts.

Procurement 89

Procurement Buyers E-procurement Public Procurement 89

How to Crack a Nut

OCTOBER 18, 2023

especially bearing in mind that the outcome of the negotiations could be strongly pro-supplier, strongly pro-customer, or balanced (and something in between those). go far enough in ensuring that the contract for the procurement/purchase of AI embeds adequate substantive requirements.

Supplier 75

Supplier Transparency Negotiation Procurement 75

ivalua

DECEMBER 20, 2019

Gartner covers this in the report: Balancing Speed and Risk Oversight with Supplier Onboarding ) The degree of supplier scrutiny varies depending on the importance of the contract and the strategic value of the supplier. . Downstream activities include: Project planning. Development and innovation sharing. Statement-of-work and alignment.

Supplier 40

Supplier Supply Chain Balance Manufacturing 40

ivalua

AUGUST 1, 2022

Supplier Management is not limited to the transactional nature of a business relationship (purchase orders, catalog items, invoices, etc. ) Create tailored onboarding processes to balance speed & risk. For strategic direct materials purchases, collaboration and communication with suppliers is paramount.

Supplier 52

Supplier Management Supply Chain Sustainability 52

The Procurement School

DECEMBER 19, 2022

Solicitation Processes Once a government buyer has issued a solicitation, they must balance meeting the government’s needs with maintaining the interest of quality vendors. Make minor edits to solicitation documents from a previous similar purchase and issue. The solicitation is structured to meet current needs.

Supply Chain 52

Supply Chain Buyers Budget Quality 52

The Procurement School

OCTOBER 22, 2024

These reactions can lead to strict risk management and purchasing policies with overly complicated bid documents and onerous requirements that are imposing on potential SME bidders. Thankfully, there are methods that encourage procurement simplification and SME participation while maintaining a balance between risk, quality, and standards.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

Open Contracting Partnership

SEPTEMBER 30, 2024

As the introduction to this series stresses , there are “already identified lessons and best practices in purchasing IT & software and many of the best practices apply” to AI procurement too. So maybe this is nothing new. Can we just rely on what we know to make procurement work as well as possible?

Procurement 67

Procurement Buyers IT Influencing 67

Kluwer Arbitration

AUGUST 25, 2024

Background The dispute arose from a share purchase agreement pursuant to which Mr Ganz and Mr Goren allegedly agreed to sell their shares in a company to Petronz (“the SPA”). Petronz did not pay the purchase price and Mr Ganz referred the dispute to arbitration.

Transparency 59

Transparency Purchasing Balance Corruption 59

AWS Public Sector

MARCH 21, 2024

AWS enables customers to get the most value from data by providing a comprehensive set of integrated tools and robust governance capabilities that balance access and control. Since 2020, we are the largest corporate purchaser of renewable in Europe and worldwide. billion liters returned to communities annually.

Sustainability 78

Sustainability Data Innovation Transparency 78

The Procurement School

AUGUST 21, 2024

The balance between savings and values needs to be part of the conversation. Obtaining a procurement certification or a purchasing certificate can be a wise decision for those aspiring to excel in public procurement. The answer is not an either-or decision. Most institutions have been practicing some form of outsourcing for a while.

Procurement 52

Procurement Competitive Bidding Public Procurement Supplier 52

Federal News Network

AUGUST 20, 2024

MVCR functionality included basic Federal Acquisition Regulation (FAR) contracting, such as firm-fixed price (FFP) contracts, purchase orders, task or delivery orders, and indefinite delivery vehicles under the Simplified Acquisition Threshold (SAT) and using the Simplified Acquisition Procedures (SAP) for making purchases of supplies or services.

Procurement 119

Procurement Electronics Contract Evaluation 119

The Procurement School

JUNE 27, 2024

By fostering fair and balanced relationships with suppliers, organizations can mitigate the risk of unconscionable agreements. Obtaining a procurement certification or a purchasing certificate can be a wise decision for those aspiring to excel in public procurement.

Procurement 52

Procurement Contract Public Procurement Supplier 52

AWS Public Sector

SEPTEMBER 30, 2024

Healthcare Across hospitals and health systems , care teams face constant pressure to balance patient outcomes, safety, regulatory demands, and expenses. In retail, frictionless shopping by Amazon reports a 40-50 percent increase in average purchase values from heightened convenience.

Retail 72

Retail Supply Chain Manufacturing Utilities 72

ivalua

DECEMBER 14, 2020

Balancing New Priorities Makes Procurement More Valuable. Since implementing Ivalua, the Procurement team at Chassis Brakes has reduced indirect spend by 10%, while achieving 100% contract visibility and 99% purchase order coverage. Doing so safely requires having access to the right data, and the tools and technologies to act on it.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

Kluwer Arbitration

MARCH 31, 2024

On May 10, 2021, and following the provisions of clauses 12 and 18(2) of the Contract, the Buyer commenced arbitration proceedings, under the rules of the ICC, before a sole Arbitrator, in an abbreviated procedure, in which it demanded the restitution of the paid advance balance, plus interest, and costs.

Buyers 52

Buyers Balance Price Contract 52

How to Crack a Nut

OCTOBER 22, 2024

The Slovak Government decided not to purchase the stadium and it instead challenged the compatibility with EU law of the State aid package due to a fundamental breach of procurement law. Once the stadium was built, NFŠ exercised the put option. This is not what the ECJ wrote in its Judgment.

Procurement 52

Procurement Finance Purchasing Public Procurement 52

ivalua

AUGUST 17, 2021

An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

DECEMBER 6, 2022

As a result, purchases are linked to the wrong sub-category which jeopardizes the quality of spend analyses while it creates rework in the downstream process. How often does it happen at your organization that a CxO asks his secretary to call his preferred supplier without a purchase order?

Supplier 52

Supplier End to End Procurement Integration 52

The Procurement School

JULY 24, 2023

If compromises must be made, balance them so that neither party feels resentful. For organizations seeking external expertise, purchasing consulting services can be beneficial. If you find areas where you are not aligned, treat this as an opportunity to fix a problem before it occurs. Look for solutions that are a win-win for all.

Management 52

Management Consulting Evaluation Public Procurement 52

Kluwer Arbitration

NOVEMBER 4, 2023

Mr. Tuazon shared the trend in share-purchase contracting to acknowledge irreparable harm even if damages can be quantified. Yu addressed recent innovations and proposed changes in ISDS arbitration to restore the public nature and enhance the effectiveness of the ISDS mechanism while considering a more fair and balanced procedural framework.

Purchasing 52

Purchasing Participation Efficiency Influencing 52

The Procurement School

FEBRUARY 16, 2023

Any model which is primarily profit-based from a Supply side needs to be effectively balanced by the Demand side. The Indivisible Hand guides and, out of necessity, monitors the Invisible Hand to stimulate social and economic interests being realized in a sustainable manner.

Procurement 52

Procurement Supply Chain Total Cost of Ownership Sustainability 52