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Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts. Whether it’s dealing with supplychain disruptions or pivoting in response to new regulations, being flexible in your procurement strategies is essential.
New release features AI-powered contractmanagement, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contractmanagement. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. Procure-to-Pay.
You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and managecontracts in one place. Ivalua’s ContractManagement module allows you to easily track milestones and consumption in real time across multiple agreements.
Effective procurement practices allow the establishment of a closed-loop circular supplychain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.
It is all a part of supplychainmanagement, making sure the right products and services get to the right place at the right time. Key Principles Of Public Procurement Transparency: Clear and Open Processes Public contracts aren’t handed out in secret. It outlines pricing, service quality and other key details.
How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supplychain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supplychain! Let’s explore further.
ContractManagement is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contractmanagement and its role in procurement efficiency.
If you missed out on this week’s training, we are returning both courses to our regular rotation of annual events and we would love to see you next time.
Between 2011 and 2021, single bids doubled, the number of bids halved, and direct awards surged. As a reform community, we agreed that we need to focus more on long-term value, with sustainability, social value, and innovation becoming increasingly important and that contractmanagement is where this value is often won or lost.
The following article outlines nine points to consider as part of the procurement planning process which will help to reduce procurement risk, increase confidence in the procurement document and avoid a potential bid dispute. It can lead to a bid dispute or the procurement award being overturned.
Construction tenders may include a mandatory site visit where attendance is required in order to bid. Step 4 Evaluation Once the procurement closes bids are evaluated. Disqualified bids are rejected and do not proceed to the next evaluation stage. Sometimes a bid response requires clarification.
GSA & VA Schedule Contracting Training for In-House Counsel, October 29 On October 29, we will host our “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel. To register for the GSA & VA Schedule Contracting Training for In-House Counsel, click here.
On February 28, again at Miller & Chevalier Chartered, we will hold our GSA and VA Schedule Contracting Training for In-House Counsel course. This course is designed for lawyers and contractmanagers with significant contractmanagement and compliance responsibilities with GSA and/or VA Schedule contracts.
Supplychain issues” has become an accepted catch-all term to explain a range of circumstances. Collective agreements offer some predictability, but lump sum tendered bids often must guess the future and buffer to avoid loss. This risk absorption is directly reflected in bid prices.
GSA & VA Schedule Contracting Training for In-House Counsel, October 29 On October 29, we will host our “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel. To register for the GSA & VA Schedule Contracting Training for In-House Counsel, click here.
Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contractmanagement including KPIs. Part 2 of The Procurement Journey will continue next month covering posting, evaluation and contract award.
GSA & VA Schedule Contracting Training for In-House Counsel, Feb. 28 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on February 28. Register here.
GSA & VA Schedule Contracting Training for In-House Counsel, Oct. 29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! James Peake , M.D., To register, click here.
GSA & VA Schedule Contracting Training for In-House Counsel, Oct. 29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! To register, click here. James Peake , M.D.,
On February 28, again at Miller & Chevalier Chartered, we will hold our GSA and VA Schedule Contracting Training for In-House Counsel course. This course is designed for lawyers and contractmanagers with significant contractmanagement and compliance responsibilities with GSA and/or VA Schedule contracts.
GSA & VA Schedule Contracting Training for In-House Counsel, Feb. 28 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on February 28. To register, click here.
Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. There can be various types of services which supplychain consultants can provide.
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