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For example, over the last several years, the City has transitioned to PASSPort , an end-to-end online procurement system that creates additional transparency and efficiencies in the procurement process. And how do you successfully bid on those opportunities? How do you find opportunities?
At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Some of the solution highlights for state and local solution include: Public Portal: Public catalogs, FOIA & bid protest management, optimized search.
They also want transparency, but in their case, it is visibility into new bids, the state of existing bids, awards, and payment status. The same is true of the companies looking to supply the public sector with goods and services. Given these needs, let’s think back to the current state of public procurement technology.
Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-endbid management process and final award decisions.
The tools within the platform are designed to ensure that the proposals for procurements launched through it are of high quality, thus increasing the chances of creating a winning bid with distinctive features in an industry that is quite competitive. Wh at is a Find a Tender Service ?
“Partnering with Consus Global and our successful deployment of Ivalua will accelerate our progress in supply chain optimization at REV Group by applying a powerful toolset of data, supplier management, and competitive bidding capabilities to our team,” says Rob Vislosky, Chief Supply Officer of REV Group. “We
Enormous, complex, global enterprises use procurement technology to manage their spend, suppliers, contracts and bids every day without seeming to run into the same stumbling blocks as the public sector, which operates on a smaller and more localized basis.
The latest bid, which followed at least two previous failures, is facing similar troubles as earlier projects: incomplete planning, a technology platform with questionable maturity and, maybe most striking, the hubris of the leadership that their current plan will be successful no matter what evidence emerges that tells a different story.
Effective procurement practices allow the establishment of a closed-loop circular supply chain 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.
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