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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

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10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Bonfire

Not to mention, ERPs can’t connect you with the vendor communities and networks that sometimes come with a dedicated procurement solution, which means that fewer qualified vendors see and bid on your agency’s solicitations in the first place.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

“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

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Commemorating 10 years of Bonfire

Bonfire

Whether through our Open Community Projects , Inside Public Procurement podcast , Strategic Sourcing blog , or virtual events and user meet-ups, we’re dedicated to building a community that promotes and celebrates excellence in public procurement. Driving impact with eProcurement.

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what is the difference between public and private sector procurement?

The Procurement School

demand aggregation As one strategy for meeting this obligation, both sectors look for opportunities for volume buying or ‘demand aggregation’ wherever possible and often approach strategic sourcing from a category management perspective. Each party to the CFTA also has specific exceptions to the general provisions.

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Are you a Supply Chain Visionary Vick or Laggard Larry?

ivalua

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. Software that is built for indirect spend will not function in critical areas such as breaking down bids and collaborating with suppliers at the bill of material level.

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AI effort to improve contractor performance ratings stalls

Federal News Network

Mike Smith, a former director of strategic sourcing at DHS and now executive vice president at GovConRx, said with the successes of the DHS and other pilots, he hoped the FAR Council would take up this project and support CPARs reforms. The first set of awards come about eight months since vendors submitted bids.