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

American City & Country

These contracts are competitively bid and offer access to a broad range of goods and services at negotiated rates, making them ideal for organizations of all sizes. ” – Vendor Manager | ONE AMERICAN BANK Use Data and Analytics to Make Informed Decisions Modern procurement relies heavily on data.

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The Public Procurement Journey: Tools for Modern Challenges

ivalua

COVID-19 had closed their vendor liaison office and vendors were no longer able to drop off physical bids in person, nor could they conduct bid opening per their established process. In two weeks, the LADWP was able to stand-up a solicitations solution with a bid drop-box and a vendor self-service portal.

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The risks of vendor-paid eProcurement

Bonfire

Vendor-paid eProcurement typically offsets the costs of an online procurement platform for the buying organization. Opportunities in a bidding portal are hidden behind a paywall and vendors are required to pay a fee to submit their bid. In some cases, they even have to pay to view the opportunity and bid documents.

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ProcureWare Product Tip – Automatically log all incoming and outgoing vendor emails

Procureware

Two-Way Messaging is a new feature that lets buyers interact with vendors via email and have all the communications logged in ProcureWare. The communications are automatically associated to the individual vendor, their company, and the relevant bid or contract.

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