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Ten years later, agencies still making gains on category management

Federal News Network

As of December 2024, the Office of Management and Budget has now designated 40 separate large acquisition vehicles as best-in-class representing products and services ranging from rental cars to hearing aids to identity protection services. By the end of fiscal 2024, $384 billion of the governments contract obligations or 78.5%

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Your procurement compliance and risk management checklist

Bonfire

Our panelists included: Hend Salem , Manager of Strategic Sourcing – Non Clinical at The Ottawa Hospital Carol Izzio , Director of Procurement at Sheridan College Christine McParland , Director of Residence and Ancillary Services at St. It’s not a procurement policy, it’s a corporate policy. Everyone has to buy in.”

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

A purpose-built solution can enforce proper governance and standards, automate master data optimization activities, identify product standardization opportunities, and automate category management for strategic sourcing in supply chain. In fact, 74% of ERP implementations go Over Budget and they take longer to roll out.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . Last year, 62% of enterprises that made an investment in supply management technology over the past two years took the suite-based approach (strategic sourcing suite or full Source-to Settle suites.

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How to Gain an Advantage in Challenging Times

ivalua

Among the most digitalised tasks are transactional processes like invoicing (55%), purchasing (42%) and budget management (33%). But even these numbers show significant improvement is needed, as these manual, repetitive tasks are a constant drain on employee productivity and prevent spending time on more strategic objectives. .

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AI effort to improve contractor performance ratings stalls

Federal News Network

An Office of Management and Budget spokesperson said the FAR case is on pause to allow further analysis of security considerations, such as roles and responsibilities for the lifecycle management of the data. “The AI has come a long way in four years.” But if everyone is rated satisfactory, then CPARs has little to no real value.”

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Friday Flash 09/20/2024

The Coalition for Government Procurement

The plan to increase its workforce diverges from the VA’s FY25 budget request, where the department proposed reducing its workforce by 10,000 positions, mostly within VHA. Office of Management and Budget (OMB) is reviewing the final regulations, with release expected before the end of the year. These were initially proposed on Dec.

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