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Supplier Diversity: From Checking the Box to Driving Business Strategy

ivalua

businesses proudly maintain robust supplier diversity programs. They have now moved from largely being a reporting exercise, to being a business strategy. These advantages include the increased competition that diverse suppliers bring to an organization, which can directly improve quality and drive down costs.

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Thought Leadership: Knowledge – The Secret to Winning Fed Contracts for Prime Contractors

GovSpend

And with consensus, execution of business strategy becomes easier, and eagerness to address the customer higher. The greatest value from an investment made by any organization in a market research tool should minimize time to research information while enabling it to arrive at quality decisions.

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SBA Lifts the Application Hold for 8(a) Certification

Select GCR

This streamlined procurement method can significantly reduce the time and resources required to secure government contracts, allowing 8(a) firms to focus on delivering high-quality services. Developing a robust marketing strategy is equally crucial.

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Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

These scenarios often involve a need for expertise, standardization, quality, compatibility, and exclusive availability of products or services. However, a sole source justification based solely on quality, preference, or standard price comparisons is invalid. There are several common scenarios where it is vital.

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Big or small business, ‘this’ type of federal contractor does the best job

Federal News Network

Those were ones where I got some tractability, quality, schedule, cost, project management, stuff that people care about a lot, right? James Hasik That is absolutely a business strategy. You could look at four of the categories in which they get rated. I mean, it is. It is not maybe a way to make the boss fabulously wealthy.

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This is NOT thought leadership, it’s practical talk about Supplier Value Management

ivalua

To me and the team at Directworks, Supplier Value Management means selecting the best supply partners and effectively managing supplier relationships to capture greater value in a manner that helps drive your overall business strategy. So let’s forget about upstream vs. downstream and value creation vs value capture.

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Triggering results with better supplier information

ivalua

This can significantly impact the amount of time it takes to get to the point where the information is truly actionable — especially since you must make sure that data quality, consistency, and timeliness issues are resolved BEFORE you start taking action on the information now at your disposal. SO DON’T TRY TO BOIL THE OCEAN.