Remove Buyers Remove Efficiency Remove Price
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GSA is cooking up a new, comprehensive procurement data source

Federal News Network

So I think the biggest improvement that I’m seeing as the data posture within the FAS, within GSA continues to expand and grow is efficiency. There is an efficiency for the contracting officer and efficiency for the supplier efficiency for the contract agency. This is fair and equitable.

Data 93
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Breaking down barriers: The challenges of federal micro-purchases for small businesses

Federal News Network

Bureaucratic hurdles Federal agencies, under increasing pressure to modernize and improve operational efficiency, often find themselves constrained by the very procurement systems meant to streamline the process. Larger vendors often have higher overhead and may lack the flexibility that small businesses offer.

professionals

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Is e-Procurement Free For Buyers?

Mercell

I left with a great feeling and followed-up with an email confirming our services and pricing. By telephone, the buyer let me know that the offer seemed very reasonable and that she was going to ask for approval from her manager. As a seasoned buyer, she went to her manager with 2 other offers. The suppliers!

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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

Case studies: In Colombia , rather than the government trying to document and standardize all possible technologies, the framework agreements created for the IT sector link directly to the providers’ public web pages, which list all of their services and prices. Purchased systems need to replace or work within existing systems.

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Working Capital: Leverage Spend to Improve Capital Efficiency  

ivalua

Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. The reality is, to turn inventory, make the sale, and then collect funds takes most buyers over 30 days. Is it worth it?