This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Supplier Development Programme (SDP) and Scottish Borders Council are set to host the 3rd annual Meet the Buyer South event on 29 October at The Volunteer Hall, Galashiels. However, businesses of all sizes are welcome to attend Meet the Buyer South. appeared first on Public Procurement and Property.
The 15 th annual Meet the Buyer National event takes place on Wednesday, 5 June 2024 at Hampden Park, Glasgow. Meet the Buyer 2024 Alongside headline partners, Scottish Government and Scotland Excel, over 55 exhibitors have already signed up to engage with suppliers on the day. However, all are welcome!
Currently, the Bank conducts procurement for these investment projects, putting pressure on internal procurement capacity at the Bank, and missing an opportunity for domestic procurementteams to modernise their own countrys systems and upskill procurementteams. How can the Bank leverage this opportunity?
In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurementteam to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Managing a complex network of direct material suppliers.
Procurementteams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Work to achieve 100% supply chain visibility. Why is visibility so important?
For further information on public procurement in Scotland please visit www.gov.scot/procurement Please email enquiries to scottishprocurement@gov.scot Follow us online: Single speaker transcript, Nick Ford: Hi everyone. You can find out more information about these on our Scottish Procurement blog.
With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. ESG Objectives for Buyers. Supplier Selection.
In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurementteam to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.
Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. C2FO: Buyers on the Ivalua platform can pay their suppliers early and proactively set goals for return on their cash. How will the C2FO partnership benefit businesses?
KPIs need to be created with the understanding of what is important to the business, what information can add value and with consideration on how the information required can be gathered. The benefits of KPIs are vast and include the fact that it gives the procurementteam early indication of any potential issues.
By taking steps now to improve supply chain visibility, procurementteams can position their organizations for success in the years to come. To improve data quality, teams need to invest in automation, both to streamline data entry and to ensure that information is being inputted correctly. Making Data Quality a Priority.
It can; Retrieve information on spend, suppliers, etc. Soft skills and leadership are key enablers for procurementteams and are as important as technological competence. Paul agreed, saying that AI would not replace what humans do but would add intelligence and enable buyers to focus on more added value activities.
Creating a dialogue with suppliers ensures that procurementteams can identify opportunities for innovation in a green supply chain that benefits all parties. However, a lack of the right procurement tools restricts businesses from accessing these benefits.
Creating a dialogue with suppliers ensures that procurementteams can identify opportunities for innovation in a green supply chain that benefits all parties. However, a lack of the right procurement tools restricts businesses from accessing these benefits.
Public sector procurementinformation and contracts are available through both free and paid tender search engines. Additionally, suppliers must consider the submission requirements, which include specific documents and information that need to be provided when participating in a tender process.
We’ll be back in the New Year with lots more interesting and informative content, make sure to subscribe to our blog and keep up to date! Julie: So our councils are facing massive financial gaps in their budgets and I’m really proud that over the last year local council procurementteams are stepping up to help them with that.
Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes.
For one European bank, the capability of their internal procurementteam has become a customer benefit that is winning new revenue. Information is captured in one place rather than emails flying around between lots of different people. It struck me that the technology achieves two goals.
In addition, there are several comprehensive guides to green purchasing available online, including from the Nation Association of State Procurement Officials (NASPO). Pursuing a sustainability plan When a procurementteam is committed to green purchasing, there are a variety of strategies that can be considered.
Increasing Transparency and Reducing Administrative Burdens One critical recommendation is to increase transparency in procurement opportunities. Transparency is crucial to ensure that potential suppliers have the same access to relevant information, enabling them to prepare detailed and competitive bids.
Anti-corruption policies further reinforce integrity in procurement, safeguarding public funds and fostering trust in government processes. Together, these governance measures ensure that public sector buyers uphold the principles of fairness, ethics, and accountability.
Giving buyers the proper tools to become key business partners is not a “nice to have” scenario—it is a critical path to managing risk and ensuring success. After the conference, I happened to follow up with a mid-manager who functioned as a liaison between IT and the Procurementteam. Time is Money.
Brian Friel , Co-Founder, BD Squared (confirmed) Kevin Plexico , Senior Vice President, Information Solutions, Deltek (confirmed) David Taylor , Founder & CEO, Federal Budget IQ FAR Council & Beyond Panel: What’s Next? Procurement executives from the FAR Council will discuss the rulemaking process and the role that the Council plays.
We’ll be back in the New Year with lots more interesting and informative content, make sure to subscribe to our and keep up to date! Julie: So our councils are facing massive financial gaps in their budgets and I’m really proud that over the last year local council procurementteams are stepping up to help them with that.
Having more information earlier, and having it presented in a straightforward way at regular intervals, increases everyone’s confidence. Staffing for the core team members and project leadership must flex with the needs of the implementation effort. The same thought process should be extended to the larger procurementteam.
Today, procurement leaders have a seat at the table in e-staff meetings. Procurementteams were just buyers who delivered what other departments told them to buy. Organizations viewed procurement as the bottleneck between what they wanted and when they received it. You have to provide information and reassurance.
The user experience issue emerged in the seventies with the spread of information technology to the masses. Finally, “useful” means that users are able to do more efficient work by automating certain tasks or by having access to information that enables them to make better decisions.
So for the last decade the Procurementteams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’ Is the tax and budget allocation information correct?
The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.
Crafting A Winning Procurement Strategy A proactive approach gives you the edge. Do not rush in the last moments; instead, be prepared with a fully informed game plan, positioning yourself for success. Analyse past procurement trends Winning bids isnt just about what you offer but how you position yourself. The secret?
By addressing these challenges, procurementteams can enhance transparency, ensure compliance, and deliver value for money. Source: [link] The Key Challenges In Public Procurement Regulatory Complexity With the Procurement Act 2023 evolving, procurement is treated with a lot of oversight.
Now we play a major role in this to our programmes of work on our National Collaborative Procurement, Commercial Value for Money programmes and the Single Scottish Estate programme, making a real efficiency and securingsavings for the public sector. A transcript has also been made available at the bottom of the page.
If that doesnt work, contact tdrteam@gsa.gov and include the information you received about the error, how you tried to resolve it, and what further error info you received. The report was provided to Speaker of the House Mike Johnson and Democratic Leader Hakeem Jeffries to inform future Congressional policy making on AI.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content