The Procurement School

MAY 12, 2023

The answer is to develop a contract management plan that includes strategies for: Establishing a positive relationship between the owner (or buyer) and the contractor; Identifying problems early; and Adapting for unexpected. Contractors need to understand the quality measures that the owner will apply to the services and deliverables.

Contract Management 52

Contract Management Management Contract Quality 52

Tracker Intelligence

AUGUST 16, 2024

It is a favourite for businesses who want high-quality tender opportunities because of its comprehensive coverage and user-friendly interface. A good profile makes it easier for your clients to trust you, which will likely attract more buyers. One example is Tracker Intelligence, which stands out among other private-sector platforms.

Tender 52

Tender Bidding Competitive Bidding Buyers 52

The Coalition for Government Procurement

OCTOBER 25, 2024

The General Services Acquisition Regulation (GSAR) and the Federal Acquisition Regulation (FAR) set forth the policies and procedures for the evaluation and negotiation of “fair and reasonable” contract level pricing under the Federal Supply Schedule (FSS) program. The Federal Supply Schedule is not a mandatory source of supplies.

Negotiation 40

Negotiation Price Government Government 40

ivalua

APRIL 6, 2021

The complete contract lifecycle management process includes a contract request or initiation, authoring, negotiation/redlining and approval stages, execution and signature as well as obligation monitoring, renewals, amendments and expiration. Why is it Important to Manage Contracts? Usage of approved language helps to speed up approvals.

Management 52

Management Contract Contract Management Supply Chain 52

Select GCR

APRIL 26, 2024

From initial market research to contract negotiation and performance, we stand by your side to navigate complexities and capitalize on opportunities. One key aspect of our program is teaching you how to effectively nurture relationships with government buyers and prime contractors.

Government 102

Government Government Government Contracts Media 102

ivalua

APRIL 12, 2019

A recent Ivalua study with Forester identified capacity being consumed by operational and manual activities as one barrier, along with a lack of contextual access to insights, and poor data quality as other blockers. So, is AI the light at the end of the tunnel for overworked procurement functions? Will AI decimate procurement roles?

Supplier 70

Supplier Capacity Procurement Team Procurement 70

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers.

Supplier 52

Supplier Management Collaboration Supply Chain 52

Procureware

NOVEMBER 16, 2017

Their performance is crucial to achieving your financial, performance and quality objectives, and a poor supplier creates risks for everything from budget overruns to missed schedules and liability lawsuits. Among them are aggregators that bring together buyers and sellers.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. . Direct vs Indirect Procurement.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

NOVEMBER 5, 2015

Throwing drawings over the fence when it is time to quote means your design is locked down and gives buyers little negotiation power for sourcing alternatives. . As an organization you need a system of record not only for capturing supplier capabilities but for reporting on other quality metrics with ongoing frequency as well. .

Supplier 40

Supplier Management Supply Chain Buyers 40

ivalua

MAY 15, 2019

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer. Machine reading comprehension technologies enable us to do this automatically and much faster.

Data 60

Data Management Contract E-procurement 60

ivalua

MAY 15, 2019

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer. Machine reading comprehension technologies enable us to do this automatically and much faster.

Contract 58

Contract E-procurement Data Management 58

Kluwer Arbitration

MARCH 30, 2024

All in all, the panelists agreed that the increasing use of mediation and negotiation imply a change of mindset within Brazil, although there is still much room for growth. As exposed by Mr. Adell, starting at the negotiation stage, there are several situations that could lead to a dispute, such as breach of confidentiality or exclusivity.

Efficiency 52

Efficiency Negotiation Buyers Price 52

ivalua

DECEMBER 19, 2018

In recent years, the company has been consistently implementing advanced technological solutions, thus improving the quality, safety and effectiveness of its operations. The Ivalua solution will automate some of the processes – proceedings, negotiations and approval of contracts as well as invoicing.

E-procurement 40

E-procurement Tender Supplier Buyers 40

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

The Procurement School

AUGUST 11, 2023

Part of the outcome for assessing efficiency is to determine the appropriate level of resources to support the function and the quality of the work, which becomes a benchmark. ERP systems are requisite tools in a global market which enable more buyers and sellers to engage in contracting opportunities.

Efficiency 52

Efficiency Balance Procurement E-procurement 52

ivalua

FEBRUARY 24, 2021

Out-of-the-box integration to Tealbook now enables customers to discover new suppliers with a single click and access a high-quality source of supplier information. Ivalua streamlines the process of building, quoting, and analyzing supplier proposals. Now, customers can create and iterate on a draft contract during an RFX.

Supply Chain 40

Supply Chain Innovation Supplier Collaboration 40

ivalua

JUNE 1, 2022

However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects. In addition, quality is the cornerstone of the food and beverage industry and effective sourcing and forecasting is crucial to their operational success.

Finance 52

Finance Supply Chain Procurement Supplier 52

The Coalition for Government Procurement

JUNE 6, 2024

Identifying agency commitments will incentivize industry to compete for the BPA and improve the quality of any responses submitted. Through working with PPH over the past two years, members have learned how service dogs play an important role in veterans’ healthcare and quality of life. Virtual attendance will also be available.

Procurement 52

Procurement Data Strategic Planning Management 52

Select GCR

SEPTEMBER 3, 2024

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.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Select GCR

FEBRUARY 25, 2025

Showcasing your track record reassures government buyers of your capability and reliability, making your proposal more persuasive and competitive. If selected, contractors may enter a negotiation phase to finalize terms and conditions before the contract is awarded.

Government Contracts 52

Government Contracts Bidding Government Government 52