Select GCR

SEPTEMBER 3, 2024

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.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

The Procurement School

AUGUST 11, 2023

We know that issuing a formal purchase order to buy a low-cost item and make a payment through accounts payable is not a good use of resources. Leading private sector organizations use ROSMA to look at the value-add by a procurement team but it has applications for public sector as well. Efficiency metrics examples 1.The

Efficiency 52

Efficiency Balance Procurement E-procurement 52

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams 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!’ There are exceptions to every rule, and that rule just doesn’t work.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

FEBRUARY 8, 2023

Procurement teams 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?

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

MARCH 9, 2023

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.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

AUGUST 17, 2021

An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. Both are essential to the success of every business.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.

Supplier 40

Supplier Automotive Supply Chain Data 40

Bonfire

MARCH 24, 2022

Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. Before joining the team, I was a consulting engineer for a small firm and part of my job was submitting RFX responses to the public sector. What’s next?

Eprocurement 52

Eprocurement Public Procurement Procurement Procurement Team 52

American City & Country

AUGUST 28, 2024

This report encouraged governments big and small to improve the “environment content” of their purchasing policies. As environmental issues have become more important to governments and administrations within the last few decades, it has gotten easier to identify ways to leverage purchasing to support these goals.

Sustainability 69

Sustainability Purchasing E-procurement Procurement 69

ivalua

OCTOBER 1, 2019

Expectations will be different for our procurement optimisation solutions and will depend on whether the user is an experienced buyer, an occasional requestor or a Procurement Director. The user experience will vary according to the user’s business profile. However, mobility is not the only factor. The stakes are broader.

Procurement 40

Procurement E-catalogue E-procurement Supplier 40

The Coalition for Government Procurement

SEPTEMBER 26, 2024

The FIT Act would authorize agencies to make advanced payments for cloud computing services, increase the simplified acquisition threshold from $250,000 to $500,000 and the micro-purchase threshold from $10,000 to $25,000, and require Federal procurement officers to take cross-functional training.

E-procurement 52

E-procurement Procurement Price Contract 52

Bonfire

MARCH 29, 2022

Crown corporations purchase a variety of goods and services, from professional services to technology to general goods. If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. The end goal is to drive purchase prices down for the buyer.

Procurement 52

Procurement Eprocurement Purchasing Participation 52