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Evaluate the Options: Vendor Networks

Procureware

Two leading models are private and cooperative vendor networks. Aggregators Vendor networks come in several forms. Some giant procure-to-pay (P2P) solutions also have vendor networks financed by supplier fees. This type of network offers very little control to the individual procurement organization.

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GSA to cut 577 schedule vendors, 31 SINs

Federal News Network

In all, Federal News Network has learned that GSA expects to save more than $15 million a year through these and other consolidation efforts, which are part of several ongoing initiatives GSA is pursuing to consolidate and make the schedules program more efficient. It moves the needle a little bit.