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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. Two leading models are private and cooperative vendor networks. Aggregators Vendor networks come in several forms.
FAS is actually forced to consider this metric because its one of 12 key performance indicators of acquisition quality that FAS’ performance is measured against. Basically this streamlines for purchase card holders the buyingprocess to access commercial online marketplaces,” Lee said.
GSA to Rightsize MAS Program Through Vendor and SIN Removals Federal News Network reports that as part of the General Services Administrations (GSA) efforts to right size the Multiple Award Schedule (MAS) Program , it is removing vendors that have not met their sales quota within the last year or had performance and compliance issues.
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.
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