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Established to spotlight excellence and innovation in the Federal procurement landscape, the EIP Awards honor the remarkable contributions made by individuals and organizations from both government and industry in shaping the acquisition system. He also held weekly townhall meetings where he invited partners and customers provide updates.
Redwood City, CA – October 26, 2020 – Ivalua, a leading global spend management cloud provider, and Consus, a leading global supply chain solutions provider, today announced that Jollibee Foods Corporation (JFC) has successfully deployed Ivalua’s platform to empower its procurement digital transformation, with Consus leading implementation.
Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop categorymanagement strategies. . There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Direct vs Indirect Procurement.
It’s a style of working that produced innovative thinking – but by its nature, could be hit and miss; where “miss” could have a significant negative impact to an organisation’s balance sheet. But now with strategic sourcing and categorymanagement, the process has become much easier to track, monitor and control.
In instances, such as a limited number of potential bidders, a complex procurement or a new or innovative concept a procurement may be posted longer to attract more bidders. Once the Procurement Journey is completed the procurement is passed to the contractmanager for execution. Fleet and Logistics CategoryManager.
Long-standing inefficiencies and legacy systems are being scrutinized, and agencies are under pressure to innovate. The Department of Government Efficiency (DOGE) wasted no time accessing some federal IT systems and scrutinizing contracts. Innovation requires dismantling this model, but agencies need funding to do so.
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