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Federal Monthly Insights - ContractManagement Modernization - 9/24/2024 [link] Download audio The State Department is embarking on a transformation in how it performs acquisition. It’s moving to a categorymanagement approach, organizing procurement around the primary categories of spend.
ContractManagement is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contractmanagement and its role in procurement efficiency.
Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. JFC leverages only best-in-class processes and technologies, with its full operational procurement system used over the years to support its rapidly growing store network in the Philippines.
What does Procurement mean? 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.
Author: Graham Allen There are many similarities and differences between public and private procurement. However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. A solid procurement like a good building begins with a strong foundation which takes time to build properly.
Creating Lasting Value Across Your Source-to-Contract Process. The source-to-contract process is where Procurement identifies and creates value for their organization. Strategic categorymanagement. Streamlining contract creation and cycle times. Improving sourcing decisions and outcomes with optimization.
The Coalition for Government Procurement is thrilled to announce the 2023 recipients of the Excellence in Partnership (EIP) Awards! This year, we received nominations across four categories: Lifetime Acquisition Excellence , Acquisition Excellence , Sustainability/Green Excellence , and Advocating for Veterans.
What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. Efficient warehouse management.
It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April. But now with strategic sourcing and categorymanagement, the process has become much easier to track, monitor and control. Register here for Ivalua NOW Paris.
The Coalition for Government Procurement would like to thank everyone who attended and participated in this week’s Spring Training Conference – What is Fair and Reasonable, Part 2: Let’s Continue the Dialogue!
Author: Graham Allen In the second of two parts of “Navigation the Five Steps of the Procurement Journey” we’ll be covering posting, evaluation, award and close out. Step 3 Posting Once the procurement document is developed and approved it is posted online for bidders to respond. The RFx may include a bidder information session.
Author: Graham Allen It is often said, “… working in public procurement is akin to being in a fish bowl with the cat watching.” This is an indication of the level of transparency and accountability required by public procurement professionals. Preparation Each procurement is technically a legal case waiting to happen.
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