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billion in costs through categorymanagement in fiscal 2024, nearly 29% above their goal for the year. And while no one would say government purchasing has exactly become simple in the intervening 10 years, categorymanagement and best-in-class contracting have done their share of work toward making things better.
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.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 2: CategoryManagement appeared first on Art of Procurement. “Digital products become a bedrock of all the processes and the transformation that is taking place in the organization.” –Sanjeev.
When the Office of Federal Procurement Policy launched its Better Contracting Initiative in November 2023, leaders promised this time would be different when it came to developing enterprisewide software licenses. GSA says its IT Vendor Management Office is close to finalizing a governmentwide deal with Microsoft.
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.
The Office Of Management and Budget and General Services Administration have been fielding a data integration tool to help contracting officers. Dubbed Co-Pilot, it gathers data from various governmentwide procurement systems, and presents buyers with pricing histories, vendor information and other data to help their decisions.
61 – Number of sustained protests 16% – Percentage of sustained protests, quite a bit lower than last year (due to the CIO-SP4 procurement), but similar to 4 out of the last 5 years. In the prior year a large number of sustained protests were related to a large number of protests of one single procurement. Why Are Cases Sustained?
As part of our ongoing efforts to modernize government IT procurement and management, the Better Contracting Initiative (BCI) has been a cornerstone of our strategy at the Governmentwide IT Program Management Office. The Governmentwide Acquisition Strategy initiative is truly a governmentwide endeavor.
Michael Derrios is the senior procurement executive at the State Department. “It It helps me with categorymanagement. But that is not the panacea for categorymanagement. Agencies tend to protect the contract ceilings of their FFRDC vehicles so that too limited access. We use those.
Best practice financial services procurement capabilities now available for rapid deployment. Redwood City, CA June 25, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for financial services.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 3: Source to Contract appeared first on Art of Procurement. “Organizations have started looking at pain points as challenges to help transform their existing organizations and align them with the.
The post Buyer Power Score – Pest Control Services appeared first on Art of Procurement. The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power.
For the big federal contracts on the horizon in 2024, not a whole lot is changing when it comes to what the government plans to buy. Those are some of the takeaways from Deltek’s annual list of top contracting opportunities. Ashley Sanderson is a senior research manager at Deltek. Absolutely. It’s new construction.
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.
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.
As explained below, this may reflect sustains in a large number of protests of one single procurement. Note that some procurements can be protested by many companies, and each is counted as a separate protest and also a separate decision (sustain, denial, or dismissal). Looking for the latest government contracting legal news?
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supply chain GPO based in St. said Todd Larkin, Chief Operating Officer at Intalere.
As a company that provides education in public procurement , this is perhaps the most common question that arises. similarities of public and private procurement There are many similarities between public-and private-sector procurement practices. In both sectors, demonstrating value for money spent is a key obligation.
Public procurement can shape our world. On 15-16 June, together with the governments of Albania, Italy and the Netherlands, we held a conference on Open and Sustainable Procurement in Europe for about 100 procurement leaders from 25 European countries. There were many, many more great examples to share.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.
The National Health Service (NHS) has been running a centralised model for health care procurement in England for a few years now. This brief written submission responds to the call for evidence issued by the Public Accounts Committee in relation to its Inquiry “NHS Supply Chain and efficiencies in procurement”.
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.
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.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 4: Procure to Pay appeared first on Art of Procurement. “If your data feeds back into your upstream processes, that helps you make better decisions and eventually helps the overall.
The Coalition for Government Procurement is thrilled to announce the 2023 recipients of the Excellence in Partnership (EIP) Awards! Thank you to our members for nominating qualified candidates and continuing to support the EIP Award’s mission of establishing a collaborative and effective procurement system.
He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages. This, he said, was an example of using procurement to drive competitive advantage and revenue. He gave some really useful experienced-based insight into managing a transformation. Rogers had no less than 10 (!)
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supply chain GPO based in St. About Consus.
The post Escaping the Services Procurement Comfort Zone appeared first on Art of Procurement. “We have to incentivize the supplier to collaborate with us in a way that creates a different way of doing.
The solution will support Intalere’s Supplier Management, eSourcing, Contract Lifecycle Management and transactional procurement processes. has successfully deployed the Ivalua solution suite.
“Procurement needs to be a friend. The post [Pod] Strengthening Your Corporate Culture to Survive Challenging Economic Times appeared first on Art of Procurement. They need to have relationships. Without relationships, the price on a piece of paper.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 1: Understanding the Current State and Mapping Out the Solution appeared first on Art of Procurement. “Some of my favorite transformation success stories involve people who started out saying, ‘Please, don’t talk to me; I don’t.
The 2020 European strategy for data ear-marked public procurement as a high priority area for the development of common European data spaces for public administrations. The procurement data governance framework is now planned to be developed in the second half of 2023.
NITAAC’s three easy-to-use, easy-to-understand, Best in Class (BIC) Government-Wide Acquisition Contracts (GWACs) – CIO-SP3, CIO-SP3 Small Business, and CIO-CS – provide any federal agency, government-wide, with an easy and accessible method for acquiring more effective citizen services or mission delivery.
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!
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. Demo Breakout.
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.
Procurement leaders are being given more and more priorities, he said, but there are obstacles in their way that stop them delivering strategic decision making and real value. So, is AI the light at the end of the tunnel for overworked procurement functions? Alex Saric, the CMO of Ivalua, started with the context for AI.
So I thought it might be good to revisit the topic of account plans, specifically as it relates to federal contracting. Having a well-developed account plan is crucial for focusing your efforts on business development and managing relationships with strategic customers. Monitor the number of protests filed that pertain to the agency.
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 post Calculating the Cost of Convenience in Facilities Management appeared first on Art of Procurement. “Everyone has an opinion about facility services in your buildings, so you’re always trying to accommodate multiple stakeholders and juggle.
The Coalition for Government Procurement would like to thank everyone who attended this week’s Fall Training Conference: “ What is Fair and Reasonable? Your participation played a key role in the dialogue between industry and the Federal Government as we explored the variety of factors that impact a fair and reasonable determination.
So I thought it might be good to revisit the topic of account plans, specifically as it relates to federal contracting. Having a well-developed account plan is crucial for focusing your efforts on business development and managing relationships with strategic customers. Monitor the number of protests filed that pertain to the agency.
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