article thumbnail

With a lot to chase in 2024, fewer federal contractors are chasing an increasing number of federal dollars

Federal News Network

There’s the category management push, right? So if you look at architecture, engineering and construction requirements, there’s a lot more that’s coming out now with the infrastructure bill where you have to use particular materials. That’s definitely what we’re seeing. You have CMMC now.

article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

But according to Kunnummal, to achieve true supply chain resilience and maintain it over the long-term, processes must emphasize speed and transparency, and that requires leveraging platform-driven workflows that complement and standardize investments in process re-engineering.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is eProcurement?

ivalua

Rules and workflow engines automate this part for you. Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management. Alerts inform you of any deviation which allows you to set up mitigation plans and follow up on corrective actions.

article thumbnail

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

One such organization was Navistar, a leading manufacturer of commercial trucks, busses and proprietary engines that recently participated in a series of CPO interviews conducted by Ivalua and Art of Procurement. Making processes transparent enables everyone along the supply chain to react quickly.

article thumbnail

8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

One such organization was Navistar, a leading manufacturer of commercial trucks, busses and proprietary engines that recently participated in a series of CPO interviews conducted by Ivalua and Art of Procurement. Making processes transparent enables everyone along the supply chain to react quickly.

article thumbnail

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: .

article thumbnail

The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. This means category managers must work with suppliers much differently and evaluate them based on a wider array of factors. Does your organization collaborate well internally across functional teams?