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It contains some important insights for how GAO bid protest numbers have changed from prior years. One important point about the GAO bid protest process: GAO met its 100-day deadline to process a bid protest in all cases. This report is GAO’s summary of bid protests for the previous fiscal year. Why Are Cases Sustained?
Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to categorymanagement and strategic sourcing. The answer is simple – automation.
Through Ivalua’s EIC, emissions data can be imported from recognized third-party emissions data sources or directly from suppliers; the data is then combined with other information such as environmental risk scores, policies, published targets, or certifications.
The importance of that is it kind of helps us have an idea of what we’re looking at for the coming fiscal year. There’s the categorymanagement push, right? But these are each one of these is unrestricted. Ashley Sanderson Each one of these is unrestricted, which is important just to take a step back.
Why is visibility so important? Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Work to achieve 100% supply chain visibility.
It helps me with categorymanagement. But that is not the panacea for categorymanagement. Along with FFRDCs, Derrios remains optimistic that Congress will grant State another important acquisition tool: The authority to use other transaction agreements (OTAs). How do we aggregate the demand?” We use those.
Someone that has experience being a categorymanager for the interior of trucks might deliver a fresh new take on designing kitchens. While it’s important to have the big picture, you can’t expect to predict the exact demands facing you as a Procurement professional 5 years from now. Dare to mix it up. Stay flexible.
One important point about the GAO bid protest process: GAO met its 100-day deadline to process a bid protest in all cases. And, categorymanagement has been pegged by some as resulting in a decrease in overall contracts, as more contracts are pushed to government wide acquisition contracts (or GWACs).
Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant categorymanagement. This is important to maximize the adoption of the tool and eventually of the process. It is key to avoid maverick spend.
Contract Management contributes to procurement efficiency as it helps, but does not always guarantee, contract compliance, reduced costs and improved vendor performance. For a more complete description of Contract Management process click here Clear Language Clear and precise contract terms and conditions are important in contract management.
George held several leadership positions within the agency, including Regional Commissioner of the Greater Southwest Region, and he served as the inaugural Government-wide CategoryManager for Industrial Products and Services.
Ivalua’s BOM Lifecycle Manager enables teams managing direct materials spend to work collaboratively to design and deliver products that meet quality requirements, delight customers, and yield maximum profitability.
No wonder no other objective increased in importance more according to Forrester Consulting’s study on restoring growth , with 65% saying it increased. Effectively categorymanagement, including assessing and monitoring suppliers and your risk exposure, is not possible without quality data. Extend visibility into sub-tiers.
Services spend is becoming an increasingly important strategic category for procurement to manage as more and more businesses rely on. The post Analyzing the Global State of Services Procurement appeared first on Art of Procurement.
It’s easy to think that in this world of access to information, being able to forecast, anticipate and, most importantly, The post Questions that Lead to Answers, the Category Insight Challenge appeared first on Art of Procurement.
Soft skills and leadership are key enablers for procurement teams and are as important as technological competence. But much of the talk had been around transactional or analytical work – did the panel see the scope for AI supporting more strategic work, such as categorymanagement and sourcing?
The final keynote of the day came from Mike Kalmar, describing the procurement transformation he led as SVP of Procurement and Supply Chain Management at Rogers Communication, the huge Canadian telecoms / media firm (it also owns most of the professional sports teams in Toronto!).
Why is visibility so important? Because Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Set expectations with suppliers.
Why is visibility so important? Because Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Set expectations with suppliers.
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: .
Most organizations could do a better job of assessing the risk of their suppliers, particularly through the lens of a category. Categorymanagers should assess the level and types of risk of each supplier within a category selecting two or more suppliers with diverse risk profiles, thereby building in some resilience. .
demand aggregation As one strategy for meeting this obligation, both sectors look for opportunities for volume buying or ‘demand aggregation’ wherever possible and often approach strategic sourcing from a categorymanagement perspective. where do public sector procurement rules come from?
Maximizing the essential components of an agency account plan involves: Developing a Comprehensive Understanding of the Agency Steps included in understanding an agency include: Gaining a comprehensive understanding of the agency’s overall spending further analyze the spend by NAICS, PSC, or CategoryManagement Codes.
Others may still be applied to help businesses better manage the effects of the crisis. Before diving into specifics, I feel it is important to note how the crisis has emphasized the importance of Procurement / Supply Chain leaders having a balanced set of objectives. Balance Procurement Objectives. Yes, cost still matters.
It will most likely be delayed, but that is not very important in the long run—especially as the already accrued delays are the ones that pose a significant limitation on the adequate rollout of the PPDS (see below 6). The two bottom layers, and in particular the data layer, are the ones doing all the heavy lifting. prices) ’ (at 7, fn 17).
Among many other concerning issues, the report highlighted how, despite the fundamental importance of measuring savings, ‘ NHS Supply Chain has used different methods to report savings to different audiences, which could cause confusion.’ SCCL coordinates a series of ‘Category Tower Service Providers’ (CTSPs), as listed in the graph below.
Maximizing the essential components of an agency account plan involves: Developing a Comprehensive Understanding of the Agency Steps included in understanding an agency include: Gaining a comprehensive understanding of the agency’s overall spending further analyze the spend by NAICS, PSC, or CategoryManagement Codes.
Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. This means categorymanagers must work with suppliers much differently and evaluate them based on a wider array of factors. I cannot emphasize enough how important it is to capture the tribal knowledge of your most tenured people.
Through working with PPH over the past two years, members have learned how service dogs play an important role in veterans’ healthcare and quality of life. Legal Corner: Senate Bill Would Require Several Important Updates to the Way the US Federal Government Acquires Technology Authored by Evan C. Williams and Howard W.
In fact, as you know, Laura Stanton, who runs the GSA affairs, is ITC organization is the governmentwide categorymanager for technology products and services. So supply chain risk management and elimination becomes a very important discipline. Because I mean, it is one government. Sonny Hashmi Absolutely.
Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs. It is important that key subject matter experts (SMEs) are involved with the planning of the project.
Many times, an awarded technical procurement is given to a generalist to implement and it is important that they understand the procurement requirements. Meetings should be multi-lateral to include representatives from operations, supply chain and senior management. Fleet and Logistics CategoryManager.
When you look at it from a taxpayer standpoint, categorymanagement or, you know, bundling or consolidating, consolidating, buying power makes a whole lot of sense from a tax payer standpoint. The sales cycle in the federal marketplace has gotten longer for a number of different reasons.
As part of this effort, OFPP proposed a new circular in November, which would establish a new acquisition data management policy that would require agencies to create policies, processes and tools for acquisition data sharing. Part of that effort means improving the management of software purchasing.
Cybersecurity Panel (CMMC, Cyber Threat Reporting, and More) As we all know, cybersecurity is of paramount importance in today’s interconnected world. In an era where cyber threats are constantly evolving and becoming more sophisticated, it is important to keep up with the most recent policies and practices.
Check out CIO-SP3 with its 137 labor categories and ten task areas, CIO-SP3 Small Business with depth in five socioeconomic categories, or CIO-CS for IT Commodities and As-A-Service Solutions. But, even more importantly, the designation will result in even further cost savings for our agency partners.
We think the trend is driven primarily by categorymanagement policies within the federal space, which is leading agencies to either rely on existing governmentwide contracts for procuring goods and services, rather than issuing their own agency specific contracts, or they’re consolidating their existing contracts into one large opportunity.
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