This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To start the conversation about how to better address these challenges, FMM organized the first Regional Policy Dialogue aimed at developing an innovative agenda to transform public expenditure management through smarter procurement practices. In contrast, relational contracting emphasizes cooperation for mutual benefit.
What does this mean for procurement and supplier management? Crucially, it suggests that the dominant model of supplier engagement needs to be collaborative rather than adversarial in nature, at least for key strategic suppliers. However, supplier collaboration is much easier to talk about than implement.
Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. Ivalua’s events have been consistently strong for several years now.
Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. My own contribution was to lead a discussion around collaboration.
New release features AI-powered contractmanagement, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contractmanagement. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. Media Contact.
This one-day event, which runs alongside Procurex Scotland, attracts over 500 cross sectoral buyers, heads of department and contractmanagers responsible for managing the national public procurement expenditure of £14.5+ Plan your day with this handy event planner! billion a year.
With its mix of charm, history, and major public works set to transform its infrastructure for the future, Rome was the perfect backdrop for our event which was all about harnessing our collective knowledge to make procurement more results-driven, transparent, and impactful across Europe. Watch this space!
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. The MAGIC Committee, which created a framework for government and industry collaboration with the GSA regions, held its inaugural in-person event in November 2019.
Limited supplier reach: ERP systems don’t go far enough when it comes to reaching and managing suppliers. There’s often little visibility into supplier performance and risk, limited supplier collaboration and communication, and little or no ability to manage supplier contracts and agreements.
MPIP have worked collaboratively with the Social Security programme since the summer of 2016, providing a team of procurement professionals. Over this period, MPIP has delivered almost two thousand contracts, securing over £40 million in savings and embedding Community Benefits and Fair Work. How has MPIP helped achieve this?
A Guide to ContractManagement Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using ContractManagement software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.
From the sessions and keynotes to the electrifying nighttime events–we want to extend a heartfelt thanks to all our customers, sponsors, partners, attendees, and team for making Ivalua NOW “Breaking New Ground” a huge success. Collaboration is key to a successful solution and we are able to achieve this with innovative partnerships.
A supply chain event can have a massive impact on operations and production quality and leave customers in the lurch, impacting customer satisfaction, revenue, and profits. of cost savings this way, but they can reduce leakage by about 40% with better connected sourcing, contracting and procure-to-pay processes.
From issuing purchase orders to confirming receipt of goods and services, smart contracts can significantly reduce the bureaucracy and paperwork traditionally associated with public procurement. With shared access to a transparent and immutable ledger, parties can conduct transactions directly, without the need for intermediaries.
Getting together to share knowledge and experiences while tackling new challenges is something so fundamental to public procurement and we love to see the collaboration and passion for the profession at these events. Many of the tools procurement teams are searching for (contractmanagement, evaluations, vendor engagement, etc.)
In the beginning, our software was simply a tool to post RFP documents, later we added supplier registration, then online bidding, and finally contractmanagement to our ProcureWare platform. Shared supplier network Very small organizations with infrequent sourcing events may opt for a shared supplier network.
The beautiful Pavilion Gabriel provided an exquisite backdrop to bring together customers, prospects and sponsors in person- what better way to collaborate? We were delighted to see an overwhelming show of support for the event, with a record-breaking turnout!
Covid-19 has exposed barriers to collaboration that most companies tolerate under normal circumstances. Find out if they have a contingency plan in the event something does go wrong with their current business. Chaos from the coronavirus has made clear that procurement & supply chain practices need to get smarter.
Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contractmanagement and supplier management (which includes supplier information, risk and performance management). Either through data analysis or demand from the business–there is a need to execute a sourcing event.
Once a procurement is awarded it moves to contractmanagement whose primary functions are implementation, compliance and issue management. A well written contract is a key enabler of successful contractmanagement as it clearly sets out the expectations of both parties.
It could be weekly or monthly engagements; it could be committing to connect at an annual conference or event (this is great to strengthen and build a mentee’s professional network). This collaborative effort ensures that the procurement landscape remains fair, competitive, and cost-effective.
Once the Procurement Journey is completed the procurement is passed to the contractmanager for execution. This collaborative effort ensures that the procurement landscape remains fair, competitive, and cost-effective. Hobbies include white water canoeing, hiking, travelling and current events.
We strongly encourage you to nominate a deserving colleague or collaborator who has demonstrated their commitment and expertise in the Federal procurement space. To submit a nomination, click here. By sponsoring our mobile event app, your company will gain prime exposure to all conference attendees throughout the entire two-day event.
The National Security Agency’s Cybersecurity Collaboration Center for several years has offered free cybersecurity services to companies in the defense industrial base. In October, the Army announced a pilot program called the Next-Generation Commercial Operations in Defended Enclaves.
On February 28, again at Miller & Chevalier Chartered, we will hold our GSA and VA Schedule Contracting Training for In-House Counsel course. This course is designed for lawyers and contractmanagers with significant contractmanagement and compliance responsibilities with GSA and/or VA Schedule contracts.
Learn how to establish your business, tap into government needs, and bid effectively to win contracts. Dive into the essentials of compliance and collaboration to maximize your success as a government contractor. It’s like a badge of honor, announcing your readiness and capability to take on the contract.
ContractManagement is an essential element of the procurement lifecycle as it helps to mitigate risks, ensure compliance and achieve desired outcomes. It is a structured approach to overseeing contracts from initiation to execution and leads to either termination or renewal. Once drafted the contract needs to be reviewed.
As part of this effort, we are actively building out a robust calendar of events for the coming months, ensuring opportunities for engagement, education, and collaboration on key procurement issues and policies as they continue to evolve. New Webinar: FAS Catalog Platform Transforming GSA ContractManagement, Feb.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content