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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

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Contract Management’s Impact on Procurement Efficiency

The Procurement School

Contract Management 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 contract management and its role in procurement efficiency.

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DLA turns to automation for head-start on incorporating CMMC requirements in contracting

Federal News Network

Federal Monthly Insights — Contract Management Modernization — 09/10/2024 [link] Download audio Defense contractors aren’t the only ones preparing for the launch of the Cybersecurity Maturity Model Certification 2.0. We’re also leveraging new technology to improve contracting efficiency.”

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. contract compliance, procurement cycle efficiency). Prior purchase data is also used for demand forecasting improving resource management and operational efficiency.

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The FAS realignment: Opportunities for “dead easy?”

Federal News Network

It also breaks down the long-standing regional contracting structure that supported the MAS program. Creating consistency across the program based on sound application of the rules will increase efficiency and reduce costs for FAS. PAP 2021-05, Evaluation of FSS Program Pricing, is one such example.

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Understanding Contractual Rights and Obligations During a Crisis

ivalua

This could mean that organizations may not receive their goods or services, or a declaring agency reserves the right to change the conditions of purchase, work procedures, price, lead-time, surcharges, business operations and obligations in response to the circumstances.

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How Do I Get Government Contracts: A Practical Guide

Select GCR

Using these databases, businesses can efficiently locate federal contracting opportunities and position themselves for success. State and Local Contract Portals State and local government contracts are vital for small businesses looking to expand their markets.