Inter-American Development Bank

OCTOBER 31, 2024

Rethinking Contract Management is Key for Smart Procurement Achieving smarter procurement requires a delicate balance of incentives and oversight. To achieve this, governments need to rethink how they do and manage contracts, meaning that contract designs should align with the complexity of transactions.

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

The Procurement School

JULY 16, 2024

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.

Efficiency 52

Efficiency Procurement Contract Supplier 52

Select GCR

NOVEMBER 12, 2024

They are responsible for managing the entire project, including hiring subcontractors, coordinating tasks, and ensuring compliance with federal regulations and contractual obligations. This article will explore what is prime contractor roles, responsibilities, and the importance of prime contractors in government projects.

Government Contracts 52

Government Contracts Contract Bidding Participation 52

ivalua

MARCH 16, 2020

Over thirty locations worldwide will benefit from the implementation of the software for strategic and operational purposes, including Supplier Lifecycle Management, Source to Contract (S2C), Contract Management and Requisition to Pay (R2P).

Supply Chain 19

Supply Chain Procurement E-procurement Supplier 19

Federal News Network

OCTOBER 20, 2023

It also breaks down the long-standing regional contracting structure that supported the MAS program. The new FAS structure provides an opportunity to increase transparency through sustained engagement with industry in this important area. Third, the alignment provides an opportunity to improve data management.

Negotiation 97

Negotiation Price Transparency Data 97

Select GCR

DECEMBER 3, 2024

Additionally, having a solid accounting system that adheres to generally accepted accounting principles is essential for maintaining compliance and ensuring successful contract management. Finding Government Contract Opportunities Finding the right government contract opportunities is a crucial step in the bidding process.

Bidding 52

Bidding Government Government Buyers 52

Government Contracts Legal Forum

NOVEMBER 8, 2023

It is encouraging to see that the Board continues to have a high percentage of successful contractor appeals, but these statistics also show that the Board’s ADR program remains an important tool to successfully resolve disputes at the ASBCA. View the full article

Logistics 52

Logistics Contract Management Engineering Government Contracts 52

ivalua

OCTOBER 29, 2019

If they needed contract management, they put a contract management system in place. If they needed an ERP system or a workforce management system, they would define their requirements and either select a system to implement or build their own. . The time to take the first step is now.

Retail 58

Retail Transparency Bidding End to End 58

ivalua

MARCH 24, 2022

Further, suppliers play a pivotal role in innovation, ESG, risk management, quality, supply continuity, and many other critical organizational functions. Ivalua is honored to be recognized in this important evaluation covering a broad range of Procurement and Supply Chain processes.

Supplier 52

Supplier Management Supply Chain Media 52

The Coalition for Government Procurement

MARCH 1, 2024

This week, the Coalition for Government Procurement held two important training courses for our members – MAS Basic Training: The Nuts & Bolts and GSA and VA Schedule Contracting Training for In-House Counsel.

Participation 52

Participation E-procurement Ethics Supply Chain 52

ivalua

JUNE 16, 2021

MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Governmental support will also be an important factor.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

The Procurement School

NOVEMBER 24, 2023

How is the contract managed post award throughout the life of the contract. Consider what are the touch points with the supplier and how are the key performance indicators reported back to members to demonstrate contract value and success. And maybe most importantly to what’s in it for me and my entity?

Collaboration 52

Collaboration Procurement Purchasing Public Procurement 52

Federal News Network

SEPTEMBER 26, 2023

But in the meantime, they have to make sure that they have their in-place contracts managed properly for a potential shutdown. Larry Allen So I think one of the biggest things that’s important to understand, Eric, is that the shutdowns don’t happen all at once. That’s important to remember too.

Government 87

Government Government Whistle-blowing Government Contracts 87

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Contract Management: The piece that connects the upstream and the downstream, where value starts being captured.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Bonfire

APRIL 3, 2023

Contract management frustration: ERP systems might have basic contract management capabilities, but they can’t handle the whole contract lifecycle, from creation to execution and renewal. Procurement software offers a one-stop solution that covers the whole range of contract management challenges.

Eprocurement 52

Eprocurement Strategic Sourcing Supplier Bidding 52

The Procurement ClassRoom

JUNE 22, 2024

Understanding the Responsibility According to the “Guide to Contract Management Body of Knowledge (CMBOK),” 7th edition, 2023, “ Contract administration encompasses the duties and tasks required to administer a contract from award to closeout.”

Contract Administration 59

Contract Administration Contract Tender Procurement 59

ivalua

FEBRUARY 24, 2021

Improved Supplier Diversity and Inclusion – With corporate social responsibility growing in importance, customers can more easily manage Minority and Women-Owned Business Enterprise (MWBE) classification and credentials. Now, customers can create and iterate on a draft contract during an RFX. Sourcing Innovations: .

Supply Chain 40

Supply Chain Innovation Supplier Collaboration 40

ivalua

NOVEMBER 23, 2020

Even so, the experience of the past eight months has driven home some important lessons about procurement – both strengths and weaknesses – that are likely to apply well past the time that the virus itself finally subsides. Agility in the supply chain has become more important than ever. . Supply chains have been badly disrupted.

Supply Chain 52

Supply Chain Supplier Risk Management Evaluation 52

Tracker Intelligence

NOVEMBER 14, 2024

This blog looks to address the role and importance of driving long-term sustainability and supporting the development of a circular economy. These attributes can be linked to creating key performance indicators that leverages sustainability factors and contract management. What Are Sustainable and Circular Procurement Practices?

Sustainability 52

Sustainability Procurement Supply Chain E-procurement 52

Public Contracting Institute

JULY 31, 2024

Proper contract administration and closeout are crucial for successful project completion. Our Government Contract Administration course and Commercial Item Contracting webinar series can help you navigate the complexities of post-award contract management.

Negotiation 52

Negotiation E-procurement Price Evaluation 52

The Procurement School

FEBRUARY 6, 2024

We will uncover how their expertise contributes to supply chain management’s efficiency and success. The Importance of Certification in Procurement Certification in procurement stands as a critical element for professionals in this field. Let us guide you in navigating the complexities of procurement and contract management.

Supply Chain 52

Supply Chain Efficiency Procurement Management 52

ivalua

JANUARY 24, 2022

Alex, how important was data during and after the pandemic? We don’t want processes to keep us from moving up the value chain and we see the importance of partnering with our suppliers to provide a high level of visibility that our stakeholders are demanding. Can you elaborate on the importance of building a solid data foundation?

Data 52

Data Procurement Supply Chain Supplier 52

The Procurement School

JANUARY 22, 2024

Many times, an awarded technical procurement is given to a generalist to implement and it is important that they understand the procurement requirements. Once a procurement is awarded it moves to contract management whose primary functions are implementation, compliance and issue management.

Procurement 40

Procurement Procurement Contracts Bidder Contract 40

ivalua

OCTOBER 28, 2022

Why is modernizing these processes and tools so important? . This bill sends plenty of money to the state and local governments–but along with these allocations comes solicitations, procurements, contracts, deadlines, reporting requirements, and other overhead. Total estimated infrastructure bill allocations: Source.

Public Procurement 52

Public Procurement Procurement Procurement Team Bidding 52

Procureware

FEBRUARY 21, 2018

In the beginning, our software was simply a tool to post RFP documents, later we added supplier registration, then online bidding, and finally contract management to our ProcureWare platform. This list can help you determine which features and capabilities are most important for your procurement process.

Management 40

Management Supplier Bidding Insurance 40

The Procurement School

AUGUST 21, 2024

The cost of outsourcing the services is offset by benefits of lower costs for goods and services; improved contract management; the ability to meet fluctuations in operational priorities; access to advisory services; and objective decisions void of potential conflicts. Outsourcing is getting attention.

Procurement 52

Procurement Competitive Bidding Public Procurement Supplier 52

VWV

OCTOBER 15, 2024

Understanding how this will work will be important for both contracting authorities and suppliers. Engaging stakeholders from legal, finance, and contract management teams early in the process is advisable, as obtaining necessary approvals can often take longer than anticipated.

Procurement 52

Procurement Supplier Tender Procurement Strategies 52

The Coalition for Government Procurement

APRIL 12, 2024

Todd, who also served as the Chief Architect and Designer of the highly successful ASTRO program, demonstrated his understanding of the importance of government and industry relationships, as evidenced by his client partnerships with the Army, Navy, Air Force, and others that resulted in billions of dollars of revenue transacted efficiently.

E-procurement 64

E-procurement Sustainability Procurement Collaboration 64

Public Contracting Institute

JULY 12, 2024

In the complex world of government contracting, managing risks associated with subcontractors is a critical skill that can make or break your project’s success. At Public Contracting Institute , we understand the challenges contractors face when dealing with subcontractors.

Management 52

Management Government Government Quality 52

Open Contracting Partnership

SEPTEMBER 19, 2024

As the University of Nottingham’s Anna Maria La Chimia pointed out, it’s often workers on insecure, zero-hours contracts.

Procurement 67

Procurement Public Procurement E-procurement Transparency 67

Tracker Intelligence

SEPTEMBER 30, 2024

federal government awarded a total of $759 billion in public sector contracts , representing a $33 billion increase from the previous year. This emphasises the importance of being on the right framework agreements for suppliers. Suppliers are so focused on meeting deadlines that they forget to attach or misplace important documents.

Procurement 52

Procurement Framework Agreement Tender Supplier 52

ivalua

AUGUST 17, 2021

Of course, it is important for procurement teams to do this across all spend categories, including direct and indirect spend, which at a high or simplistic level breaks down all of an organization’s spend. Both are essential to the success of every business.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

The Procurement School

MAY 27, 2024

Risk Sharing versus Transfer Traditional Contract Management and Project Delivery methods in Public Sector often transfer risks down the chain away from the Owner to the General Contractor, and so on, down the line to Sub-Contractors. Trust but verify” is a long-held saying that offers good advice worth following.

Public Procurement 52

Public Procurement Total Cost of Ownership Budget Collaboration 52

ivalua

NOVEMBER 29, 2022

Savings Leakage: This new metric tracks the gap between identified and realized savings, and results from things like poor contract management and flawed supplier onboarding. of cost savings this way, but they can reduce leakage by about 40% with better connected sourcing, contracting and procure-to-pay processes. Risk Metrics.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

Public Contracting Institute

MAY 18, 2024

Understanding FedRAMP FedRAMP, or the Federal Risk and Authorization Management Program, is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.

Contract 52

Contract Government Contracts Price Contract Administration 52

Bonfire

SEPTEMBER 1, 2022

Many of the tools procurement teams are searching for (contract management, evaluations, vendor engagement, etc.) We talked with many attendees about challenging the idea that procurement needs to go through an ERP and the barriers to moving towards purpose-built solutions. simply don’t exist in ERPs.

Public Procurement 52

Public Procurement Procurement Team Procurement Bidding 52

Kluwer Arbitration

MAY 6, 2024

In this regard, he remarked that construction disputes were one of the most prominent disputes involving PSUs and often arose from issues starting at the contract formation stage and continuing through the actual performance of the contract and into the pre-arbitration phase.

Import 52

Import Finance Capacity Contract 52