Remove Contract Management Remove Import Remove Purchasing
article thumbnail

What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

article thumbnail

Strategies for Designing a Contract Management Plan

The Procurement School

Author: Liz Busch Planning for a procurement should consider the entire procurement lifecycle, including contract management and close-out. However, it’s difficult to anticipate everything that may occur after the contract is signed – how does one plan for the unpredictable? Instead, do some research (e.g.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. For LAC countries, digital technologies can be an important ally in achieving this balance.

article thumbnail

How to Bid on Government Jobs: A Practical Guide

Select GCR

government is the largest purchaser in the world, significantly influencing the purchasing landscape. Federal agencies, through their extensive procurement needs, offer a myriad of contracting opportunities for businesses. A contractor’s past performance can significantly impact eligibility for future contract opportunities.

Bidding 52
article thumbnail

Körber strengthens strategic and operational procurement with Ivalua and OptiBuy

ivalua

The project to implement the cloud-based platform is led by OptiBuy, a consulting company specialising in procurement management and the implementation of IT solutions. Körber’s purchasing and supply chain management organisation is responsible for all procurement processes.

article thumbnail

The ins and outs of Collaborative Procurement

The Procurement School

Navigating the public procurement process can be challenging enough then add in Buying Groups, GPO’s or group purchasing organization, collaborative procurement initiatives, purchasing networks, collaborative sourcing partners, they go by so many names. How is the contract managed post award throughout the life of the contract.

article thumbnail

Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

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.