Inter-American Development Bank

OCTOBER 31, 2024

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

Select GCR

DECEMBER 3, 2024

Key Takeaways Bidding on government contracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. government is the largest purchaser in the world, significantly influencing the purchasing landscape.

Bidding 52

Bidding Government Government Buyers 52

Federal News Network

SEPTEMBER 19, 2024

And really this is all the catalog data that feeds into GSA Advantage, which is really our online shopping site,” Lee said on Federal Monthly Insights — Contract Management Modernization. We generally negotiated those pricing and terms and conditions with our contracting officers.

Procurement 110

Procurement Purchasing Price Negotiation 110

Federal News Network

SEPTEMBER 12, 2024

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. “NIST is the precursor.

Contract 107

Contract Supplier Logistics Efficiency 107

ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers. From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks.

Risk Management 59

Risk Management Supplier Supply Chain Management 59

The Procurement School

JULY 24, 2023

Some government organizations have clear measures and expectations, and systematic approaches to managing contractor performance. This may require a contract amendment, if the solutions agreed upon are significant enough to warrant a change to the contract.

Management 52

Management Consulting Evaluation Public Procurement 52

ivalua

MARCH 16, 2020

Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurement management solutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation. About Körber.

Supply Chain 19

Supply Chain Procurement E-procurement Supplier 19

The Procurement School

FEBRUARY 6, 2024

P rocurement, a critical component of supply chain management, is transforming, driven by the expertise of certified procurement professionals. The impact of such training is significant, leading to more streamlined procurement processes and better decision-making in supply chain management.

Supply Chain 52

Supply Chain Efficiency Procurement Management 52

ivalua

APRIL 6, 2020

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.

Supply Chain 72

Supply Chain Logistics Contract Management Contract 72

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. RFx document posting Today most systems allow bid managers to post RFx documents for retrieval by suppliers. How complex is the process?

Management 40

Management Supplier Bidding Insurance 40

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 105

Price Supply Chain Supplier Procurement Team 105

Tracker Intelligence

FEBRUARY 12, 2025

The contracting authority or government agency sets the rules, picks the best supplier, and ensures everything runs smoothly. It is all a part of supply chain management, making sure the right products and services get to the right place at the right time. E-Procurement It is the digital way of handling public purchasing.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

Mercell

FEBRUARY 25, 2019

This professional community knows that solicitations and contract management are going to be digitalized in the coming years, and appreciates our knowledge and experience in the sector. Current President of NPI National Procurement Institute. During an interactive, productive, day-long discussion we covered: 1.

Procurement 52

Procurement E-procurement Eprocurement Supply Chain 52

The Procurement School

NOVEMBER 24, 2023

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.

Collaboration 52

Collaboration Procurement Purchasing Public Procurement 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Bonfire

APRIL 3, 2023

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.

Eprocurement 52

Eprocurement Strategic Sourcing Supplier Bidding 52

ivalua

AUGUST 28, 2019

27, 2019 (GLOBE NEWSWIRE) — States are becoming more data-driven and value-focused in their purchasing. The report examines purchasing policies and practices in 29 states, weighing factors such as contract management and effective implementation of technology. WASHINGTON, Aug.

Procurement 49

Procurement Government Government Purchasing 49

ivalua

DECEMBER 7, 2022

Ivalua, a global leader in spend management , today announced that bol.com, the largest online retailer in the Netherlands and Belgium, has selected Ivalua’s solution to digitalize its indirect Source-to-Contract (S2C) processes. Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

Strategic Sourcing 52

Strategic Sourcing Retail E-procurement Contract 52

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. Procure-to-Pay.

Supply Chain 52

Supply Chain Collaboration Innovation Supplier 52

Scottish Government Procurement

JULY 2, 2024

Contract Prioritisation – Strategic analysis and developing a forward plan with the Programme enabled MPIP to allocate resources and skills on the key strategic contracts that would facilitate the introduction of the sophisticated digital platforms to enable the new benefits to be launched.

Procurement Team 57

Procurement Team Procurement Public Procurement Collaboration 57

The Procurement School

AUGUST 21, 2024

Instead, departmental staff are expected to successfully manage the process, which is unrealistic. This leaves the more complex technology or infrastructure projects to be better managed by internal operational and engineering staff. Most institutions have been practicing some form of outsourcing for a while.

Procurement 52

Procurement Competitive Bidding Public Procurement Supplier 52

Mercell

DECEMBER 29, 2017

The contract is for delivering and support of the national procurement for a period of 4 years. Negometrix will deliver the software solution, that will be used by all public authorities such as cities, provinces, ministries, hospitals, utilities and others for purchasing goods, services and supplies completely electronically.

E-catalogue 40

E-catalogue E-procurement Procurement Tender 40

Public Contracting Institute

JULY 31, 2024

Understanding the Fundamentals RFPs and RFQs are both tools used in government contracting, but they serve different purposes. An RFP is typically used for complex projects where the agency needs detailed proposals, while an RFQ is more suitable for simpler purchases where price is the primary factor.

Negotiation 52

Negotiation E-procurement Price Evaluation 52

Tracker Intelligence

NOVEMBER 20, 2024

Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management. Analytics can help organisations to identify opportunities for cost savings, improved contract compliance and better procurement strategies.

Efficiency 52

Efficiency Data Procurement Supply Chain 52

ivalua

MAY 15, 2022

Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing. They’re also ramping up usage in contract management. . One of the most important aspects of a business’ success is making the right purchasing decisions. One Tool, Many Challenges.

Finance 52

Finance Procurement Purchasing Supply Chain 52

ivalua

MAY 15, 2022

Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing. They’re also ramping up usage in contract management. . One of the most important aspects of a business’ success is making the right purchasing decisions. One Tool, Many Challenges.

Finance 52

Finance Procurement Supply Chain Purchasing 52

ivalua

FEBRUARY 24, 2021

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Sourcing Innovations: .

Supply Chain 40

Supply Chain Innovation Supplier Collaboration 40

The Procurement School

OCTOBER 22, 2024

These reactions can lead to strict risk management and purchasing policies with overly complicated bid documents and onerous requirements that are imposing on potential SME bidders. Buyers should examine risk management alternatives to bonding and plan to offer quicker payment terms to improve money flow and lower bid cost.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

Federal News Network

AUGUST 20, 2024

And experts said merely withdrawing the technical assessment, which the Navy’s Program Executive Office for Manpower, Logistics and Business Solutions (PEO-MLB) asked for as part of its risk management strategy, doesn’t offset the critical findings. DON ePS will provide standardized, seamless, end-to-end contract management (i.e.,

Procurement 119

Procurement Electronics Contract Evaluation 119

VWV

OCTOBER 8, 2024

Extension of scope of the Act across the procurement and contract lifecycle to include contract management. In practice, this may mean that contracting authorities are likely to favour procuring through frameworks or dynamic purchasing systems during the transitional period.

Supplier 52

Supplier Procurement Tender Transparency 52

VWV

OCTOBER 15, 2024

Transitional provisions With this delay, any procurements of new contracts, including frameworks and dynamic purchasing systems (DPS), that begin before February 24, 2025, will continue to be governed by the Public Contracts Regulations 2015. 3 and Transitional and Saving Provisions) (Amendment) Regulations 2024.

Procurement 52

Procurement Supplier Tender Procurement Strategies 52

Government Contracts Legal Forum

DECEMBER 14, 2023

As part of its supply chain management framework, the Government relies on contractors at every tier to “flow down” mandatory FAR and DFARS clauses to their lower tier contractors.

Supply Chain 40

Supply Chain Purchasing Contract Management Contract 40

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.

Public Procurement 52

Public Procurement Total Cost of Ownership Budget Collaboration 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing 52

Manufacturing Supply Chain Procurement Supplier 52

The Procurement School

JANUARY 22, 2024

Once a procurement is awarded it moves to contract management whose primary functions are implementation, compliance and issue management. A well written contract is a key enabler of successful contract management as it clearly sets out the expectations of both parties.

Procurement 40

Procurement Procurement Contracts Bidder Contract 40

The Procurement School

DECEMBER 19, 2022

Make minor edits to solicitation documents from a previous similar purchase and issue. Start with the solicitation template, using the previous solicitation and contract as references only. Meet with those directly involved to understand the current challenges and how needs have changed since the previous purchase.

Supply Chain 52

Supply Chain Buyers Budget Quality 52

ivalua

OCTOBER 28, 2022

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. After they designed, built, and deployed the solution, they could register hundreds of suppliers within hours of launching. A Path Forward.

Public Procurement 52

Public Procurement Procurement Procurement Team Bidding 52