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Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts. Whether it’s dealing with supplychain disruptions or pivoting in response to new regulations, being flexible in your procurement strategies is essential.
This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and managecontracts in one place.
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. About Ivalua. Learn more at www.ivalua.com.
As more public policy objectives make their way into the world of acquisition — supplychain, cybersecurity, sustainability, domestic and socioeconomic sourcing requirements, to name a few — GSA is trying to bake those into acquisition vehicles up front so agencies have an easier time complying.
The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supplychain chaos. MENA countries import a lot of food; disrupted supplychains and price increases mean potential food shortages. Enter eProcurement.
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.
How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supplychain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms. Let’s explore further.
Retail and tech expert Greg Petro says that, “ while the supplychain moves at a snail’s pace, the consumer is moving at the speed of light… the “see now, buy now” economy is here to stay”. It requires appropriate inter-personal and behavioural skills, as well as traditional skills such as commercial understanding and negotiation.
Creating fuller visibility into supplier risks, Amrest has the power and intel to switch localizations or deliver from different warehouses, creating a stronger supplychain. . This process can also carry over into the supplychain where Amrest needs visibility and the full strategic payments process to identify key suppliers.
ContractManagement 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 contractmanagement and its role in procurement efficiency.
GSA & VA Schedule Contracting Training for In-House Counsel, October 29 On October 29, we will host our “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel. To register for the GSA & VA Schedule Contracting Training for In-House Counsel, click here.
Rapid Optimization of ContractManagement, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supplychain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials.
To be successful, your procurement team will need to be expert at supplier relationship management, contractmanagement and sourcing and skilled at managing procurement cost as it contributes positively to the business. Direct Procurement is made up of a series of related processes that span the full product lifecycle.
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.
GSA & VA Schedule Contracting Training for In-House Counsel, October 29 On October 29, we will host our “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel. To register for the GSA & VA Schedule Contracting Training for In-House Counsel, click here.
It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Source-to-Pay is typically broken into two parts – upstream and downstream.
It also breaks down the long-standing regional contracting structure that supported the MAS program. In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. FAS and the federal government as a whole are in the midst of a management transition towards data-driven decision making.
GSA & VA Schedule Contracting Training for In-House Counsel, Feb. 28 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on February 28. MAS Basic Training: The Nuts & Bolts, Feb.
GSA & VA Schedule Contracting Training for In-House Counsel, Oct. 29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! James Peake , M.D., To register, click here.
That is hardly optimal given the diversity of products, services and supply partnerships in place at most companies. It is just as valid to sign a contract extension with an incumbent supplier as it is to run a full RFP and intensive negotiation process.
GSA & VA Schedule Contracting Training for In-House Counsel, Oct. 29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! To register, click here. NW, Washington, D.C.
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.
GSA & VA Schedule Contracting Training for In-House Counsel, Feb. 28 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on February 28. MAS Basic Training: The Nuts & Bolts, Feb.
There can be various types of services which supplychain consultants can provide. While these are part of the usual negotiations, an Owner needs competency on their side to address the risks. Thats the job. Working with external consultants is one of the means to identify and mitigate risks.
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