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

MAY 14, 2024

The FAR is meticulously structured into subchapters, parts, subparts, sections, and subsections, providing detailed guidance for government procurement, from planning through contract management to compliance and enforcement.

Ethics 52

Ethics Procurement Price Procurement Contracts 52

Select GCR

SEPTEMBER 17, 2024

Key Takeaways Understanding the different types of government contracts—fixed price, cost reimbursement, and time and materials—is crucial for businesses to manage risks and costs effectively while engaging with government projects. These contracts cover various payment structures and terms.

Government 52

Government Government Contract Government Contracts 52

Tracker Intelligence

NOVEMBER 20, 2024

Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supply chain risks, and facilitate informed procurement decisions. It also provides transparency which encourages compliance with regulatory frameworks and positive ethical procurement practices.

Efficiency 52

Efficiency Data Procurement Supply Chain 52

ivalua

JANUARY 29, 2020

If you want a supplier to work quickly, to provide their best ideas, people or products to support your business, they won’t be responsive if for the last three years you only communicated to beat them up on price or criticise their delivery performance.

Collaboration 65

Collaboration Innovation Procurement Supplier 65

ivalua

MAY 15, 2019

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. Christopher Bourez, Artificial Intelligence Architect at Ivalua.

Data 60

Data Management Contract E-procurement 60

ivalua

MAY 15, 2019

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repository. One of the initial use cases the team is tackling is for contract analysis. .

Contract 58

Contract E-procurement Data Management 58