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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

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The Future of Digital Contract Management

Art of Procurement

“A contract lifecycle management platform drives processes for you. That drives your price down, your risk down, and you get. The post The Future of Digital Contract Management appeared first on Art of Procurement.

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GSA’s FAS streamlining federal procurement by updating GSA Advantage, improving UX, reducing PALT

Federal News Network

Federal Insights - GSA's FAS streamlining - 9/19/24 [link] Download audio In the battle to modernize and streamline federal procurement, the General Services Administration is on the front lines and in the trenches. We generally negotiated those pricing and terms and conditions with our contracting officers.

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Navy’s journey to new procurement system remains in peril

Federal News Network

The Department of the Navy’s third attempt to modernize its contract writing system and overall electronic procurement system is on shaky ground. That hubris reared its ugly head most recently in June when the Navy retracted a technical assessment that found shortcomings in the Navy’s electronic procurement system (ePS) program.

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Contract Management’s Impact on Procurement Efficiency

The Procurement School

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.

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Procurement & Supply Chain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!

ivalua

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The May 5 th programme is open to everyone, while the 6 th is limited to current Ivalua customers. .

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A New Era of Procurement in Europe: Time for Bold Change

Open Contracting Partnership

Last week in Rome, we brought together over 100 leaders from 26 European governments , EU institutions, global organizations like the World Bank, OECD, EBRD, and UNOPS, civil society, and the private sector for the 3rd International Open and Sustainable Public Procurement Conference 2024. Who bears the costs of lowest prices?