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” – VendorManager | ONE AMERICAN BANK Use Data and Analytics to Make Informed Decisions Modern procurement relies heavily on data. Spend analysis, supplier performance data, and market trends can help you identify inefficiencies and opportunities for savings. ’ and this is the way to get those.”
Steps to success The ITVMO first identifies target OEMs by soliciting quantitative and qualitative data from all 24 Chief Financial Officers (CFO) Act agencies.
According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. According to 2019 Definitive Healthcare data, U.S. Across this supply chain there is typically a lack of visibility due to siloed information and data. The only way to really understand that is data.
This year, we’ve invited industry thought leaders to join 5 expert panels covering data, supplier collaboration, procurement finance, and vendormanagement. Breakout : Data-Driven Procurement. Breakout : Holistic VendorManagement: How to effectively assess, manage and engage suppliers.
Ivalua’s unique data model and strategic payments capabilities, coupled with C2FO’s marketplace approach can make targeted returns across the whole supply chain possible. The data from the C2FO working capital marketplace cycles back into the Ivalua platform and adds more vendormanagement and risk intelligence.
The report provides insights into the Federal market, including sales data on the GSA and VA Schedules, government-wide contract vehicles, Federal healthcare contracts, and more. If you have any questions or topics for future reports, please contact Michael Hanafin at mhanafin@thecgp.org.
We’ll also hear from Otto Tell, Business Navigation Manager & Digital Leader – Global Purchasing Development at IKEA and Karolina Hagberg Chinell, CPO at Ahlsell. Breakout Sessions This year, we’ve invited industry thought leaders to join 8 expert panels covering data, supplier collaboration, procurement finance, and vendormanagement.
These professionals excel in managing supplier relationships, understanding contract nuances, and mitigating risks. Their ability to leverage market trends and data-driven insights results in smarter purchasing decisions, enhancing the efficiency and effectiveness of supply chains.
Contracting officers should consider cybersecurity, supply chain risk management, data governance and other standards and guidelines just as they would with other IT procurements. Manage and Protect Data. You’ll also find a searchable data dashboard to give information about recent AI-related contract actions.
The General Services Administration is leaning into artificial intelligence with a goal of easing the burden on its workforce and making data more accessible. “We need to break down the data silos and allow systems to better communicate with one another,” he wrote.
I described the Governmentwide Acquisition Strategy initiative led by the IT VendorManagement Office (ITVMO) to centralize engagement with critical Original Equipment Manufacturers (OEMs) and negotiate universal contract and process improvements to ensure that all agencies benefit from best-in-class terms and pricing as One Customer.
Initially piloted during Spring 2023, GSA began expanding the number of vendors in the FCP system in late 2023 before pausing in June 2024. As the calendar turns over to 2025, GSA is resuming its FCP transition activities, which will greatly transform how vendorsmanage their GSA contracts. To register, click here.
Increase office occupancy north of 80%: In addition to selling underutilized assets with large liabilities, we are taking advantage of leases in a cancellable state to save taxpayer money and further optimize our office space (our most recent survey data of a subset of buildings indicates average daily occupancy of 31%).
GSA Finalizes Agreement to Enhance Federal IT Acquisition GSA announced that on January 15, Microsoft and the IT VendorManagement Office (ITVMO) finalized an agreement under the Governmentwide Microsoft Acquisition Strategy (GMAS). Diagnosis and procedure data for fiscal year (FY) 2024 is now available.
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