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Supplier Management Explained – Definitions, Elements, and Examples

Art of Procurement

Supplier management refers to the administration of providers of goods and/or services to a business. The post Supplier Management Explained – Definitions, Elements, and Examples appeared first on Art of Procurement. While this sounds straightforward, today’s.

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

For example, the nature of the market may vary depending on whether the requirement can be sourced from multiple suppliers, a single supplier , or just a few suppliers. From a supplier perspective, this competition may determine whether the procurement process involves full competition , limited competition , or a single source.

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Whose Site Is It Anyway: Trade Groups Challenge DOL’s Prevailing Wage Calculation and Expanded Definition of the Site of Work Under the Davis-Bacon Act

Inside Government Contracts

Among other things, the final rule alters how DOL calculates the prevailing wage rates for each locality, and expands the definition of the “site of work” and categories of workers subject to the DBA. We expand on the final rule’s changes — and on the pending legal challenges — below.

IT 130
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Why DoD treats non-traditional innovation suppliers as just plain commercial

Federal News Network

Interview Transcript: Tom Temin Dan, let’s just begin with why you would want to treat nontraditional suppliers as commercial in the first place. And so that group includes small businesses, who, by definition, are exempt from the cost accounting standards. Hear The Federal Drive on demand.

Supplier 100
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Why is Benchmarking key for Optimum Business Value?

Oxford College of Procurement and Supply

In order to evaluate whether suppliers offers are giving a business the optimum value, benchmarking is required. Explore our CIPS courses today and gain insights into effective supplier management strategies. Benefits Of Benchmarking Benefits of Benchmarking Ready to deepen your procurement expertise?

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New Year, (Potentially) New Definition for “Subcontract”

Government Contracts & Investigations

Yes, you read that correctly – there is no single definition for the terms “subcontract” or “subcontractor.” The terms “subcontract” and “subcontractor” appear rather frequently in the FAR, being defined in twenty (20) different Subparts, resulting in at least eight (8) unique definitions. Code and the FAR.

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GSA is cooking up a new, comprehensive procurement data source

Federal News Network

There is an efficiency for the contracting officer and efficiency for the supplier efficiency for the contract agency. Bill to say this is what people are buying, this is what suppliers are selling it for. This is fair and equitable. We, I think as a society, are headed in that direction. So how many hammers are we selling for? $25

Data 101