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What is Cooperative Purchasing & How Does it Benefit Public Sector Procurement?

American City & Country

By pooling demand, public sector entities can benefit from bulk buying discounts and negotiated price reductions. You can rest easy knowing other agencies, just like yourself, are utilizing cooperative purchasing in their procurement strategy. Brought to you by:

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

Procurement as a Strategic Driver of Digital Transformation Public procurement wields immense influence over markets, technology adoption, and the direction of societal progress. Governments worldwide control vast budgets through procurement, giving them the power to: Drive innovation by demanding advanced solutions from vendors.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Develop a Strategic Procurement Plan Procurement shouldn’t be reactive; it should be proactive. Start by developing a strategic plan that aligns procurement goals with your organization’s overall objectives. Cooperative purchasing can help you stay agile and strategic in your procurement activities.

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

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts.

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DoD dispelling lingering myths about OTAs

Federal News Network

Unlike some traditional contracting methods, OTAs demand constant oversight and active participation. “I tell people that when you are going to decide to work in the OT world, you want to be omnipresent,” said Stephanie Wilson, the Army Contracting Command’s contracting officer.

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Broadly, procurement analytics can be classified into three categories: Descriptive Analytics: Analyzes historical data to understand past procurement performance (e.g. contract compliance, procurement cycle efficiency). These tools will help procurement professionals stay competitive in an increasingly data-driven environment.

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Webinar: Emerging Trends in Procurement, 15th May 2019, 12pm CET

ivalua

Join this webinar featuring Ivalua and hosted by Supply & Demand Chain Executive. Emerging Trends in Procurement. Savvy organizations understand how a well-defined procurement strategy can positively impact the bottom line.