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Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use eProcurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. Step 2: Use eProcurement systems for vendor relationships
No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .
It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.
What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?
Spring also means it is time for a Procurement Policy Spring Cleaning Checklist highlighting the key initiatives that will shape procurement operations for customer agencies and industry partners. Increasingly, AI is making its way into procurement operations. Artificial Intelligence (AI). Small business opportunities.
A specific application for Procurement involves contract analysis. It can be found in any human communications, either live conversations (ch atbots, email, speech to text devices …) or stored publicly on the Internet or privately as textual data in databases.
A specific application for Procurement involves contract analysis. It can be found in any human communications, either live conversations (ch atbots, email, speech to text devices …) or stored publicly on the Internet or privately as textual data in databases.
Spring also means it is time for a Procurement Policy Spring Cleaning Checklist highlighting the key initiatives that will shape procurement operations for customer agencies and industry partners. Increasingly, AI is making its way into procurement operations. Artificial Intelligence (AI). Small business opportunities.
The EIP Awards recognize individuals and organizations in the Federal procurement community who make significant contributions to the acquisition system. Prepare for 2025: Post-Election Federal Procurement Insights at the Fall Training Conference The 2024 Fall Training Conference – The 2025 Federal Market: What’s Next?
29 The Coalition for Government Procurement is proud to once again host its “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel on October 29! GSA & VA Schedule Contracting Training for In-House Counsel, Oct.
The governmentwide day on November 20 will feature expert panels addressing “what’s next” after the election for the future of federal procurement. Join us as we dive into what lies ahead for federal procurement in 2025 and beyond! Market and Procurement Outlook Panel: What’s Next?
For those companies, like Ivalua ,that develop a software solution for the Procurement Departments of large groups, paying attention to the user experience means ensuring better adoption of our software and, in the end, an increased compliance with procurement policy for our customers. Why is this important? .
Celebrating a Dedicated Procurement Leader: Wishing Tom Sisti a Happy Retirement! It is with mixed emotions that The Coalition for Government Procurement announces the retirement of Executive Vice President & General Counsel, Tom Sisti. Furthermore, he worked as Procurement Counsel detailed to the U.S.
13] However, to be clear, the predicate for this being the case is that the procurement must rely upon the debriefing provisions of FAR Subpart 15.5—such 15] Not For All Procurements Just as important as knowing how to get a required debriefing is discerning what is not a required debriefing. 2305(b)(6)(A) and 41 U.S.C.
The four areas in which agencies have made significant progress are: Managing risks to safety and security; Bringing AI talent into government; Advancing responsible AI innovation; and Advancing U.S. The comments herein do not necessarily reflect the views of The Coalition for Government Procurement. Coffey , and Michael E.
In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions.
The Coalition for Government Procurement Endowed Scholarship Fund Proceeds will also support The Coalition for Government Procurement Endowed Scholarship Fund for a deserving veteran studying U.S. government procurement at The George Washington University Law School.
According to Miller, “the goal is to make sure that we have access to new ideas as quickly as possible so we can bring [small businesses] in and drive innovation through the defense industrial base.” or virtually HERE.
In recent years, the Government has been focused on initiatives that promote efficiency and innovation in contracting. I love this initiative, but like all good things, innovation must be accompanied by critical thinking. That is, innovative acquisition strategies cannot violate established bright-line dos and don’ts. [1]
Effective communication between government officials and industry partners is of paramount importance in fostering a thriving procurement landscape. The comments herein do not necessarily reflect the views of The Coalition for Government Procurement. government should be careful in its procurement and use of these tools.
A few days ago, the Centre for International Governance Innovation indicated that ‘The global order is under strain, propelled by the complex interplay of numerous trends and impacts. The Council also called ‘for resuming discussions on the EU’s international procurement instrument’ (see here ).
It may seem crass or trivializing to speak of procurement at this time, but we must recognize that the procurement system, and our participation in it, is at the center of our nation’s ability to defend itself, to defend its friends, and to uplift the shared human values of the civilized world. The episode can be found here.
This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers. The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms.
This past November, the Trump administration announced that starting in 2021, it would require hospitals to publicly disclose the discounted prices they negotiate with insurance companies as part of a broader push to make healthcare markets more transparent to patients and increase competition. With greater media attention, change is coming.
As calendar year 2023 ends, the Coalition is looking ahead to 2024 and the policies, programs, and initiatives that will shape the federal procurement system and the delivery of customer agency mission support. Competition and industrial base are important to the vitality of the procurement system.
This past November, the Trump administration announced that starting in 2021, it would require hospitals to publicly disclose the discounted prices they negotiate with insurance companies as part of a broader push to make healthcare markets more transparent to patients and increase competition. With greater media attention, change is coming.
The final rule, entitled Improving Consistency Between Procurement and Nonprocurement Procedures on Suspension and Debarment , is based on the recommendations of the Interagency Suspension and Debarment Committee (ISDC). The comments herein do not necessarily reflect the views of The Coalition for Government Procurement.
Congress Releases Compromise $895 Billion FY25 NDAA Meritalk reports that the House of Representatives and Senate published their final negotiated version of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2025. The comments herein do not necessarily reflect the views of The Coalition for Government Procurement.
The anonymous source further stated that GSA has set up a tiger team to coordinate the project alongside senior procurement executives and chief financial officers. The new dashboard feature allows Authorized Negotiators to see upcoming baseline modifications up to 60 days in advance of the transition date. Authored by Jacqueline K.
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