March, 2022

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Why Disparity Studies Aren’t Enough to Improve Supplier Diversity

DemandStar

If you’re part of any government procurement team, you’ve likely been asked, “What are you doing to increase supplier diversity?” It’s also likely you’ve heard of and possibly conducted disparity studies to improve your procurement process and identify the needs of different types of suppliers. But are disparity studies the be-all-end-all of fixing the problem of diversity in public sector spending?

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Thought Leadership: Federal Contracting – Analyzing Awards

GovSpend

What is a subcontract? In the world of Federal Contracting, and as defined by FAR 19.701 , “Subcontract means any agreement (other than one involving an employer-employee relationship) entered into by a Government prime contractor or subcontractor calling for supplies and/or services required for performance of the contract, contract modification, or subcontract” Federal Contracting, as we all know has statutory and legal requirements and the FAR 19.7 provides an explanation of

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Commemorating 10 years of Bonfire

Bonfire

Today I’m proud to commemorate the 10-year anniversary of Bonfire and, with it, the incredible clients and team who have made our success possible. To mark the occasion, I’m hopping onto the blog to reflect on our journey — to think about how far we’ve come and where we’re headed. Reflecting on the journey. When I joined Bonfire over 9 years ago, we were a small startup with a handful of clients.

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Ivalua Recognized as A Leader in Supplier Value Management Platforms, Q1 2022 report

ivalua

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P).

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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How To Use DOD’s New Enhanced Postaward Debriefing Rights for Stronger Bid Protests

LexBlog: Contracts & Procurement

The U.S. Department of Defense (DOD) has just locked in its Enhanced Postaward Debriefing procedures, making it easier for contractors to understand the source selection and contract award process and make informed bid protest decisions. The new final rule, published March 18, gives contractors additional information and time to work with in preparing their protest strategies.

Bidding 52
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Webinar: Reasons To Implement Kaizen And Where To Start

Oxford College of Procurement and Supply

Watch our latest Procurement on Demand ‘Reasons to Implement Kaizen and Where to Start’ webinar which provides an insight into the role of Kaizen in procurement. What is Kaizen ‘Kaizen’ is a Japanese term meaning “change for the better”, a philosophy that focuses on constant, process-oriented improvement. Our latest Procurement on Demand webinar with Roman Safonovs looks at Kaizen in more detail.

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Thought Leadership: Knowledge – The Secret to Winning Fed Contracts for Prime Contractors

GovSpend

Do you know the difference between information and knowledge? If so, do you understand why this simple difference can have a massive effect on the important “bottom line impacting” decisions that you take? Why Knowledge really is Power The traditional do it on-your-own approach towards big data is favored as a first step by many organizations. This manual approach often can tend towards increasing inaccuracy over time, and should be avoided if possible.

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Are You Curious About Oral Presentations?

NIH NITAAC

Did you know … that many industry proposal writers take on proposal development duties on top of their 40-hour work week? that written proposals are sometimes created by updating the last response, bearing the uncaught typos and prior agency names? Imagine a real time solicitation response tailored to your requirement. With a properly developed solicitation, this could be exactly what you get.

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We’re BACK! 5 Reasons to attend 2022 Ivalua NOW Paris: Stronger Together

ivalua

After a 2-year hiatus, Ivalua is thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris. . This year, we’re centering our event around the theme “Stronger Together” to celebrate the collective challenges we have overcome and how we can move forward with renewed priorities. Today, we are stronger, more united, and more determined to lead and innovate together!

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Bid Protests: Exceptions to the “Late is Late” Rule

LexBlog: Contracts & Procurement

Bidding on government contracts is a stressful, high-stakes process. Contractors spend significant time and resources in crafting excellent proposals and missing deadlines almost always results in disqualification from the competition. Electronic bid submissions have the added complication of using technology that is not always reliable. My colleague Nick Solosky has previously discussed the Federal Acquisition Regulations (FAR) “ late is late ” rule.

Bidding 40
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Roundtable roundup: Best practices for crown corporation procurement

Bonfire

At Bonfire, we get to work with hundreds of public procurement professionals every day. Our platform connects you to tools and resources that make your jobs easier. But we also do our best to connect you to each other , so you can reap the benefits of working together. On March 15, we brought together procurement professionals from crown corporations across Canada for a virtual roundtable discussion.

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How to Vet Good Educational Software

DemandStar

As the nation ramps up for the new school year, government procurement agents may find themselves in the market for educational software that facilitates remote learning. This could be a relatively novel purchase as our focus shifts from in-person to online learning. Many of the country’s largest school districts are going completely online or have an online option, with other school districts following their lead.

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Tightening the Alignment between Procurement and Corporate Leaders 

ivalua

Tightening the Alignment between Procurement and Corporate Leaders . Using procurement as a catalyst for change . In a recent webinar with PricewaterhouseCoopers (PwC), we compared 3 different global studies where Procurement and C-level Management stakeholders addressed digitalization, risk, and ESG. . The results from PwC’s Digital Procurement Survey, The CEO Survey, and The Fraud Survey revealed surprising differences between Procurement top priorities versus Corporate Board Member goals. .

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Looking to Neighboring Counties for Contractors

DemandStar

Good help can be hard to find. Nobody knows that better than government procurement agents. Trying to staff a multitude of projects all with varying scopes, government procurement agents must often sift through numerous bids to find the perfect contractor for each job. Occasionally, you might not be getting bids that are the right fit for either your budget or your skillset/qualifications.

Bidding 52
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What to Do if No One Responds to Your RFP

DemandStar

As a government procurement agent, you’re a pro at creating RFPs. But what happens when no one responds? Here are a few tips on how to get bids, when your bid number is zero. Review your ask – Check out your RFP and really look at what you’re asking the vendor to provide. Will their bid end up looking more like a novel? Vendors may be weighing the time required to addresses each point of your RFP against the likelihood of them securing the job.

Bidding 52
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The Top 5 Compliance Traps Made by Government Procurement Agents

DemandStar

Following compliance guidelines is an important part of what a procurement agent does. By adhering to guidelines, they can ensure that their department is free from ill-advised spending, corruption, and fraud. Here are the top five compliance traps that procurement agents should be aware of, and some tips to avoid them: 1. Rushed procurement When the process is rushed, things are bound to fall through the cracks.

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Registering for Government Contracts One County (or 500 Employers) at a Time

DemandStar

You know what they say: Work smarter, not harder. What if instead of checking each government agency in your area individually for new work opportunities, there was a way to fill out one central profile and connect to all of the government procurement divisions in your area? It’s possible with a digital bid network! From schools to sewage, from vector control to police departments, bidding programs allow vendors to scout for contracts with one simple profile.

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Top Ten CPO Priorities for 2022

ivalua

TOP TEN CPO PRIORITIES for 2022: Webinar Recap. In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . Vishal Patel, VP of Product Marketing, Ivalua and Chris Sawchuk, Principal and Global Procurement Advisory Practice Leader, The Hackett Group discussed disruptive trends and growth projections across a variety of Procurem

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LEADER – The Forrester Wave™: Supplier Value Management Platforms, Q1 2022

ivalua

The post LEADER – The Forrester Wave™: Supplier Value Management Platforms, Q1 2022 appeared first on Ivalua.

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Deliver Tangible Sustainability Improvements — Featuring Michelin

ivalua

The post Deliver Tangible Sustainability Improvements — Featuring Michelin appeared first on Ivalua.

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Bridging the Gap between Procurement & Finance

ivalua

The post Bridging the Gap between Procurement & Finance appeared first on Ivalua.

Finance 52
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ESG/Sustainability On-Demand Demonstration

ivalua

The post ESG/Sustainability On-Demand Demonstration appeared first on Ivalua.

Demand 52
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Purchase-to-Pay Performance Study

ivalua

The post Purchase-to-Pay Performance Study appeared first on Ivalua.

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Rome wasn’t Built in a Day, Neither was your Supplier Relationship

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance.