Remove Efficiency Remove IT Remove Supplier
article thumbnail

Polk County Shaves Hours off Procurement Process for Greater Efficiency

American City & Country

If the department submitting a purchase request didn’t know exactly what they were looking for, or if what they needed couldn’t be purchased easily online, the process for identifying suppliers and waiting for responses was cumbersome and could take up to 3 days, leading to delays and lots of wasted time. It was really time consuming.”

article thumbnail

Contract Management’s Impact on Procurement Efficiency

The Procurement School

The following article discusses the various steps of contract management and its role in procurement efficiency. But first a definition of efficiency. Efficiency involves achieving intended results while minimizing time, resources and effort. It is about doing things optimally or maximizing time and resource use.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency).

article thumbnail

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

American City & Country

In today’s fast-paced and budget-conscious public sector environment, efficient procurement practices are more crucial than ever. The lead agency conducts the solicitation and RFP process, sets the terms, and awards the contract to a supplier. What is Cooperative Purchasing? Your Peers are Using Cooperatives!

article thumbnail

Friends not Foes, Supplier Relationships Made to Last

ivalua

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. How can you create a more efficient supply chain and gain a better understanding of overall performance?

article thumbnail

The Navy only ‘thinks’ it has a schedule for new submarine delivery

Federal News Network

And so being able to kind of pump out the design products and being able to deliver documentation to the team of folks that build these things to be able to have paper on hand, to be able to say, here’s the steps I need to take to build this thing has just been like less efficient than they expected.

IT 115
article thumbnail

Embracing Technology: How Epping, NH Revolutionized Its Purchasing Process

American City & Country

Since taking on the role in June 2023, Rogers has been committed to overseeing the efficient operation of the town’s government. However, he quickly identified a major hurdle: the town’s procurement process was hampering his team’s productivity and efficiency. This is a widespread issue across government procurement teams.