The Procurement School

AUGUST 11, 2023

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. To have an objective assessment on efficiency, there should be a set of KPIs or measurement tools to compare. Efficiency metrics examples 1.The

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Efficiency Balance Procurement E-procurement 52

American City & Country

NOVEMBER 18, 2024

Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts. This not only reduces manual labor but also minimizes errors and improves procurement efficiency.

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Purchasing Procurement Supplier Supply Chain 58

Select GCR

OCTOBER 29, 2024

GSA Schedules, also known as Multiple Award Schedules (MAS), provide pre-negotiated prices for millions of commercial products and services, making procurement more efficient for federal, state, and local government buyers.

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Government Government Government Contracts Negotiation 52

The CGP

SEPTEMBER 8, 2023

The better industry understands requirements, policies, and procedures, the more efficiently and effectively it can respond to the government’s needs. Transparency is in the government’s interests. It promotes stakeholder understanding of performance requirements, acquisition policies, and procedures.

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Transparency Negotiation Price Procurement 100

Federal News Network

OCTOBER 20, 2023

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.

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Negotiation Price Transparency Data 96

Kluwer Arbitration

SEPTEMBER 3, 2024

In a legal context, elements of emotion AI are already being used in negotiation and mediation processes (e.g., AI-powered chatbots used by Walmart to negotiate with suppliers). This post, albeit briefly, explores how emotion AI works, showcases its practical applications, and considers its future potential. How Does Emotion AI Work?

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Efficiency Ethics Negotiation Participation 52

The Procurement ClassRoom

NOVEMBER 16, 2024

Understanding these factors and applying them appropriately ensures effective and efficient procurement that aligns with organizational policies and objectives. Letter of Invitation (LOI) and Direct Negotiation Documents Restricted or Limited Bidding A method restricted to a preselected list of suppliers.

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American City & Country

SEPTEMBER 18, 2024

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. He offers this purchasing example: “Using cooperative contracts for government IoT technology procurement offers significant benefits in cost savings, efficiency, and risk management.”

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Purchasing Total Cost of Ownership Government Government 110

Federal News Network

JUNE 24, 2024

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Such access is in the public interest because it promotes efficiency and realism.

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Transparency Data Procurement Management 90

Kluwer Arbitration

OCTOBER 17, 2024

This would encourage the companies’ management to manoeuvre settlement negotiations with more confidence once the arbitration has commenced. Discussing settlement windows when establishing the procedural timetable will encourage all parties and tribunal members to consider settlement negotiations and facilitations at an early stage.

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Negotiation Management Budget Efficiency 97

Whistleblower Network News

MAY 1, 2024

Despite the IRM providing exceptions for the “best interest” of the IRS and to the extent “necessary to efficiently administer the program,” the IRS has not provided guidance for exercising this exception authority.

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Finance Negotiation Efficiency Networking 109

Public Contracting Institute

MAY 9, 2024

price negotiations and procedures should be used by contracting officers to determine the price reasonableness of modifications offered under a sealed bid contract. Contracting officers are required to document in the contract file the principal elements of the negotiated agreement. In our next session, we will cover FAR Part 15.4

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Price Negotiation Negotiation Price Bidding 52

ivalua

MAY 31, 2022

These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . How can you create a more efficient supply chain and gain a better understanding of overall performance? Now, customers who are more strategic with negotiated rates are given preferential treatment.

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Supplier Supply Chain Procurement Team Tender 98

The Coalition for Government Procurement

JUNE 21, 2024

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Such access is in the public interest because it promotes efficiency and realism.

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Transparency Data Procurement Management 64

Great Government Through Technology

AUGUST 19, 2024

Today, I am excited to discuss the strides we are making under the BCI, particularly Priority 2, which focuses on negotiating common enterprise-wide software licenses. With Priority 2, we are setting new standards for how the government collaborates and negotiates in the IT realm, ensuring better outcomes for all our stakeholders.

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Procurement IT Government Government 52

Mike Purdy's Public Contracting

JULY 18, 2017

Essential Functions of the Job: Recommends, implements and maintains City purchasing systems for maximum efficiency and to achieve optimum life-cycle cost for all goods and services purchased. Oversees the analysis of cost, performance, quality, service and delivery.

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ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Process efficiency with reduced cycle times and considerably decreased errors or fraud opportunities. Rules and workflow engines automate this part for you.

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Eprocurement E-procurement Supplier Purchasing 94

Federal News Network

OCTOBER 25, 2024

The General Services Acquisition Regulation (GSAR) and the Federal Acquisition Regulation (FAR) set forth the policies and procedures for the evaluation and negotiation of “fair and reasonable” contract level pricing under the Federal Supply Schedule (FSS) program. Price protections — most favored nations clauses.

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Negotiation Price Government Government 59

ivalua

SEPTEMBER 13, 2020

It’s more efficient, both in time and cash-flow, to work through a “Pay by Terms” model where invoices are saved up and paid on the due date. Buying at negotiated prices and within budget. While there are many and varied, the symptoms can be boiled down to “proactive vs. reactive.” Supplier, contract, legal tax and policy compliance.

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Procurement E-auction E-procurement Supplier 81

ivalua

FEBRUARY 10, 2023

This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

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Price Supply Chain Supplier Procurement Team 105

Great Government Through Technology

JANUARY 14, 2025

This helps improve farm efficiency, allowing farmers to optimize resource allocation (water and fertilizer) based on real-time data on crop health and soil conditions. Cost savings: Pre-negotiated pricing and terms help speed up procurements, maximize value, and optimize spending. SAR can map crop types and track their growth.

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Competitive Bidding Data Integration Integrity 40

American City & Country

SEPTEMBER 24, 2024

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.

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Purchasing IT Supplier Negotiation Efficiency 58

ivalua

APRIL 6, 2021

The complete contract lifecycle management process includes a contract request or initiation, authoring, negotiation/redlining and approval stages, execution and signature as well as obligation monitoring, renewals, amendments and expiration. Why is it Important to Manage Contracts?

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Management Contract Contract Management Supply Chain 52

Federal News Network

AUGUST 9, 2024

It is a management challenge, as well as an opportunity, to move from negotiations based on MFC to a more traditional Federal Acquisition Regulation (FAR) 15.404 like analysis under TDR.

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Price Transparency Supply Chain Data 86

Kluwer Arbitration

MARCH 30, 2024

Serra e Moura pointed out, in 1923, the ICC Court was established in Paris by a group of entrepreneurs, aiming to provide clients with an efficient dispute resolution mechanism. This shift creates a more cost-efficient legal department, and ultimately allows more time and energy to be directed at the creative process itself.

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Efficiency Negotiation Buyers Price 52

Kluwer Arbitration

FEBRUARY 20, 2024

The latest amendments, which have been elaborated in a previous post here , showcase a commitment to efficiency, flexibility, and party engagement, appearing to set a new standard for commercial dispute resolution and contain practical rules that are rare or absent in its comparable institutions.

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Efficiency Negotiation Corruption Transparency 52

Kluwer Arbitration

APRIL 13, 2024

Professor Garro started the discussion by highlighting that the biggest deficiencies in cost efficiency often come from the lack of experience of lawyers and arbitrators and that hearing the perspectives of all involved in construction cases can improve efficiency.

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Negotiation Efficiency Quality Balance 52

ivalua

AUGUST 11, 2022

Aegion’s procurement team planned a multi-phase transformation to deliver efficiency and transparency, while ensuring savings flow to the bottom line. The initial focus is on streamlining the purchasing process, improving the experience for employees, and capturing negotiated savings to support profitability. Infrastructure.

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Procurement Supply Chain Procurement Team Negotiation 52

ivalua

APRIL 1, 2020

Consus partnered with Ivalua to lead the implementation and transformation effort at Intalere to drive cost savings, transparency and improved efficiencies across contracting and category management across the organization. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals.

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Bonfire

NOVEMBER 22, 2022

There’s never been a better time to explore creative solutions for stretching budgets further and turning federal infrastructure funding into transformative investments in efficient and sustainable water management. Modifying your approach to procurement can make your business permanently more efficient. We need to have transparency.

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Finance Management Utilities Procurement 59

Federal News Network

FEBRUARY 22, 2024

And it will be much more efficient if we do it that way. Schneider, the former federal CISO, said he believes the rules are the government’s “opening negotiation point” in setting critical cyber requirements for contractors. “I I would say the most important thing is we just do things in an orderly manner. It’s really the U.S.

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ivalua

NOVEMBER 10, 2021

Together, Ivalua and OMNIA Partners provide faster access to pre-negotiated pricing, saving sourcing groups significant time, and accelerate buying against those contracts, thereby capturing savings more efficiently. OMNIA Partners brings tremendous category expertise across hundreds of indirect and direct categories.

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Purchasing Supplier Negotiation Sustainability 52

ivalua

JULY 6, 2015

Beyond productivity, the solution must provide the appropriate workflow, information model, and analytics required to conduct fact-based negotiations with suppliers and make the best data-driven supply decisions to achieve your cost improvement targets. Are your direct materials sourcing teams really adopting the solution?

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Strategic Sourcing Supplier Negotiation Efficiency 55

ivalua

SEPTEMBER 10, 2019

Too many suppliers in one category may mean it’s time to simplify or negotiate better pricing with fewer vendors. The ability to pay on time suggests procurement has negotiated good terms for the business and that finance runs its part of the payment process effectively.

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Supplier Electronics Negotiation Finance 56

ivalua

SEPTEMBER 13, 2020

It’s more efficient, both in time and cash-flow, to work through a “Pay by Terms” model where invoices are saved up and paid on the due date. Buying at negotiated prices and within budget. While there are many and varied, the symptoms can be boiled down to “proactive vs. reactive.” Supplier, contract, legal tax and policy compliance.

Procurement 59

Procurement E-auction E-procurement Supplier 59

Procureware

MAY 3, 2018

Run Negotiations Alongside the Selection Process Negotiation is often necessary when: • The purchase price is high or the vendor will provide ongoing products/services. Often, the RFP process is run so that the selection is made prior to negotiating the final terms. There are a limited number of vendors. • Time is limited.

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Negotiation Bidder Bidding Price 40

How to Crack a Nut

OCTOBER 18, 2023

SCL AI Clauses The SCL AI clauses have a clear commercial orientation and are meant as a starting point for supplier-customer negotiations, which is reflected on the fact that the proposed clauses contain two options: (1) a ‘pro-supplier’ drafting based on off-the-shelf provision, and (2) a ‘pro-customer’ drafting based on a bespoke arrangement.

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Supplier Transparency Negotiation Procurement 75