Oxford College of Procurement and Supply

JANUARY 14, 2025

In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. More Than Just Price While price is often the most common focus in benchmarking, it is only one piece of the puzzle.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

American City & Country

AUGUST 28, 2024

In addition, there are several comprehensive guides to green purchasing available online, including from the Nation Association of State Procurement Officials (NASPO). Pursuing a sustainability plan When a procurement team is committed to green purchasing, there are a variety of strategies that can be considered.

Sustainability 97

Sustainability Purchasing E-procurement Procurement 97

Scottish Government Procurement

DECEMBER 12, 2024

billion of contract spend under our national contracts and working together, we were able to maintain those prices, achieve 34 million worth of savings and 20 million of cost avoidance. We were in the procurement for a health event early in spring, and this is an early shout out for the event in the spring of this year coming, 2nd of April.

Public Procurement 48

Public Procurement Procurement Supply Chain E-procurement 48

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing 52

Manufacturing Supply Chain Procurement Supplier 52

Bonfire

MARCH 29, 2022

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. eProcurement is appealing because it can help agencies move the needle on strategic goals, including project efficiency, stakeholder collaboration, and vendor engagement.

Procurement 52

Procurement Eprocurement Purchasing Participation 52

American City & Country

OCTOBER 29, 2024

By: Lawson Products In today’s fast-paced world, efficient procurement is crucial for any entity. As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. For agencies facing labor shortages or limited resources, VMI can be a game-changer.

Vendor Management 58

Vendor Management Inventory Management Inventory Management 58

ivalua

NOVEMBER 29, 2021

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . Poorly utilized preferred suppliers with negotiated pricing. Tail Spend Challenges.

Buyers 52

Buyers Supplier Purchasing Procurement Team 52

Tracker Intelligence

FEBRUARY 12, 2025

Awarding the Contract The winning supplier is selected based on clear criteria, ensuring fair and competitive procurement. Review and Lessons Learned After completion, procurement teams assess what worked and what could be improved for future projects. It outlines pricing, service quality and other key details.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

Procurement 52

Procurement Supplier Collaboration Price 52

ivalua

DECEMBER 21, 2021

As a center-led procurement function FCL used Ivalua’s solution to enable non-procurement professionals within various different business sectors to conduct sourcing activities in accordance with FCL’s procurement governance. About Federated Co-operatives Limited and the Co-operative Retailing System. About Ivalua.

Supplier 52

Supplier Retail Integration Integrity 52

Tracker Intelligence

MARCH 28, 2025

The Free vs. Paid Tender Platform Dilemma In the case of choosing between free and paid tender platforms, two main factors come into play: coverage and efficiency. Pricing flexibility helps businesses at any stage of growth, whether they are in the utilities sector, professional services, or construction industries.

Tender 52

Tender Bidding Supplier E-procurement 52

ivalua

NOVEMBER 29, 2022

Aside from mitigating risk and saving organizations money, Procurement teams have an opportunity to add value by working closely with suppliers to reduce carbon emissions while ensuring supply chain continuity through diversity and proper forecasting. Tracking the Metrics that Matter. Risk Metrics.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

Tracker Intelligence

FEBRUARY 16, 2025

Key Differences Between Public and Private Sector Procurement There are a few key differences between public and private sector procurement, including their objectives, the tendering process, supplier selection, regulations and frameworks, transparency in awarding contracts, and even the payment process.

Procurement 52

Procurement Tender Public Procurement Supplier 52

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. Through its sophisticated series of processes, organizations can unlock efficiencies and maximize profits like never before. What is Source-to-Pay?

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

JUNE 15, 2022

At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. For Körber, investing in procurement technology solutions frees up time to allow for more work on more strategic activities.

Supply Chain 52

Supply Chain Innovation Procurement Supplier 52

ivalua

JANUARY 31, 2022

in October 2021*, the highest in more than three decades, as measured by the Consumer Price Index (CPI). Teams also need to to mitigate supply chain risk by prioritizing digital transformation and adopting procurement technology. #4. The annual rate of inflation in the United States hit 6.2% What can we expect in 2022?

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

Tracker Intelligence

DECEMBER 16, 2024

The Importance of Competition in Public Procurement The essence of competition is to allow multiple suppliers to compete for a government contract under the same conditions so that the best value is achieved. Robust competition in public procurement can bring these promising outcomes.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

Tracker Intelligence

DECEMBER 30, 2024

It involves asking: Beyond the immediate deliverables, how does this procurement positively impact communities? Beyond the Bottom Line: Social value prioritises community well-being over just financial efficiency. These initiatives make it possible for suppliers to implement social value model obligations more efficiently.

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

ivalua

OCTOBER 24, 2021

With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. By paying suppliers on-time, procurement teams can use payments to build strong, reliable, and performance-driven supply chains.

Supply Chain 52

Supply Chain Supplier Finance Transparency 52

ivalua

MAY 6, 2021

Other examples include excessive price variances, duplicate invoices or superfluous approvals. Training the software to recognize potential risk or mistakes and alert up to procurement staff enables a more proactive approach to managing the supply chain and ensuring business continuity. The Future of Procurement is Digital.

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

ivalua

OCTOBER 24, 2021

With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. By paying suppliers on-time, procurement teams can use payments to build strong, reliable, and performance-driven supply chains.

Supply Chain 40

Supply Chain Supplier Finance Transparency 40

ivalua

MAY 1, 2020

Those that selected more rigid technology that is good at driving standard process efficiencies but less so in enabling analysis or connecting stakeholders, or doesn’t address all spend, will struggle to scale efforts. We are under financial stress so you need to help us out by dropping our contracted prices, and accepting later payment.”

Supply Chain 40

Supply Chain Management Supplier E-procurement 40

The Coalition for Government Procurement

SEPTEMBER 26, 2024

On November 20, tables include: GSA MAS PMO GSA Pricing Tools Ask the Med/Surg Supply BPAs Ask the SAM.gov PMO VA Federal Supply Schedule (FSS) To view the draft agenda for the governmentwide day, click here. October 28 : Webinar: 2024 (2025 FCPs) Public Law Pricing Update for Covered Drugs – Click here to register.

E-procurement 52

E-procurement Procurement Price Buyers 52

Tracker Intelligence

NOVEMBER 29, 2024

Imagine a competent procurement officer surrounded by a myriad of daunting problems, including legislative procurement compliance solutions, inefficiency, and even the risk of fraudulent activity. This article will focus on tackling challenges in the public procurement process and suggests practical solutions for these challenges.

Public Procurement 52

Public Procurement Efficiency Procurement Bid Rigging 52

Tracker Intelligence

MARCH 12, 2025

By studying past contract awards , you can uncover key insights: Whats the winning price range? What are buyers looking for beyond just price? Heres how: Think Beyond Price Master MEAT Criteria Government contracts arent won by the lowest bid alone. Keep your procurement team informed and compliant. The secret?

Public Procurement 52

Public Procurement Procurement Buyers Tender 52

Government Contracts Legal Forum

NOVEMBER 14, 2023

On November 8, 2023, the Biden-Harris Administration announced the Better Contracting Initiative (BCI), a four-pronged initiative to ensure that the federal government is getting the best terms and prices when purchasing goods and services. combinations of cost reimbursement, firm fixed price, etc.)

Supply Chain 40

Supply Chain Contract Negotiation Price 40

The Coalition for Government Procurement

DECEMBER 19, 2024

The pre-proposal conference video series includes: Alliant 3 Overview Small Business Offeror Types Small Business Subcontracting Plan C-SCRM Pricing VETS 4212 Federal Contracting Reporting MRCL, ORA, GHG, Series Close Alliant 3 Proposals are due on February 3, 2025. Army Releases MAPS Draft Sections L & M On December 13, the U.S.

Inventory 52

Inventory Procurement Data Thresholds 52