Public Contracting Institute

APRIL 23, 2024

Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project. Risks of firm fixed price contracts Underestimating costs : If the supplier fails to accurately estimate the costs involved, they may end up losing money on the project.

Price 52

Price Supplier Government Government 52

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business Strategy 64

Business Strategy Supplier Supply Chain Ethics 64

ivalua

JULY 12, 2021

In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space. The growth of supplier diversity initiatives in these regions (and others) provides unique opportunities and challenges for multinational corporations.

Supplier 98

Supplier Ethics Supply Chain Efficiency 98

ivalua

SEPTEMBER 8, 2022

Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties.

Supplier 52

Supplier Supply Chain Management Warehouse 52

American City & Country

NOVEMBER 18, 2024

Your procurement strategy should outline short-term and long-term goals, identify potential risks, and focus on building strong supplier relationships. For instance, instead of conducting lengthy RFP processes, your team can access ready-made contracts with industry leading suppliers.

Purchasing 59

Purchasing Procurement Supplier Supply Chain 59

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

Supplier 52

Supplier Management Collaboration Supply Chain 52

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

Supplier 59

Supplier Management Buyers Innovation 59

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Procurement Strategies 96

Procurement Strategies Sustainability Procurement Supply Chain 96

ivalua

SEPTEMBER 26, 2019

The examples that Musk mentions in the video show that modern supply chains are becoming more global and more complex. Some of this work should include building better relationships with suppliers and colleagues. Starkly put, the odds of supply chain disruption are growing and will grow even greater in the future.”.

Supply Chain 40

Supply Chain Risk Management Management Import 40

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

Oxford College of Procurement and Supply

MAY 28, 2024

As procurement professionals we spend a lot of time categorising our products, services and suppliers. But do we take enough time in understanding how our suppliers see us? By using the Supplier Preferencing Matrix we can start to understand where we fit in the suppliers’ opinions.

Supplier 59

Supplier Supply Chain Procurement Accountability 59

ivalua

AUGUST 26, 2021

Majority of European suppliers not being asked to prove they protect against labour violations, while 76% of UK suppliers are unprepared for new changes to the Modern Slavery Act. Just half (50%) of European suppliers said they are frequently asked by their buyers to provide proof that they protect against unsafe working conditions.

Procurement Team 40

Procurement Team Supplier Supply Chain Buyers 40

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 49% believe that global supply chains won’t fully recover to pre-Covid operational norms until 2024 or beyond. About the study. About Ivalua. .

Procurement Team 52

Procurement Team Supply Chain Procurement Supplier 52

Scottish Government Procurement

SEPTEMBER 29, 2023

APUC (Advanced Procurement for Universities and Colleges) The Scottish University and College sectors are committed to carrying out all their operations in an environmentally, socially, ethically and economically responsible manner. APUC has been providing support to assist its member institutions in the implementation of this strategy.

Supply Chain 72

Supply Chain Public Procurement Procurement Sustainability 72

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment.

Supply Chain 52

Supply Chain Supplier Ethics Sustainability 52

ivalua

DECEMBER 20, 2019

One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources.

Supplier 40

Supplier Supply Chain Balance Innovation 40

Oxford College of Procurement and Supply

JANUARY 29, 2024

The quote that stands out is from an overseas supplier offering a price that is 20% lower than all the home country quotes. It is possible that the supplier cannot speak the language of the procurement organisation, making queries and conversations challenging.

Global Sourcing 59

Global Sourcing IT Price Supplier 59

ivalua

SEPTEMBER 13, 2021

35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. Social and ethical priorities are close behind but still lag. The study also reveals actionable insights for businesses looking to improve CSR results. .

Consulting 52

Consulting Supply Chain Automotive Supplier 52

ivalua

JUNE 1, 2022

By bridging the gaps, Amrest could even start the tendering process earlier with a wider range of suppliers. Suppliers can support company growth as part of the Amrest procurement journey. The level of supplier involvement depends on the category of spend. Engaging strategic suppliers in the process can help mitigate risks.

Finance 52

Finance Supply Chain Procurement Supplier 52

Oxford College of Procurement and Supply

SEPTEMBER 24, 2024

Part of our role as Procurement Professionals should be to ensure that the specifications put to us from suppliers, or those created in-house are (1) fit for purpose and (2) thinking about and reflecting good ESG practice. Ensuring that the ingredients, components and labour are ethically sourced and recycled if possible is important.

Procurement 59

Procurement Logistics Sustainability Manufacturing 59

ivalua

OCTOBER 24, 2022

Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure. So what’s pressuring procurement and supply chain leaders the most?

Supply Chain 40

Supply Chain Procurement Procurement Team Supplier 40

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. For example, today’s software can make recommendations based on past user or supplier behavior. 3) Optimize Decision-Making.

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Data silos also inhibit agility, Keeley said. “As

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

MAY 9, 2023

As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. Ensuring supply continuity requires timely and open sharing of information. The same applies internally.

Procurement 52

Procurement Supplier Collaboration Supply Chain 52

The Coalition for Government Procurement

AUGUST 8, 2024

The Software Acquisition Guide for Government Enterprise Consumers was created by the Information and Communications Technology Supply Chain Risk Management Task Force, a group co-led by CISA and industry representatives. Montoya also describes the growing strategic partnership between VHA and the Defense Healthcare Agency.

Supply Chain 52

Supply Chain E-procurement Procurement Bidding 52

Select GCR

SEPTEMBER 3, 2024

When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This step is crucial to ensure that the selection of a single supplier is justified as the only available source for a product or service. But what happens when only one supplier can fulfill a specific requirement?

Procurement 52

Procurement Supplier Price Competitive Bidding 52

University of Bristol

OCTOBER 21, 2024

2) In carrying out a covered procurement, a contracting authority must treat suppliers the same unless a difference between the suppliers justifies different treatment. (3)

Procurement 52

Procurement Public Procurement Public Goods Accountability 52

Oxford College of Procurement and Supply

JULY 17, 2024

Defects can relate to things going wrong on a shop floor or things being sourced and supplied incorrectly. Ultimately, if done well, a LEAN approach can significantly contribute to a company’s bottom line helping to generate more profit as well as playing a key part in an ethical, sustainable and environmentally friendly approach to business.

Inventory 59

Inventory Manufacturing Transportation Transportation 59

The Procurement School

FEBRUARY 6, 2024

P rocurement, a critical component of supply chain management, is transforming, driven by the expertise of certified procurement professionals. The impact of such training is significant, leading to more streamlined procurement processes and better decision-making in supply chain management.

Supply Chain 52

Supply Chain Efficiency Procurement Management 52

How to Crack a Nut

MARCH 26, 2024

Where AI is likely to be used in the delivery of a service, commercial teams may wish to require suppliers to declare this, and provide further details. It recognises that there ‘are potential benefits to suppliers using AI to develop their bids, enabling them to bid for a greater number of public contracts.

Tender 72

Tender Contract Bidding Supplier 72

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

Supplier 98

Supplier E-procurement Ethics Supply Chain 98

The Coalition for Government Procurement

OCTOBER 24, 2024

Level 1 certification will require a self-assessment, attested to annually by the Affirming Official of the organization and submitted to DoD’s Supplier Performance Risk System (SPRS). James Peake , M.D., The rule notes that contractors could face contractual penalties if DIBCAC finds them noncompliant.

E-procurement 52

E-procurement Price Procurement Logistics 52

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Avoid the Instability of International Supply Chains. This gives you greater control over the details involved in your supply chain.

Supply Chain 52

Supply Chain Supplier Freight Ethics 52

The Coalition for Government Procurement

FEBRUARY 8, 2024

Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Within six months, the Office of Management and Budget would have to require the implementation of the Framework by federal agencies.

E-procurement 52

E-procurement Price Negotiation Utilities Procurement 52

Inside Government Contracts

DECEMBER 18, 2023

This report builds upon the three volumes of recommended practices for software supply chain developers, suppliers, and customers issued by the ESF in 2022. It also builds upon and supports OMB Memorandum M-22-18.

Supply Chain 147

Supply Chain Ethics Risk Management Education 147

The Coalition for Government Procurement

JANUARY 4, 2024

Feb 2 FAR Interim Rule Implementation of Federal Acquisition Supply Chain Security Act (FASCA) Orders Send member comments to Ian Bell at ibell@thecgp.org by Fri., Feb 2 FAR Proposed Rule Standardizing Cyber Requirements for Unclassified Federal Information Systems Send member comments to Ian Bell at ibell@thecgp.org by Fri.,

Price 52

Price Supply Chain Contract Data 52

The Coalition for Government Procurement

OCTOBER 17, 2024

Level one and basic Level two certifications can be obtained through annual self-attestations submitted to the Supplier Performance Risk System (SPRS). Level 1 certification will require a self-assessment, attested to annually by the Affirming Official of the organization and submitted to DoD’s Supplier Performance Risk System (SPRS).

Price 52

Price Logistics E-procurement Contract 52