ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply Chain 40

Supply Chain Management Supplier E-procurement 40

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.

Procurement 52

Procurement Supply Chain Influencing Chief Procurement Officer 52

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. contract compliance, procurement cycle efficiency).

Efficiency 52

Efficiency Procurement Data Supply Chain 52

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. This is followed by a lack of systems to enable effective, scalable collaboration.

Consulting 52

Consulting Supply Chain Automotive Supplier 52

ivalua

NOVEMBER 29, 2022

The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation. When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Inflation Metrics.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

It involves a set of principles which guide a company to proactively eliminate unethical practices throughout its supply chain. Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important?

Ethics 52

Ethics Import Procurement Supply Chain 52

American City & Country

AUGUST 28, 2024

12 Responsible Consumption and Production , calls for a systemic approach and cooperation among all stakeholders along the supply chain to achieve sustainable production and consumption patterns. calls for the promotion of “public procurement practices that are sustainable, in accordance with national policies and priorities.”

Purchasing 97

Purchasing Sustainability E-procurement Procurement 97

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Historically, Procurement for retail has been largely centralized: Stores request and receive inventory from corporate as needed. About half of U.S.

Retail 52

Retail Procurement Supply Chain Supplier 52

Oxford College of Procurement and Supply

JANUARY 14, 2025

The Oxford English Dictionary defines benchmarking as: Evaluating (something) by comparison with a standard. In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. The answer lies in benchmarking.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

KPIs are key performance indicators and are a way in which procurement professionals can understand and evaluate a supplier’s ability to meet their contractual obligations. The benefits of KPIs are vast and include the fact that it gives the procurement team early indication of any potential issues.

Import 59

Import Procurement Supplier Supply Chain 59

The Procurement School

SEPTEMBER 15, 2023

However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. This two-part series discusses the five steps of the procurement journey beginning with concept and development and continuing with posting, evaluation and award.

Procurement 52

Procurement Bidder Procurement Strategies Evaluation 52

ivalua

AUGUST 16, 2021

In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Improve visibility across all levels of the supply chain. Assess and mitigate risk across the supply chain. Evaluate and manage supplier performance.

Supplier 52

Supplier Management Supply Chain Risk Management 52

Tracker Intelligence

DECEMBER 30, 2024

Inclusive Opportunities: Public procurement can be a tool to promote equality, diversity, and inclusion by prioritising contracts with suppliers committed to these ideals. Why Does Social Value Matter In Public Procurement? Governance Strong governance is critical to ensure social value objectives are met effectively.

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

Tracker Intelligence

FEBRUARY 12, 2025

This includes buying office supplies, building roads or hiring services. It is all a part of supply chain management, making sure the right products and services get to the right place at the right time. Awarding the Contract The winning supplier is selected based on clear criteria, ensuring fair and competitive procurement.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Tracker Intelligence

DECEMBER 16, 2024

Additionally, this lack of diversity in supply chains can lead to overreliance on a few select suppliers. Key Findings from the National Audit Office Report The NAO report offers a detailed analysis of the current state of competition in public procurement, highlighting several key areas of concern.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

ivalua

JULY 13, 2022

Michelin Group’s Hélène Vermont joined the discussion to share how applying these practices has propelled her procurement team to emerge as a leader in sustainability a nd Corporate Social Responsibility. Supplier Performance Evaluation. ESG Objectives for Buyers. Reporting: Capturing Sustainability Efforts.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

The Coalition for Government Procurement

SEPTEMBER 26, 2024

The FIT Act would authorize agencies to make advanced payments for cloud computing services, increase the simplified acquisition threshold from $250,000 to $500,000 and the micro-purchase threshold from $10,000 to $25,000, and require Federal procurement officers to take cross-functional training. Learn more and register here.

E-procurement 52

E-procurement Procurement Price Buyers 52

Select GCR

SEPTEMBER 3, 2024

The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Tracker Intelligence

MARCH 12, 2025

Follow The Evaluation Criteria Like A Cheat Sheet Every tender has a scoring systemyour job is to align with it perfectly. Keep your procurement team informed and compliant. Ethical Procurement Public sector buyers want fairness, transparency, and responsible sourcing. Youll need rock-solid security.

Public Procurement 52

Public Procurement Procurement Buyers Tender 52

Tracker Intelligence

NOVEMBER 29, 2024

By addressing these challenges, procurement teams can enhance transparency, ensure compliance, and deliver value for money. Source: [link] The Key Challenges In Public Procurement Regulatory Complexity With the Procurement Act 2023 evolving, procurement is treated with a lot of oversight.

Public Procurement 52

Public Procurement Efficiency Procurement Bid Rigging 52

The Coalition for Government Procurement

DECEMBER 19, 2024

For additional information on MAPS, please view the links below: Draft Performance Work Statement Scope Gate Criteria Questions Past Performance Evaluation Questionnaire Form Scorecard Industry Day Slides and Participant List MAPS Insights from Baker Tilly The Coalition has established a MAPS Working Group. Listen to the full podcast here.

Inventory 52

Inventory Procurement Data Thresholds 52