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Strategic sourcing and ‘big data’

ivalua

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. You should care because you and your organization are investing in new technologies to help automate and standardize your internal sourcing and supplier management processes.

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What is Strategic Sourcing and Why is it Important?

Oxford College of Procurement and Supply

Strategic sourcing is a contemporary approach to supply chain management. In this post, we explain what strategic sourcing is, why it is important and how it can be implemented. In this post, we explain what strategic sourcing is, why it is important and how it can be implemented.

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Procurement Toolbox Available Now

NASPO

Perfect for new staff, or a five-minute refresher, the first issues are available now: Issue 1 – Introduction to Procurement Issue 2 – Importance of Ethical Procurement Issue 3 – Market Research Issue 4 – Solicitation Methods Issue 5 – Contract Evaluation and Award Issue 6 – The Value of Negotiations Issue 7 – Contract Administration Issue 8 – Contract (..)

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The reason why the Air Force pulled the plug on a huge cyber contract may surprise you

Federal News Network

While it is good that the requirement generated significant industry interest with over 250 proposals received, the established acquisition strategy and evaluation methodology were not suitable to result in a manageable number of prime contract awards. It is in neither the U.S.

Contract 104
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10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Bonfire

No collaboration: ERP systems don’t provide support for collaborative procurement, making it difficult for procurement or evaluation teams to work together. No eSourcing: ERP systems often don’t have eSourcing capabilities, making it hard to manage sourcing events electronically.

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5G as a Digital Transformation Accelerant

FedInsider

He provides technical leadership and guidance for the NG911 Interoperability and Compliance Program designed to ensure that NG911 solutions built by industry will be evaluated for compliance to standards and demonstrated interoperability. This engagement includes industry, academia, public safety practitioners and associations.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Your Procurement team should set clear expectations for suppliers — and it’s important to constantly re-evaluate supplier agreements and make necessary adjustments. By taking the time upfront to properly define roles and responsibilities, organizations can save time and money in the long run. Set expectations with suppliers.