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The conference gives agencies and primes the opportunity to promote supplier diversity programs and learn how the APEX Accelerators can partner and assist in meeting contracting goals. The post Event Announcement: NAPEX Fall Conference 2024 first appeared on SmallGovCon - Government Contracts Law Blog. Hope to see you there!
Ensuring public safety at large-scale events, whether concerts, sports games, or community gatherings, comes with unique challenges. With the responsibility of protecting attendees, crowd control, and maintaining security, procurement teams play a critical role in making sure the staff has everything they need to execute the event.
The conference gives agencies and primes the opportunity to promote supplier diversity programs and learn how the APEX Accelerators can partner and assist in meeting contracting goals. The post Event Announcement: APTAC’s 2023 Fall Training Conference first appeared on SmallGovCon - Government Contracts Law Blog.
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.
The countdown to Scotlands largest free procurement event is on. Meet the Buyer National is hosted by the Supplier Development Programme and partnered by Scottish Government and Scotland Excel. Buyers will be on their stands ready to answer suppliers questions and discuss their pipeline of work. Why should you attend?
Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. to a virtual event, taking place on May 5 and 6, 2020. to a virtual event, taking place on May 5 and 6, 2020. Redwood City, CA.
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. Here are three examples.
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.
Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management.
The 15 th annual Meet the Buyer National event takes place on Wednesday, 5 June 2024 at Hampden Park, Glasgow. Meet the Buyer 2024 Alongside headline partners, Scottish Government and Scotland Excel, over 55 exhibitors have already signed up to engage with suppliers on the day. However, all are welcome!
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.
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.
Moreover, 80% of UK businesses say that Black Swan events such as Brexit, COVID-19 and the War in Ukraine have “left supply continuity on life support”. Over half (59%) believe supply chain disruption has become normal, and that we’ll see more Black Swan events in the future. added Saric. ” About the research.
Supplier diversity is not a new concept. The real challenge is that supplier diversity has generally been viewed as competing with other objectives, such as cost reduction or lowering risk. With diverse suppliers generally being local, that meant supplier diversity competed against the core supplier strategy.
Leidos (NYSE: LDOS) highlighted artificial intelligence and other emerging technologies at its seventh annual Supplier Innovation & Technology Symposium on Tuesday. The company said more than 170 partners and suppliers gathered at the event, which included discussions on how emerging tech can help address customer challenges.
Product manufacturers have become increasingly dependent on their strategic suppliers to create a competitive advantage in the market. These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success. Effective Supplier Engagement Requires a Structured Approach.
Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. to a virtual event, taking place on May 5 and 6, 2020. to a virtual event, taking place on May 5 and 6, 2020. Redwood City, CA.
The module provides buyers and suppliers with an easy-to-use service that enables buyers to electronically create and issue SPD requests based on the SPD (Scotland) template, and to link them to their contract notices. The event duration will last 1 hour and 30 minutes.
With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management. Failure to manage supplier risk comes with significant monetary losses and damage to a company’s reputation. Form new supplier relationships.
On Tuesday 5th May, the Ivalua NOW virtual conference was held, replacing the firm’s planned US customer event. Given that others among the nearly 1500 registrants are sure to watch the recorded sessions later, the event has an impressive reach. . As the clock ticked around, there wasn’t quite the expectation you get at a live event.
Meet the Buyer North is set to bring businesses together for the largest free procurement event in the North of Scotland. The Supplier Development Programme will hold the seventh annual Meet the Buyer North event on Wednesday 11 September at The Music Hall in Aberdeen.
If you’re part of any government procurement team, you’ve likely been asked, “What are you doing to increase supplier diversity?” It’s also likely you’ve heard of and possibly conducted disparity studies to improve your procurement process and identify the needs of different types of suppliers. Why Are They Needed?
Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. Ivalua’s events have been consistently strong for several years now.
With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity.
In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.
The post Russia’s Wagner Group as Rogue Supplier appeared first on Art of Procurement. On June 23rd, news broke that the Wagner Group, a private militia operating on behalf of Russia in the war.
With a fantastic range of exhibitors, including our partners Scottish Government and Scotland Excel, Meet the Buyer brings potential business prospects for every size of supplier. Do your homework Look at the buyers listed on the Meet the Buyer event page and consider who you would like to meet. Book now!
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. Here are three examples.
Covid-19 amplifies the need for SRPM solutions to better manage suppliers. in “The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.” Manual processes, typically based on emails and spreadsheets, are ineffective – there are simply too many suppliers, types of risk, and sources of relevant data.
The Supplier Development Programme (SDP) and Scottish Borders Council are set to host the 3rd annual Meet the Buyer South event on 29 October at The Volunteer Hall, Galashiels. This year, SDP are delighted to announce that East Lothian and Midlothian Councils will be exhibiting at the event for the first time.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. See you soon!
Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management.
Late last year we launched Scotland Innovates , the national supplier led innovation service, designed by a pan sector team to open the door for suppliers to submit their proposals for innovative goods and service to the entire public sector. It is the national supplier led innovation service.
2020’s global supply chain crisis has extended into 2022, compounded by the current geopolitical events,” said Alex Saric, Smart Procurement Expert of Ivalua. “As Notably, 71% of procurement leaders say they’ve had a supplier take advantage of supply chain problems to unjustifiably increase prices.
As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Procurement technology can also help businesses improve supplier relationships and enhance communication between buyers and suppliers.
It was a great event, and we received excellent feedback. 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. We now have 89% of our suppliers paying the real living wage, and 76% of our suppliers are SMEs.
Look at the buyers listed on the Meet the Buyer North event page and consider who you would like to meet. Prepare your contact information When you connect with a buyer or another supplier on the day, you’ll want to exchange your contact information. Connect with other suppliers You never know, they could become your next customer!
This implies using simple processes for straightforward transactions and more sophisticated processes for complex ones, such as relational contracts introduced by Nobel Laureate Oliver Hart during the event. Sir Oliver Hart explains the guiding principles during the IDB event on Sept.
At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis.
No, you wake up thinking about how you’re going to get three kids to three different events on time, if your boss liked your presentation, or what you’re going to make for dinner. We’re here and ready to connect you with our catalogue of suppliers! This can help prevent others from falling victim to the same scam. Brought to you by:
Only two weeks to go until the Supplier Development Programme’s seventh annual Meet the Buyer North event , on 11 September at The Music Hall in Aberdeen. The Supplier Development Programme is also delighted to introduce the first ever Health Zone at Meet the Buyer North, sponsored by NHS National Services Scotland.
If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.
It provides a list of pre-qualified suppliers for a variety of requirements, via three filters (type of civils works, location and value band). Suppliers are now able to submit applications to join the DPS via PCS-T (additional details are included within the Contract Notice). A DPS is an agile electronic method of procurement.
Which got me to thinking… If you are a manufacturer, what supplier management practices might you eliminate if you had a clean slate? Here are some to consider: Segmenting suppliers by spend – By segmenting on total spend, and only focusing on those who you are spending the most with, glaring gaps open up.
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