The Procurement ClassRoom

MAY 11, 2024

It is concerned with the “what” of public procurement—focusing on procuring goods , services , and works that meet specific requirements, delivered on time, within budget, and at the required quality. This supports not only the public sector entity and its stakeholders but also the broader community.

Public Procurement 98

Public Procurement Efficiency Procurement Management 98

ivalua

APRIL 13, 2021

Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability. These can impact the brand and hence revenue.

Supply Chain 52

Supply Chain Procurement Supplier Collaboration 52

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. .

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

University of Bristol

DECEMBER 5, 2022

Approximately a third of public sector spending goes to procure third-party goods, services, and works. Public buyers seeking to procure goods, services or works from the market need to process large amounts of information to choose a responsible provider offering the best possible terms on quality, cost, experience, etc.

Procurement 52

Procurement Government Government Buyers 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. Source-to-Pay is typically broken into two parts – upstream and downstream. Let’s get started below!

Supplier 52

Supplier E-procurement Supply Chain Purchasing 52

Procurement Notes

OCTOBER 10, 2022

For significant inflation, especially over a sustained time period where there may be multiple adjustments, the superior approach seems to be an Agency-designed clause which relies upon a cost index. ]” [26] I take this as an implied acknowledgment that, generally, FAR 52.216-4 is suited to minor, not major, cost fluctuations.

Government 40

Government Government Price Contract 40