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In last week’s blog , I began discussing telltale signs that you have entered the new age of strategicsourcing. Leading manufacturers have proven that best-in-class strategicsourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.
When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance. Here is how we can help.’
Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain riskmanagement in healthcare and improved patient care? Demand planning capabilities.
Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and riskmanagement. With this capability, procurement departments can keep abreast of market trends and utilise strategicsourcing opportunities.
The Coalition for Government Procurement would like to thank everyone who attended and participated in this week’s Spring Training Conference – What is Fair and Reasonable, Part 2: Let’s Continue the Dialogue!
A checklist guide to getting the most out of your supplier riskmanagement program. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . Employ more structured processes around supplier riskmanagement. Drive competition and achieve savings.
When it comes down to more specific recommendations, the guidance is strong on governance, understandably. There should be effective management oversight by the “management body”, and outsourcing policies, sound processes and control frameworks must be in place.
Bloomberg Government estimated that 40% to 60% of all federal procurement spending happens in the federal fourth quarter. He said the way the government does CPARs hasn’t changed in 30 years. OMB says it is working with agencies to prioritize their acquisition data management needs.
The Coalition for Government Procurement is excited to share the draft agenda for the healthcare-focused day of our 2024 Fall Training Conference, The 2025 Federal Market: What’s Next? ! Announcing the Healthcare Agenda for the Fall Training Conference – The 2025 Federal Market: What’s Next? We can’t wait to see you there!
White House Announces “Better Contracting Initiative” On November 8, the Biden-Harris Administration announced the next phase of the Federal Government’s enterprise approach to purchasing goods and services, known as the “Better Contracting Initiative (BCI).” in the federal marketplace.
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