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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.
Vishal Patel and Peter Hunt delivered their session ‘Creating Value with StrategicSourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategicsourcing. The answer is simple – automation.
To celebrate our 25th anniversary in 2025, we’re spotlighting 25 pivotal moments that reshaped the way the government operates. In some cases, like federal employee air travel, OMB now requires agencies to use the governments designated best-in-class contract for all of their purchasing in a particular category.
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.’
The event brings together an ecosystem of manufacturers, government agencies & businesses ranging from multinational corporations (MNC) to small and medium enterprises (SMEs) to shape and support their transformation initiatives. Ivalua StrategicSourcing. I valua Complete Source to Pay. processes and solutions.
Agenda Learning Objectives Complimentary Registration Live Captioning CART Agenda Join us as thought leaders from government and industry outline the changes that 5G already is bringing to military networks, the role of cloud-native technologies, and the challenges ahead to achieve interoperability among the U.S. and its allies and partners.
Launched by the Saudi government in 2016, the Saudi Vision 2030 Program is a sweeping reform initiative with the aim of diversifying the country’s economy and reducing its reliance on oil production. Developing and executing category strategies is critical to effective strategicsourcing.
They have cancelled contracts because industry feedback made it clear the government wouldn’t be successful. From my humble perspective, the Air Force should have foreseen a robust response to this requirement given the huge emphasis on cybersecurity across government and industry today.
Government and industry are working together to bring the capabilities of 5G connectivity to the federal space. Thought leaders from government and industry spoke at a recent FedInsider webinar to discuss the challenges 5G brings to military networks, the use of cloud-native technologies and interoperability hurdles.
Agenda Learning Objectives Complimentary Registration Live Captioning CART Agenda Join us as thought leaders from government and industry discuss the numerous ways that 5G is reshaping organizations, from changing work patterns to supporting emerging new technologies in fields such as healthcare and education. government agencies.
Sustainable master data management and governance: As much as 55% of projects fail due to data management issues. ERP solutions often lack robust capabilities around managing all of the data attributes for products and vendors, and cannot update them in real time or in an automated fashion. Demand planning capabilities.
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!
As a center-led procurement function FCL used Ivalua’s solution to enable non-procurement professionals within various different business sectors to conduct sourcing activities in accordance with FCL’s procurement governance. About Federated Co-operatives Limited and the Co-operative Retailing System.
With this capability, procurement departments can keep abreast of market trends and utilise strategicsourcing opportunities. Ensuring Data Quality and Governance Poor data quality undermines the value of procurement analytics.
Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing.
Define a governance structure for the project to effectively address issues. Establish the strategicsourcing program objectives and identify the owners of these objectives. Here are some recommendations when dealing with individuals and organizations. Secure executive sponsorship.
demand aggregation As one strategy for meeting this obligation, both sectors look for opportunities for volume buying or ‘demand aggregation’ wherever possible and often approach strategicsourcing from a category management perspective. Canadian companies, for their part, now have greater access to EU government contracts.
Modernizing procurement systems can enable states to manage their data and engage in strategicsourcing and management programs, as well as ensure compliance with these programs. The Federal government establishes requirements that affect eligibility for grant money.
Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. Creating value isn’t enough though, the value still has to be captured. .
When it comes down to more specific recommendations, the guidance is strong on governance, understandably. The comments and advice on governance, about risk, or supplier concentration – these all reflect very sensible, best practice approaches and activities that we would hope every competent Procurement function considers. .
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. “The These are some of the story lines in this latest edition of As the Procurement World Turns.
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!
The Government Procurement Efficiency List On Monday, the new Administration begins with a focus on operational reform as represented by the Department of Government Efficiency (the DOGE). This focus on government efficiency provides an important opportunity for a holistic review of the procurement system.
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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