article thumbnail

What is Strategic Sourcing and Why is it Important?

Oxford College of Procurement and Supply

It formalises the gathering, analysis and application of information to assist companies in aligning their purchasing strategy with their goals and securing the best possible value. In this post, we explain what strategic sourcing is, why it is important and how it can be implemented. Why is strategic sourcing important?

article thumbnail

Unlocking Profitable Opportunities in Railway Cleaning

Tracker Intelligence

The Importance of Railway Cleaning Tenders Railway cleaning tenders are an important link between service providers and the demand for clean, well-maintained trains and depots. Numerous opportunities exist for businesses specialising in cleaning services to participate in railway tenders and cleaning contracts.

Tender 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Secure Your Business Growth: Find Security Guard Tenders on Tracker Intelligence

Tracker Intelligence

Market analytics: The platform provides market analysis to enable businesses to understand market trends. The platform’s features aim to optimise time, increase the chances of winning a bid, and provide important information about the market to support strategic actions.

Tender 52
article thumbnail

A Comprehensive Introduction to the Government’s SBIR & STTR Program

Govshop

Recognizing the importance of fostering innovation in small businesses, the United States government has established the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

article thumbnail

A Comprehensive Introduction to the Government’s SBIR & STTR Grant Program

Govshop

Recognizing the importance of fostering innovation in small businesses, the United States government has established the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grant programs.

article thumbnail

Friday Flash 10/20/23

The Coalition for Government Procurement

The new FAS structure provides an opportunity to increase transparency through sustained engagement with industry in this important area. Given the significant pricing policy changes outlined in the PAP, it should have been subject to public review and comment. Third, the alignment provides an opportunity to improve data management.

article thumbnail

Master Your Business Classification with the Ultimate Guide to NAICS Code

Select GCR

business data, which holds great significance for policy development and economic analysis. NAICS are structured hierarchically from broad sectors to specific industries and are pivotal for business identification, market analysis, and compliance with regulations and tax requirements. How can NAICS codes help my business?