GovSpend

FEBRUARY 29, 2024

The agenda promised insights into vendor verification, sourcing new vendors, validating pricing against historical purchase orders, market research, and tailoring bids and RFQs for success. This revelation motivated him to bring more transparency to government purchasing.

Procurement 105

Procurement Purchasing Price Bidding 105

ivalua

APRIL 1, 2019

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. It does not tell us much about the suppliers.

Supplier 53

Supplier Management Supply Chain Strategic Sourcing 53

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Think about all the users (requisitioners, approvers) of a P2P process and the amount of time they spend purchasing if the process is inefficient. A typical example is purchase order (PO) updates.

Eprocurement 94

Eprocurement E-procurement Supplier Purchasing 94

Oxford College of Procurement and Supply

AUGUST 23, 2023

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?

Strategic Sourcing 52

Strategic Sourcing Import Total Cost of Ownership IT 52

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier 52

Supplier Management Supply Chain Sustainability 52

ivalua

JANUARY 31, 2023

This puts the Procurement function in a central role towards establishing a transparent emissions baseline using reliable data and collaborating with suppliers on carbon savings plans to meet reduction targets and for reporting and risk assessment. They can use these models to focus on high-emitting categories and products.

Supply Chain 98

Supply Chain Innovation Supplier Sustainability 98

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

Ethical procurement is becoming increasingly important in our ever more complex, interconnected, and global economy. In this post, we explore what ethical procurement means and why it is so important. Why is Ethical Procurement Important? What is Ethical Procurement? What are the Challenges to Ethical Procurement?

Ethics 52

Ethics Import Procurement Supply Chain 52

ivalua

MARCH 30, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

ivalua

FEBRUARY 8, 2023

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. Why is visibility so important? Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

MAY 30, 2023

It is an important part of the decision-making process and requires careful consideration of a wide range of factors, such as cost, quality, reliability, and delivery times. However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

Open Contracting Partnership

OCTOBER 30, 2023

In the Kun Jarygy coalition’s first year, they detected 270 purchases with violations, resulting in five criminal cases and KZT 11.38 And the media outlet ProTenge has stopped suspicious purchases worth at least US$3 million. The media outlet ProTenge has stopped suspicious purchases worth at least US$3 million.

Procurement 120

Procurement E-procurement Public Procurement Corruption 120

ivalua

SEPTEMBER 28, 2020

Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. No PO, no Pay was born to force suppliers to add PO’s to Invoices by forcing Buyers to create PO’s.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

Open Contracting Partnership

MARCH 28, 2024

Bridging the digital divide: Implementing open procurement for effective digital transformation Digital transformation is arguably the most important administrative undertaking of governments around the world. Purchased systems need to replace or work within existing systems.

Procurement 138

Procurement Framework Agreement IT Public Private Partnership 138

Nitrous: Public Procurement

AUGUST 27, 2020

Why are SMEs so important for public procurement? It’s important to note that it isn’t just the government doing the small businesses a favour; it’s commonly held that SMEs are more flexible, adaptable and find efficiencies faster. They are not always purchased directly. SMEs constitute around 90% of businesses in the EU.

Public Procurement 52

Public Procurement Import Procurement Innovation 52

Open Contracting Partnership

OCTOBER 11, 2023

We designed a data analysis project to show how public open datasets can be used to uncover important issues and bring public attention to who is supplying what, for how much and whether there are any links between suppliers and high-ranking public officials.

Data 123

Data Corruption Supplier Public Procurement 123

How to Crack a Nut

SEPTEMBER 22, 2023

I am delighted to present to How to Crack a Nut readers an outline of my recently published book Framework Agreements, Supplier Lists and Other Public Procurement Tools: Purchasing Uncertain or Indefinite Requirements (Hart Publishing, 2023).

Purchasing 52

Purchasing Framework Agreement Public Procurement Public Procurement System 52

Tracker Intelligence

MARCH 16, 2025

Through customised insights and tender notifications that link them to public sector contract possibilities and government procurement organisations, Tracker Intelligence assists suppliers in navigating this difficult market. They combine demand from many councils, resulting in economies of scale and easier access to contracts for suppliers.

Public Procurement 52

Public Procurement Procurement Tender Eprocurement 52

Open Contracting Partnership

SEPTEMBER 25, 2024

Initially, the reforms focused on two key actions: public institutions were required to create an annual GPP implementation plan with self-defined targets as well as a performance record of their green purchases. million and 4,415 new jobs created in the green economy, according to official figures.

Green Public Procurement 78

Green Public Procurement Public Procurement Procurement IT 78

How to Crack a Nut

JANUARY 13, 2025

The plan also formulates a series of core principles underpinning those goals, which include the need to Invest in becoming a great customer: government purchasing power can be a huge lever for improving public services, shaping new markets in AI, and boosting the domestic ecosystem. 41 PA23 and Sch.5 performance evaluations).

Procurement 64

Procurement Tender Supplier Innovation 64

ivalua

DECEMBER 20, 2019

One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources.

Supplier 40

Supplier Supply Chain Balance Manufacturing 40

ivalua

MARCH 16, 2020

For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. Körber’s purchasing and supply chain management organisation is responsible for all procurement processes.

Supply Chain 19

Supply Chain Procurement E-procurement Supplier 19

ivalua

MAY 9, 2023

Norway Public Sector Solution Details Jarrod McAdoo Director of Product Marketing Jarrod McAdoo brings over 26 years of procurement experience to Ivalua as a product expert for the Analytics & Insights, Supplier Management, Spend Analysis, and Environmental Impact Center Solutions.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

SmallGovCon

MARCH 4, 2024

This post explores some of the important reasons for considering filing a NAICS code appeal. For our purposes, it’s important that the SBA assigns a different size standard to each NAICS code based on dollar number of receipts or number of employees. What is a NAICS Code? SBA publishes a table of all the size standards.

Bidding 109

Bidding Procurement Import Purchasing 109

FedScoop

SEPTEMBER 13, 2024

As that process begins, federal officials discussing the migration are highlighting the importance of actions such as prioritizing high-value assets, working toward “crypto agile” systems, and purchasing compliant tools. What are our high-value assets that are subject to needing post-quantum encryption? We mostly buy things.

Inventory 139

Inventory Capacity Import Procurement 139

ivalua

OCTOBER 21, 2015

If you work in sourcing or supplier management, you need to ask yourself: is complacency killing my business? More specifically, are your supplier engagement approaches separating you from your competition or causing you to lose ground? If the latter is true, are you paranoid enough to do something about it?

Supplier 40

Supplier Manufacturing Innovation Purchasing 40

Oxford College of Procurement and Supply

AUGUST 19, 2024

As a procurement professional it is paramount that “we” are aware of the conduct of our suppliers within all tiers of our supply chain. Any supplier within our chain should be performing positively in relation to these areas if they wish to remain on an approved supplier database. How much of your waste goes into landfill?

Supply Chain 59

Supply Chain Ethics Buyers Supplier 59

ivalua

JULY 15, 2015

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The decision making process used to select suppliers must be fact-based and driven by a rigorous analytical approach. Are you evolving with the times?

Strategic Sourcing 58

Strategic Sourcing Total Cost of Ownership Cost of Ownership Supplier 58

Open Contracting Partnership

APRIL 1, 2024

Seven suppliers were awarded contracts. Over 50% of the total award value (PHP 573 million) was awarded to one supplier (Philippine Chemsteel Industries, Inc). PhilGEPS was such an important partner in the project,” says Abante. Competition: A total of 14 unique contractors bid on the projects.

Budget 136

Budget Transportation Transportation Bidder 136

Oxford College of Procurement and Supply

JANUARY 9, 2024

As a procurement professional one of your main objectives will be achieving value for money on purchases. How to Apply Cost vs Price Theory to Procurement When making purchases to fulfil business needs, we should consider all associated expenses of a product or service to ensure we are evaluating cost and not price.

Price 59

Price Supplier Quality Procurement 59

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

OCTOBER 22, 2020

Hence, I thought it valuable to review why the Procure-to-Pay Process flow is so important today and, most importantly, how to realize the potential value of a successful digital transformation. The same logic supports effective supplier risk management. Investing in Procure-to-Pay solutions is seeing the bigger picture.

Procurement 59

Procurement Supply Chain Purchasing Supplier 59

ivalua

APRIL 13, 2021

Unlocking Supplier-Led Innovation. 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.

Supply Chain 52

Supply Chain Procurement Supplier Collaboration 52

How to Crack a Nut

OCTOBER 18, 2023

SCL AI Clauses The SCL AI clauses have a clear commercial orientation and are meant as a starting point for supplier-customer negotiations, which is reflected on the fact that the proposed clauses contain two options: (1) a ‘pro-supplier’ drafting based on off-the-shelf provision, and (2) a ‘pro-customer’ drafting based on a bespoke arrangement.

Supplier 75

Supplier Transparency Negotiation Procurement 75

Inter-American Development Bank

OCTOBER 31, 2024

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. For LAC countries, digital technologies can be an important ally in achieving this balance. What is Smart Public Procurement?

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

Oxford College of Procurement and Supply

APRIL 15, 2024

Negotiation can take place at the beginning of the procurement cycle where the need for a purchase is established through to the last stage where the need is being reviewed. As such when we negotiate, planning and preparation is key – this is arguably the most important part of the negotiation process.

Negotiation 59

Negotiation Supplier Procurement Distribution 59

Open Contracting Partnership

DECEMBER 6, 2023

The city government of Klaipeda runs the Dancer bus service through a comprehensive, 10-year lease agreement that is the first purchase of its kind in the country, a result of Lithuania’s shift to using green criteria for public contracts. You can see how green different procurement procedures are too. For example, in October 2023, 97.5%

Procurement 89

Procurement Buyers E-procurement Public Procurement 89

Tracker Intelligence

NOVEMBER 4, 2024

Public sector procurement relies heavily on framework agreements as a streamlined purchasing tool for goods and services. Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently.

Framework Agreement 52

Framework Agreement Procurement Supplier Tender 52