GovCon Chamber of Commerce

AUGUST 5, 2024

Register in the HHS Vendor Supplier Portal to rise above your competition. The HHS Vendor Supplier Portal HHS awards approximately $30B to government contractors but there are 12 Operating Divisions in HHS and e ach procures their own goods and services independently. Go to SBCX Registration and Click ' Register ' in the top menu.

Government 111

Government Government E-procurement Buyers 111

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 Innovation 40

Oxford College of Procurement and Supply

JANUARY 9, 2024

We need to consider quality, lead time, supplier reputation, warranty, maintenance, operational expenses, carriage, insurance, and many more aspects. In summary, evaluate all your suppliers’ quotations against the key areas of importance to your business such as quality, efficiency, or durability.

Price 59

Price Supplier Quality Procurement 59

Select GCR

JULY 9, 2024

In the business and governmental sectors, Request for Information (RFI) notices are commonly used to gather detailed information from potential suppliers, contractors, or service providers. Providing clear and concise introductory information helps suppliers understand the context of the RFI.

Quality 52

Quality Supplier Evaluation Quality Management 52

Scottish Government Procurement

FEBRUARY 1, 2024

‘Participation’ describes how people get involved in decisions which affect or are important to them. It is anticipated that the appointed suppliers will be both organisations operating at a national level and those working within specific communities.

Framework Agreement 76

Framework Agreement Participation Supplier Public Procurement 76

GovSpend

FEBRUARY 29, 2024

Paige emphasized the importance of assessing a vendor’s credibility and reliability using historical data, including which government agencies they’ve worked with and whether they deliver goods and services on time. Verifying Vendors for Credibility and Reliability: The first topic covered was the crucial process of vendor verification.

Procurement 105

Procurement Price Purchasing Bidding 105

Select GCR

SEPTEMBER 3, 2024

When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This step is crucial to ensure that the selection of a single supplier is justified as the only available source for a product or service. But what happens when only one supplier can fulfill a specific requirement?

Procurement 52

Procurement Supplier Price Competitive Bidding 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 115

Data Corruption Supplier Media 115

Open Contracting Partnership

MARCH 8, 2024

When given opportunities, these businesses excel in delivering quality and innovation. For instance, women producers in Palmira are suppliers for the school meals program and other food provision services. Construction continues to be the second most important industry, and office supplies took the place of food sales.

Government Contracts 73

Government Contracts Leadership Government Government 73

Oxford College of Procurement and Supply

JANUARY 29, 2024

The benefits of sourcing from overseas include factors such as: Access to a wider market Access to expertise and technology Lower prices If you read last month’s blog you will have discovered or been reminded of understanding the importance between price and cost. There is no ultimate right or wrong decision when considering global sourcing.

Global Sourcing 59

Global Sourcing IT Price Supplier 59

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 73

Supplier Transparency Negotiation Procurement 73

ivalua

OCTOBER 28, 2015

Suppliers have never been more important. As a result, your suppliers now have a very significant impact on the price and quality of your products, your company’s reputation and ability to innovate, and even the success of the new offerings your company introduces into the marketplace. See below for examples.

Supplier 40

Supplier Total Cost of Ownership Supply Chain Cost of Ownership 40

Oxford College of Procurement and Supply

JULY 28, 2023

Cost Savings Through spend and supplier panel analysis, AI can deliver cost savings of up to 40%. Quality Improvements By reducing and automating manual tasks, AI helps to ensure consistent standards of quality by limiting the risk of error. It also promotes optimal complaint management and enables better analysis of returns.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

ivalua

JUNE 6, 2022

Every year, the International Association for Data Quality Governance and Analytics (or IADQGA) runs their Data Quality and Governance study. Among the most valuable topics we addressed was a deceptively complex question: what is quality data? Supply chains are in a battle for data supremacy.

Data 52

Data Procurement Quality Supply Chain 52

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Supplier Data Quality & Management in Decision Making. Managing a complex network of direct material suppliers.

Supply Chain 69

Supply Chain Procurement Procurement Team Supplier 69

Tendersinfo

MARCH 24, 2021

The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful. Procurement Implementation- It includes activities related to the acquisition, selection of suppliers, contract award, and other activities of contract administration.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

The Procurement ClassRoom

JUNE 2, 2024

These documents communicate the intent of the procurement entity to enter into contracts with suppliers, contractors, or consultants for the provision of goods , services , or works. Quality Requirements : They describe the quality and specifications of the goods , services , or works required.

Public Procurement 91

Public Procurement Bidding Procurement Bidder 91

GovSpend

MARCH 18, 2024

Paige emphasized the importance of assessing a vendor’s credibility and reliability using historical data, including which government agencies they’ve worked with and whether they deliver goods and services on time. Verifying Vendors for Credibility and Reliability: The first topic covered was the crucial process of vendor verification.

Procurement 52

Procurement Price Purchasing Bidding 52

ivalua

AUGUST 11, 2021

This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. . Why is it Important? This includes understanding who their suppliers are, how they do business and what standards they operate by. Does Responsible Sourcing Pay?

Supply Chain 52

Supply Chain Ethics Supplier Sustainability 52

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. Access to technical expertise Problem: Lack of specific technical expertise for informed choices within government.

Procurement 134

Procurement Framework Agreement IT Public Private Partnership 134

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Redwood City, CA, 13 October, 2022. Ivalua is a leading provider of cloud-based Spend Management software.

Supply Chain 52

Supply Chain Transparency Procurement Procurement Team 52

ivalua

JULY 16, 2020

A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. The results show businesses face several hurdles when implementing sustainability initiatives, with 93% claiming it is challenging to gain visibility into suppliers to track the environmental impact of their supply chain.

Sustainability 52

Sustainability Supply Chain Supplier Quality 52

Tendersinfo

APRIL 8, 2021

A weightage-based criterion helps the procurement team to select the best out of the lot that gives the best value in terms of Cost, Quality, and experience. It takes into account components like Cost, Quality, and Technicality of various bid proposals while deciding a contract award.

Procurement Team 52

Procurement Team Evaluation Tender Procurement 52

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

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

ivalua

MAY 19, 2022

But why is this so important for business, and what does it mean for prospects and customers? How important is this partnership to both Ivalua & TransferMate? This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.

Supply Chain 52

Supply Chain Supplier Buyers Finance 52

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. Lowering due diligence standards can lead to unexpected quality, ethical, or sustainability issues. Ivalua is a leading provider of cloud-based Spend Management software.

Procurement Team 52

Procurement Team Supply Chain Procurement Supplier 52

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). They check the availability and quality of constructed bike lanes, particularly in major metropolitan areas using OpenStreetMaps regularly updated via crowdsourcing.

Budget 132

Budget Transportation Transportation Bidder 132

Government Contracts & Investigations

OCTOBER 30, 2023

You contracted with the government to provide N95 face masks, but your supplier could only obtain KN95 face masks. The government accepted the substitution, but withheld partial payment based on the differing product quality. It is important to get the technicalities right because it could determine your ability to recover.

Procurement Contracts 52

Procurement Contracts Contract Procurement Price 52

ivalua

AUGUST 17, 2021

Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. Monitoring and measuring value is where the procurement organization takes a holistic view of the Source-to-pay process and supplier relationships. What is Direct Procurement?

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

JUNE 12, 2020

The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. As supply chains were disrupted, those organizations that had the closest relationships with suppliers were most likely to gain preferred access to keep goods flowing, and effectively forecast.

Collaboration 52

Collaboration Supplier Supply Chain Procurement 52

Oxford College of Procurement and Supply

JULY 17, 2024

To enhance our status and ensure that we are providing optimum value without reducing quality, we can work to a LEAN approach. Do the minimum necessary to allow functionality but how the finish is may not be important. This approach was first implemented in manufacturing in the 1950s after the Second World War.

Inventory 59

Inventory Manufacturing Transportation Transportation 59

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. The ultimate goal is to realize contracted savings and ensure that suppliers ‘perform to contract’. Hidden costs due to late deliveries or quality issues .

Supplier 52

Supplier End to End Procurement Integration 52

ivalua

JULY 13, 2022

ESG initiatives give the opportunity for businesses to grow, remain competitive, and innovate with new suppliers, but they also add a layer of complexity to procurement processes. The percentage of purchased goods emissions by suppliers with science-based targets. Supplier Selection.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

Tendersinfo

JUNE 4, 2021

As government bids follow a definite procurement process it is important for Bid Managers to meet all the deadlines and eligibility criteria of Government Procurement. Most government institutions have a Supplier Database and it is important to get yourself registered in the respective portals to secure a free and fair chance to bid.

Bidding 52

Bidding Tender Buyers E-procurement 52

ivalua

APRIL 9, 2021

The research, conducted by Forrester Consulting and commissioned by Ivalua, found that procurement has become of growing importance to organisations, with 85% of respondents indicating that executive leadership recognises procurement’s role in revenue growth. Inaccurate data leads to inventory management challenges.

Procurement Strategies 52

Procurement Strategies Supply Chain Procurement Inventory 52

ivalua

APRIL 8, 2021

The research, conducted by Forrester Consulting and commissioned by Ivalua, found that procurement has become of growing importance to organizations, with 85% of respondents indicating that executive leadership recognizes procurement’s role in revenue growth. Inaccurate data leads to inventory management challenges. Download the full study*.

Procurement Strategies 52

Procurement Strategies Supply Chain Procurement Inventory 52