This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
But OFPP believes the time is ripe to reduce price variance, secure most favorable terms and conditions and improve the federal cyber posture. Currently, prices routinely vary up to 20% for the same software across agencies, OMB wrote in its fact sheet about BCI in 2023. GSAs optimism for this time is based on several factors.
I think most government contractors have contracts that are negotiated and the prices are negotiated upfront, and then they have to adhere to those prices over the course of the entire five-to-10 year contract. Tom Temin Right. Kevin Plexico It’s not like the government is getting extra money for inflation as well.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. Applicability of the FAR Cost Principles The FAR Cost Principles apply to the “pricing of contracts, subcontracts, and modifications whenever cost analysis is performed.” [1]
Poorly utilized preferred suppliers with negotiatedpricing. Allow users to s earch across internally hosted supplier catalogs, Amazon Business, and other supplier sites to view and compare the results on a single screen, with real-time pricing and inventory. . How to analyze your Tail Spend: Understanding spend data.
The price of carpet @ $10.00 per m² has a strong influence on any other price we see-higher or lower. Imagine running an inventory cycle count where the physical count and book values are reconciled on a daily basis. The status quo in many organizations is only the annual inventory count- the anchor. The status quo rules.
Historically, Procurement for retail has been largely centralized: Stores request and receive inventory from corporate as needed. Retailers will need to determine where to reduce spend and where to invest — and that’s where Procurement can shine. . Decentralize Procurement. Attack GNFR Spend.
Tail suppliers are typically low-volume suppliers, often not under contract and with non-standard pricing. With Ivalua, Ahlsell was able to highly automate and standardize the process of negotiating contracts with several suppliers at the same time, delivering an unparalleled level of efficiency and benefits.
If I didn't, I could be left with additional inventory, nobody wanted to buy. I'd track sales, competitor prices, conduct physical stock counts, re-visit suggested re-order quantities, determine actual re-order quantities, chase back orders, out of stock items, review lead times and search for new and alternative sources of supply.
In fact, OMB is expected to release an updated governmentwide inventory of AI uses cases on or around Dec. The 2023 inventory showed there were more than 700 AI use cases, but the expectation is that number could easily double or triple given the excitement around generative AI and expanded use of predictive AI. “We
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”), September 13 Consumer Price Index (“CPI”) Summary states that “[o]ver the last 12 months, the all items index increased 8.3 1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7
There are more than 100 use cases listed on the VA’s 2023 AI inventory , with more than 40 in an operation phase. The VA has already begun adopting AI-based tools to improve clinical experiences and ease VA staff burdens.
On Friday, March 1st, agencies funded under the Agriculture, Energy-Water, Military Construction-VA, and Transportation-HUD appropriations bills risked entering “shutdown mode,” as the previously negotiated extension was set to expire. Funding under the CR for the remaining six agencies has been extended through March 22.
There are many variables that drive best value pricing. Suppliers take into consideration many factors, including pricing to address excess inventory, pricing to meet sales goals or drive market penetration, and pricing in response to the buyers requirements. Volume commitments drive pricing.
This year’s tables include: November 15 Multiple Award Schedule (MAS) GSA Pricing Tools Customer and Stakeholder Engagement (CASE) VA Med/Surg Supply BPAs November 16 VA Federal Supply Schedule (FSS) VA Pathfinder Program Be sure to check both agendas for more details! How will the scope of the SC-GHG be defined for each procurement?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content