article thumbnail

Report: Boeing Proposes Funding Spirit AeroSystems Reacquisition With Stock

ExecutiveBiz

Boeing initially planned to reacquire Spirit AeroSystems in an all-cash transaction but made a last-minute move by proposing to fund its purchase of the aircraft parts manufacturer using mostly company stock, The Wall Street Journal reported Monday.

article thumbnail

Bindi Patel Named Contracts & Procurement VP, Corporate Risk Officer at Ensco; Jeff Stevens Quoted

GovCon Wire

Bindi Patel, a more than two-decade consulting industry veteran, has been appointed vice president of contracts and procurement and corporate risk officer at Springfield, Virginia-based defense and space manufacturing company Ensco.

professionals

Sign Up for our Newsletter

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

article thumbnail

Mastering IP Negotiations in Government Subcontracts: 7 Best Practices

Public Contracting Institute

It’s important to know how to handle IP negotiations the right way. Learn more about intellectual property in government contracts Best Practice 1: Prepare Well Before Negotiations Before you start negotiating, it’s smart to do an IP audit. This helps you know what to ask for in negotiations.

article thumbnail

Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

article thumbnail

Whistleblower Suits Lead to Massive Rite Aid Settlements Relating to Opioid Dispensing and Reporting Rebates

Whistleblower Network News

This allows the government to receive the benefit of any price concessions provided by drug manufacturers. Rite Aid and its Elixir subsidiaries lined their corporate pockets with millions of dollars of manufacturer rebates that should have been reported to Medicare,” said U.S. Attorney Rebecca C.

Insurance 109
article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms. Doug has a B.S.

Price 105
article thumbnail

Collaboration will drive future sourcing and supplier management success

ivalua

Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. In many cases, collaboration is simply an advanced state of negotiation.