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
It can analyze procurement data to identify patterns and anomalies, helping detect corrupt practices and automate tasks such as marketanalysis, supplier selection, and bid evaluation. AI’s Role in Public Procurement AI enhances procurement by improving decision-making and streamlining processes.
The process of strategic sourcing requires continuous marketanalysis, goal recognition and an ongoing re-evaluation of sourcing activities. Strategic sourcing assesses all the costs of a company’s operations and considers what value suppliers can bring. It is, therefore, a long-term process.
These websites are designed to comply with transparency and legal publication requirements, ensuring that opportunities are available to all interested suppliers. Additionally, suppliers must consider the submission requirements, which include specific documents and information that need to be provided when participating in a tender process.
After 8 months of deep marketanalysis, the Ivalua solution was the only one to meet all our requirements. In addition, Ivalua provides comprehensive and real-time data about our purchases, allowing us to manage spend and suppliers as effectively as possible.”.
GSA Requesting Feedback on Draft Supply Chain Risk Management Questionnaire The General Services Administration’s (GSA) Office of Information Technology Category has developed a supplier assurance questionnaire to gather information regarding cybersecurity supply chain risk management (C-SCRM).
It consists of eight plan elements: Begin with an executive summary; Identify critical suppliers; Identify supply chain risk to your critical assets; Implement supplier diversity; Develop a vendor attestation process; Develop a contingency plan; Train your employees; and Continuously monitor and improve.
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