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Contract Management’s Impact on Procurement Efficiency

The Procurement School

Effectiveness is about achieving goals being it cost, delivery or any stated procurement goal. Contract Management is not a ‘one and done’ but a continuous process that if structured correctly can lead to strong supplier relationships and better procurement outcomes.

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How to use a SWOT and PESTLE Analysis

Naomi Clews Consultancy

It is a useful tool when considering resources, competitors the marketplace and customer and supplier  relationships. Customers are reluctant to switch supplier’s due to preference of relationship and previous experience over lower rates. ​ Procurement process is time consuming. What is a PESTLE analysis?

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. That requires extraordinary work internally and co-ordination with key suppliers. The related objective for that firm is that no less than 70% of those new products should come from supplier-generated ideas. .

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Can British Businesses Fulfill Domestic Demands? Tender Contracts Can Help

Tracker Intelligence

As we’ll discuss, tender contracts are becoming an increasingly viable option for businesses to attract new suppliers and contracts. However, many businesses may not know where to turn when it comes to tender contracts. Previously, these contracts were regulated by EU law.

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Friday Flash 08/02/2024

The Coalition for Government Procurement

4 The Court rejected the government’s contention that because OTs are not procurement contracts subject to the Federal Acquisition Regulation (“FAR”), they are necessarily removed from the Court’s bid protest jurisdiction. Examining the text and legislative history of the OT statutes at issue (i.e., SAM dot What??

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Contract Data Management With AI

ivalua

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer.

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Contract Analysis leveraging AI – A Technical Overview

ivalua

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer.