American City & Country

NOVEMBER 18, 2024

The lead agency conducts the solicitation and RFP process, sets the terms, and awards the contract to a supplier. Other agencies can also use the contract with competitive pricing and terms. By pooling demand, public sector entities can benefit from bulk buying discounts and negotiated price reductions.

Purchasing 58

Purchasing Procurement IT Quality 58

Government Contracts & Investigations

SEPTEMBER 25, 2023

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]

Negotiation 98

Negotiation Price Government Contracts IT 98

Scottish Government Procurement

JULY 11, 2024

We have published a Construction Policy Note (CPN) to provide notification of new guidance which details an alternative method of determining the price score in tender assessments – the Graduated Pricing Mechanism (GPM). The principle is that the lowest price is awarded the highest score (i.e. What is the GPM?

Price 62

Price Tender Public Procurement Finance 62

ivalua

DECEMBER 5, 2019

As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Suppliers offer an excellent source of knowledge to help businesses rapidly innovate. Cost-focused approaches block innovation.

Supplier 68

Supplier Innovation Procurement Consumer Demands 68

Oxford College of Procurement and Supply

JANUARY 9, 2024

One way to reach this objective is to focus on the cost of acquisition rather than the price of acquisition. Price and cost are often terms that are used interchangeably but in reality, the terms are quite different. Cost vs Price Consider two people going to a supermarket at the same time to buy the same list of groceries.

Price 59

Price Supplier Quality Procurement 59

ivalua

SEPTEMBER 3, 2015

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. But collaboration is not reserved for suppliers.

Supplier 69

Supplier Collaboration Management Negotiation 69

ivalua

OCTOBER 7, 2015

From the moment that manufacturers began outsourcing the making of parts and components that go into their products, supplier segmentation took on extreme importance. Suppliers were quickly categorized in many ways… by quality, performance, price, riskiness, and so on. What is ABC 2 for supplier segmentation?

Supplier 61

Supplier Supply Chain Manufacturing Import 61

USFCR

OCTOBER 2, 2024

Whether you're new to federal contracting or an experienced supplier, knowing the differences between contract types is crucial for success in this complex industry. Firm-Fixed-Price Contracts Firm-fixed-price contracts are the most widely used in government procurement.

Government Contracts 105

Government Contracts Government Government Contract 105

Open Contracting Partnership

NOVEMBER 7, 2024

The Prebases module now simplifies the administrative tasks of the 90 spending units in Mexico City by strengthening market studies and obtaining direct information from suppliers, experts, and citizens. Download our infographic to get all the results at a glance. And read the full story here.

Procurement 62

Procurement IT Budget Electronics 62

Redstone Government Consulting

NOVEMBER 11, 2024

The Government wants to pay a fair and reasonable price for products and services that they purchase and expects you to pay your suppliers a fair and reasonable price. FAR 52.244-5 Competition in Subcontracting includes the requirement to select subcontractors and suppliers on a competitive basis to the maximum extent possible.

Purchasing 88

Purchasing Supplier Price Thresholds 88

ivalua

DECEMBER 2, 2015

Product manufacturers have become increasingly dependent on their strategic suppliers to create a competitive advantage in the market. These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success. Effective Supplier Engagement Requires a Structured Approach.

Supplier 56

Supplier Strategic Sourcing Manufacturing Demand 56

Government Contracts

NOVEMBER 1, 2024

Pharmaceutical chemical supplier Medisca Inc. million to resolve allegations it created false and inflated average wholesale prices for ingredients used in compound prescriptions sold to pharmacies that increased reimbursement and caused federal healthcare programs to pay more for them, the U.S. has agreed to pay $21.75

Price 52

Price Supplier IT 52

Government Contracts

MAY 1, 2024

A food supplier must face a U.S. Department of Defense agency's efforts to recoup the purported $5 million lost to an ex-employee's bid-rigging scheme, after a contract appeals board ruled the contractor was required to provide fair, unrigged prices.

Bid Rigging 52

Bid Rigging Supplier Bidding Price 52

The Procurement ClassRoom

JUNE 25, 2019

Price analysis can be considered a stage of bid evaluation depending on the provisions of a legal and regulatory framework. It is an assessment of the evaluated price of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier.

Evaluation 52

Evaluation Price Bidding Procurement 52

ivalua

APRIL 8, 2021

Supplier diversity is not a new concept. The real challenge is that supplier diversity has generally been viewed as competing with other objectives, such as cost reduction or lowering risk. With diverse suppliers generally being local, that meant supplier diversity competed against the core supplier strategy.

Supplier 52

Supplier Freight Transportation Transportation 52

Government Contracts

DECEMBER 8, 2023

Titanium parts supplier Howmet Aerospace countered Lockheed Martin's quest to have it deliver F-35 parts under a decades-old deal price, telling a Texas federal judge that the aerospace and defense contractor only wanted to avoid taking on titanium cost hikes.

Supplier 52

Supplier Price IT 52

GovSpend

FEBRUARY 29, 2024

The agenda promised insights into vendor verification, sourcing new vendors, validating pricing against historical purchase orders, market research, and tailoring bids and RFQs for success. To further illustrate the importance of price validation, Paige then walked the audience through a spending search for Chromebooks.

Procurement 105

Procurement Purchasing Price Bidding 105

ivalua

MARCH 18, 2021

The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions.

Strategic Sourcing 98

Strategic Sourcing E-auction Automotive Total Cost of Ownership 98

Federal News Network

JANUARY 12, 2024

On November 16, 2023, the General Services Administration issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. limits on the timing and number of price adjustments). Pricing context is dependent on accurate, relevant data.

Price 52

Price Negotiation Data Contract 52

ivalua

JUNE 28, 2021

Financial impact of COVID-19 has delayed payments and kept focus on cost, but research shows this is adversely affecting supplier relationships and access to innovation. The research, conducted by Coleman Parkes, surveyed 300 suppliers across the UK, France, Germany and Switzerland, to examine supplier relationships with their buyers.

Supplier 52

Supplier Supply Chain Buyers Collaboration 52

Open Contracting Partnership

APRIL 4, 2025

Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.

Procurement 52

Procurement Collaboration E-procurement Procurement Team 52

ivalua

JUNE 29, 2021

Enabling rapid, cost-effective and transparent supplier payments anywhere in the world. Redwood City, CA, June 30, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its source-to-pay platform with a new payments solution to digitize and streamline global supplier payments.

Supplier 52

Supplier Supply Chain Transparency Finance 52

Art of Procurement

NOVEMBER 17, 2022

The AOP Key Price Drivers is a content offering created in partnership with ProcurementIQ that looks at the direction of. The post Key Price Drivers – Domestic Air Travel appeared first on Art of Procurement.

Price 52

Price Procurement Category Management Supplier 52

Whistleblower Network News

OCTOBER 17, 2024

According to the SEC, Raytheon violated the FCPA as it “used sham subcontracts with a supplier to pay bribes of nearly $2 million to Qatari military and other officials from 2011 to 2017 to obtain Qatari military defense contracts.” Department of Defense (DOD). Boynton, head of the Justice Department’s Civil Division.

Negotiation 107

Negotiation Price Corruption E-procurement 107

Tracker Intelligence

AUGUST 30, 2024

The opportunity for suppliers is to be active and willing participants in helping the public sector and contracting authorities to achieve its goals. It’s often suppliers who bring the innovations and fresh approaches, so it’s a fantastic opportunity to showcase what you can do. “It What can suppliers do?

Supplier 52

Supplier Supply Chain Sustainability Public Procurement 52

Federal News Network

SEPTEMBER 12, 2024

.” Evans said DLA analyzes risk in relation to vendors and the item being purchased, in relation to the price quoted for that item. That’s part of the supplier performance risk system, DLA’s authoritative source for vendor performance. In other instances, however, it will flag an award for manual review.

Contract 107

Contract Supplier Logistics Efficiency 107

ivalua

OCTOBER 7, 2015

From the moment that manufacturers began outsourcing the making of parts and components that go into their products, supplier segmentation took on extreme importance. Suppliers were quickly categorized in many ways… by quality, performance, price, riskiness, and so on. What is ABC2 for supplier segmentation?

Supplier 40

Supplier Supply Chain Manufacturing Import 40

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Enhanced collaboration as the software allows Procurement, stakeholders and suppliers to exchange information quickly, but also to work jointly on certain item. 100% of electronic POs.

Eprocurement 94

Eprocurement E-procurement Supplier Purchasing 94

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. Create a specific data map.

Supplier 40

Supplier Total Cost of Ownership Supply Chain Cost of Ownership 40

The Coalition for Government Procurement

JANUARY 12, 2024

On November 16, 2023, GSA issued a proposed rule updating the General Services Acquisition Regulation (GSAR) Federal Supply Schedule Economic Price Adjustment (EPA) clauses. The rule proposes to remove “certain economic price adjustment requirements within these clauses to better align with commercial standards and practices.”

Price 45

Price Negotiation Data Supplier 45

ivalua

MAY 9, 2023

In light of existing rules, vendors can deter competition by driving prices down in competitive tenders. However, this strategy may lead to a lack of options and price volatility within the market.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

ivalua

JULY 14, 2022

The right technology can help provide the transparency needed to better assess risk and contingency options, and improve the effectiveness and efficiency of collaboration with suppliers.”. Notably, 71% of procurement leaders say they’ve had a supplier take advantage of supply chain problems to unjustifiably increase prices.

Supply Chain 97

Supply Chain Manufacturing Procurement Management 97

ivalua

SEPTEMBER 13, 2020

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis.

Procurement 81

Procurement E-auction E-procurement Supplier 81

ivalua

MARCH 21, 2019

In order to understand the evolution of supplier networks you need to have a rudimentary understanding of the Network economy. through email, or messages), business have increasingly looked at networks to connect with their suppliers. Number 1: Your supplier relationship is yours alone. Number 2: Size actually doesn’t matter.

Supplier 40

Supplier Networking Supply Chain Media 40

American City & Country

SEPTEMBER 24, 2024

Supplier Connections: Our job is to provide members with trusted cybersecurity supplier options, making it easy to find and purchase the right products and services at competitive prices, ensuring cost efficiency. We’re here and ready to connect you with our catalogue of suppliers! Brought to you by:

Supplier 97

Supplier Retail Accountability Data 97

ivalua

DECEMBER 5, 2019

Businesses more reliant than ever on suppliers as the pace of innovation increases, but two-thirds view their relationships as primarily transactional. The research , conducted by Vanson Bourne on behalf of Ivalua, found that 60% of UK businesses say they consider the role of suppliers important when it comes to driving innovation.

Supplier 9

Supplier Innovation Collaboration Supply Chain 9

ivalua

SEPTEMBER 3, 2015

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. But collaboration is not reserved for suppliers.

Supplier 40

Supplier Collaboration Management Negotiation 40