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Tightened Payment Terms for Public Procurement Suppliers

Spend Network

The UK government's new tightened payment terms for suppliers in public procurement contracts signals a vital move that will have far-reaching impacts across the business landscape when bidding for contracts.

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Don’t Leave Money on the Table from Your Pandemic-Era Healthcare Procurement Contract

Government Contracts & Investigations

Your costs of performance increased, but the government only paid you the original contract price. You contracted with the government to provide N95 face masks, but your supplier could only obtain KN95 face masks. On day 30, the government asked you to accelerate performance and deliver by day 60.

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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 Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

But beyond the financial rewards, what does your business stand to gain from getting involved in public procurement with the government? And how can you stand apart from the competition to win government procurement contracts in the first place? The popularity of government procurement contracts has persisted ever since.

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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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Portugal's plan for mandatory green public procurement (III - food procurement)

Telles.eu

After the first two entries ( here and here ) of a more general nature, this one will be focused on contract specific critiques, in particular food procurement (contract types 9 and 15). How small is the potential field of suppliers (and supply) once we layer down these requirements together?

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The Benefits of AI in Procurement

Oxford College of Procurement and Supply

By utilising AI, companies can streamline the entire procurement and supply process while allowing procurement teams to focus on higher value-added tasks. Cost Savings Through spend and supplier panel analysis, AI can deliver cost savings of up to 40%.