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What is Cooperative Purchasing & How Does it Benefit Public Sector Procurement?

American City & Country

Cooperative purchasing , by combining the needs of many agencies, not only lowers costs but also improves access to quality products and services, simplifies procurement processes, and ensures compliance with regulations. What is Cooperative Purchasing? Other agencies can also use the contract with competitive pricing and terms.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

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Sole Source Justifications are Required for Purchases Over $10,000

Redstone Government Consulting

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.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .

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Ivalua Supports the Digitalization of Tchibo’s Indirect Purchasing Process with its Source-to-Contract Solution

ivalua

Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Founded in 1949, the company today has a turnover of €3.2 ivalua.com.

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

New suppliers are entering the market and bidding more actively too. The number of suppliers per buyer increased from 8.0 The total value of purchases during this period increased by 160%, reaching 12.37 billion) 3 , while the value of single-source purchases remained more or less stable (see Figure 2). in 2021 to 4.2

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Saving the planet through procurement: Governments are identifying ways to use purchasing to achieve and support sustainability goals

American City & Country

This report encouraged governments big and small to improve the “environment content” of their purchasing policies. As environmental issues have become more important to governments and administrations within the last few decades, it has gotten easier to identify ways to leverage purchasing to support these goals.