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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.
The agency stated in its release that Microsofts commitment to this effort ensures a unified approach offering consistent benefits to agencies regardless of size or purchasing method.
Follow along below to see how Lawson Products , a leading distributor of fleet and facility maintenance solutions, can transform the way facilities and procurement departments procure and manage supplies through VendorManaged Inventory (VMI) services and dedicated support. What is Lawson VendorManaged Inventory?
GSA says its IT VendorManagement Office is close to finalizing a governmentwide deal with Microsoft. The Government Accountability Office found in January that 10 vendors, including Microsoft, Adobe, Salesforce and Oracle accounted for 73% of all licenses purchased by the 24 agencies reviewed.
Looking ahead As we continue to advance this initiative, the insights gained from our ongoing discussions and negotiations will inform our strategies, ensuring that the federal government remains a prudent and effective purchaser of IT resources.
Audrey IZARD, Chief Purchasing Officer for Indirect Sourcing for the L’Oréal Group , will address the audience with her ESG-inspired keynote “Partnering for a More Sustainable World”. . This year, we’ve invited industry thought leaders to join 5 expert panels covering data, supplier collaboration, procurement finance, and vendormanagement.
As is, the healthcare supply chain is complex with multiple players involved such as manufacturers, distributors and group purchasing organizations (GPOs) supporting and interacting with multiple departments and care delivery points. Quite often there can be a general lack of spend and vendormanagement and strategic sourcing activities.
Not only did they address an emergent operational issue, but they also took the first step toward the digitization of vendormanagement and purchase order placement processes. . After they designed, built, and deployed the solution, they could register hundreds of suppliers within hours of launching. A Path Forward.
We’ll also hear from Otto Tell, Business Navigation Manager & Digital Leader – Global Purchasing Development at IKEA and Karolina Hagberg Chinell, CPO at Ahlsell. Access the full speaker list HERE. The interactive sessions will also dedicate time for peer discussion.
Last month, the Federal Acquisition Service (FAS) issued a draft Request for Quotes (RFQ) for the proposed governmentwide ASCEND Blanket Purchase Agreement (BPA) for cloud services. FAR & Beyond: What is the Trajectory of the ASCEND BPA? Both established and aspiring federal contractors should follow any developments on the bill.
These professionals excel in managing supplier relationships, understanding contract nuances, and mitigating risks. Their ability to leverage market trends and data-driven insights results in smarter purchasing decisions, enhancing the efficiency and effectiveness of supply chains.
At the most basic level, because generative AI tools are software, acquiring them must follow the same acquisition policies and rules as other IT and software purchases. These generative AI tools are getting better and more agencies are asking their contracting officers to help procure the right solutions.
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