VWV

OCTOBER 8, 2024

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. Part 2 will cover the debarment list; contract award process and what options are available to suppliers if things go wrong.

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Supplier Procurement Tender Transparency 52

Art of Procurement

AUGUST 22, 2024

Supplier management refers to the administration of providers of goods and/or services to a business. The post Supplier Management Explained – Definitions, Elements, and Examples appeared first on Art of Procurement. While this sounds straightforward, today’s.

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Supplier Management Procurement 52

Government Contracts

APRIL 16, 2024

General Services Administration's recent request for information concerning its intent to acquire a large amount of carbon pollution-free electricity over the next decade in the PJM Interconnection region offers key insights for companies interested in becoming electric power suppliers to federal government agencies, say Shaunna Bailey and Nicholas (..)

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Supplier Government Government IT 98

Art of Procurement

OCTOBER 22, 2023

“Developing trustworthy and reliable suppliers is critical to your business, and maintaining those relationships is beneficial to the organization as. The post Achieving Next Level Supplier Relationships appeared first on Art of Procurement.

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Supplier Procurement Risk Management Management 64

Art of Procurement

AUGUST 22, 2024

The post What is Supplier Relationship Management in Procurement? Relationships are the glue that bind the modern networked supply chain together. In a world where market conditions can change. appeared first on Art of Procurement.

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Supplier Supply Chain Management Procurement 52

Government Contracts

SEPTEMBER 23, 2024

worked for years to replace California-based digital avionics equipment supplier Rogerson Aircraft Corporation with a competitor, a jury heard in a Texas state court Monday, using Rogerson's trade secrets to prep the rival for the eventual shift. Under the code name "Project Cicada," Fort Worth-based Bell Helicopter Textron Inc.

Supplier 52

Supplier 52

Art of Procurement

SEPTEMBER 19, 2023

Supplier diversity is not just a box to tick on a corporate social responsibility checklist; it is a dynamic strategy. The post Supplier Diversity: How to Achieve Impact at Scale appeared first on Art of Procurement.

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Supplier Procurement Category Management IT 69

Art of Procurement

FEBRUARY 14, 2023

The post Revisiting the Importance of Supplier Watchlists appeared first on Art of Procurement. When the Chinese surveillance balloon was finally ‘removed’ from the sky over the Atlantic Ocean on February 4th, we all.

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Supplier Import Procurement Risk Management 96

GovCon Wire

AUGUST 7, 2024

Leidos (NYSE: LDOS) highlighted artificial intelligence and other emerging technologies at its seventh annual Supplier Innovation & Technology Symposium on Tuesday. The company said more than 170 partners and suppliers gathered at the event, which included discussions on how emerging tech can help address customer challenges.

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Supplier Collaboration Innovation IT 52

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

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Supplier Ethics E-procurement Supply Chain 98

Art of Procurement

OCTOBER 1, 2023

The post Simple Steps for Growing Supplier Diversity appeared first on Art of Procurement. “When you can demonstrate short-term success and communicate it – both inside and outside the company – it helps to.

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Supplier Procurement IT Contract 69

Art of Procurement

MAY 12, 2024

The post Dear Supplier… The Art of Giving RFP Response Feedback appeared first on Art of Procurement. “There is one thing you can do that really creates a positive ROI for an RFP respondent even if they.

Supplier 52

Supplier Procurement Management Contract 52

Government Contracts

FEBRUARY 7, 2024

A titanium parts supplier has told a Texas federal judge that it's too late for Lockheed Martin Corp. to add a claim to its lawsuit seeking to force the supplier to deliver F-35 parts, saying the defense giant was merely strategizing.

Supplier 52

Supplier IT 52

Public Contracting Institute

APRIL 23, 2024

Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project. Risks of firm fixed price contracts Underestimating costs : If the supplier fails to accurately estimate the costs involved, they may end up losing money on the project.

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Price Supplier Government Government 52

Art of Procurement

MAY 9, 2023

Investments in supplier diversity can have a significant impact on an organization’s performance, cost savings, competitiveness, brand reputation, and access. The post How Benchmarking Supplier Diversity Drives Performance appeared first on Art of Procurement.

Supplier 52

Supplier Procurement Data Management 52

Federal News Network

MAY 30, 2024

Interview Transcript: Tom Temin Dan, let’s just begin with why you would want to treat nontraditional suppliers as commercial in the first place. The post Why DoD treats non-traditional innovation suppliers as just plain commercial first appeared on Federal News Network. Hear The Federal Drive on demand.

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Supplier Innovation Price Accountability 92

Spend Network

DECEMBER 5, 2023

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.

Public Procurement 59

Public Procurement Supplier Procurement Procurement Contracts 59

Art of Procurement

APRIL 30, 2023

“In our opinion, you have to take a category management approach to supplier diversity. The post [Pod] Benchmarking Supplier Diversity to Drive Performance w/ Aylin Basom and Lois Eichacker appeared first on Art of Procurement. Find those categories where there is.

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Supplier Category Management Procurement Management 80

ExecutiveBiz

APRIL 30, 2024

GE Hitachi Nuclear Energy, the nuclear business of energy equipment company GE Vernova, has chosen BWX Technologies subsidiary BWXT Canada to become the first member of the BWRX-300 small modular reactor supplier group.

Supplier 59

Supplier 59

Art of Procurement

JULY 13, 2023

The post Russia’s Wagner Group as Rogue Supplier appeared first on Art of Procurement. On June 23rd, news broke that the Wagner Group, a private militia operating on behalf of Russia in the war.

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Supplier Procurement Risk Management Management 52

ivalua

JULY 12, 2021

In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space. The growth of supplier diversity initiatives in these regions (and others) provides unique opportunities and challenges for multinational corporations.

Supplier 98

Supplier Ethics Supply Chain Efficiency 98

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.

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Bid Rigging Supplier Bidding Price 52

Oxford College of Procurement and Supply

JANUARY 11, 2023

Businesses can be negatively impacted when a supplier fails to meet the standard required. As such, it’s important to act quickly when faced with poor supplier performance, putting adequate processes in place to resolve the issue promptly and efficiently.

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Supplier Import Quantity Efficiency 52

ivalua

AUGUST 17, 2021

Successful deployment of source-to-contract suite increases tail supplier management efficiency and optimizes overall process automation. Ahlsell was looking to optimize the management of large tail-end trading goods suppliers. The post Ahlsell Digitizes Management of Trading Goods Suppliers with Ivalua appeared first on Ivalua.

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Supplier Management Efficiency Consulting 98

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

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Supplier Management Buyers Innovation 59

Art of Procurement

JULY 10, 2023

For a long time, procurement has been looking for supplier relationships in all the wrong places. Traditional supplier discovery efforts. The post The Right Places for the Mid-Market to Find Supplier Relationships appeared first on Art of Procurement.

Supplier 52

Supplier Procurement Management 52

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

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Supplier Management Supply Chain Risk Management 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.

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Supplier Price IT 52

ivalua

JULY 6, 2021

As mentioned in Part I of this series on supplier diversity , the United States has taken over half a century to develop its supplier diversity culture into what it is today. There have been impressive examples of supplier diversity efforts in other countries, as well. Raising the Bar in Supplier Diversity Down Under .

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Supplier Tender Procurement Ethics 52

Art of Procurement

MAY 16, 2024

The post How to Build A Strategic Sourcing Strategy (that Goes Beyond Category and Supplier Management) appeared first on Art of Procurement. Strategic sourcing is one of the foundations of modern procurement. When executed well, it’s about holistically managing the entire acquisition.

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Strategic Sourcing Supplier Management Procurement 52

Art of Procurement

DECEMBER 5, 2022

The post [Pod] Who is responsible for making sure suppliers break even? In challenging economic times, each company has to eke the most value out of every contract. But are there limitations. w/ Philip Ideson and Kelly Barner appeared first on Art of Procurement.

Supplier 88

Supplier Procurement Contract Risk Management 88

Government Contracts

JANUARY 16, 2024

A fuel supplier blasted the Defense Logistics Agency for sole-sourcing a $134 million contract to a company accused by the supplier, in a separate, ongoing lawsuit, of orchestrating a contract fraud scheme straight out of a movie.

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Supplier Logistics Contract 40

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. There seems to be a drive within procurement teams to understand their suppliers and the network of suppliers under their tier one suppliers.

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Supplier Supply Chain Procurement Team Risk Management 78

ivalua

APRIL 13, 2023

The post Ivalua Supplier Collaboration Demo appeared first on Ivalua.

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Supplier Collaboration 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.

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Supplier Freight Transportation Transportation 52

ivalua

FEBRUARY 12, 2021

Supplier Relationship Management has taken on new meaning in the unprecedented times in which we find ourselves living. Now is the time to rethink supplier relationships for 2021 and beyond. Supplier Relationship Management – time to rewrite the rule-book? What does this teach us about Supplier Relationships?

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Supplier Management Supply Chain Tender 52

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

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Business Strategy Supplier Supply Chain Ethics 64