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Transparency with Purpose – Public Sector Procurement

ivalua

Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. Worse still, a lack of structure might suggest that no one is truly managing the spend.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

“Partnering with Consus Global and our successful deployment of Ivalua will accelerate our progress in supply chain optimization at REV Group by applying a powerful toolset of data, supplier management, and competitive bidding capabilities to our team,” says Rob Vislosky, Chief Supply Officer of REV Group. “We ABOUT CONSUS GLOBAL.

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Duct Tape Can’t Fix Your Legacy Systems

ivalua

They also want transparency, but in their case, it is visibility into new bids, the state of existing bids, awards, and payment status. All systems must make it possible to track and report on what is being done with funds so that taxpayers have sufficient understanding and trust the decisions being made.

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Increased Transparency: Greater visibility for all as to the opportunities available (or already planned) to work with city and state agencies.

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Unique Problems Require Unique Solutions

ivalua

Enormous, complex, global enterprises use procurement technology to manage their spend, suppliers, contracts and bids every day without seeming to run into the same stumbling blocks as the public sector, which operates on a smaller and more localized basis.

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What to Expect When You’re Expecting (to Buy a TMS Solution)

Supply Chain Collaborator

Inbound Logistics’ Emma James put together a great list of the most commonly sought-after features and functionalities to look for in a good TMS solution in an article titled, “Choosing a TMS – What’s Your End Game”. Her TMS solution wish list includes: End-to-end execution. Carrier contract/bid management. Connectivity.

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Counterintuitive strategies to navigate the recession: Part 2

Zycus Cognitive Procurement

You may provide better demand visibility to the vendor partner. Best-in-class organizations also conduct ‘reverse auctions’ for comparative bidding to ensure minimum supplier cost. Doing so can help reduce the end-to-end process cycle time from a few weeks to a couple of days or even a few hours.