Tag: supply chain management

Solicitation Methods

Black Swans: Anticipate Your Supply Chain Reactions

In a report released in late April , IBM’s Institute for Business Value weighs in on how organizations can reduce vulnerabilities through smarter supply chains. As supply chains start to react to the pandemic and deploy permanent changes in their processes, how can procurement officials brace for the change?
In this post we explore what changes supply chains are anticipated to make, and what those changes mean for public procurement officials. Read more “Black Swans: Anticipate Your Supply Chain Reactions”
Emergency Procurement & Risk Management

CORONAVIRUS and Supply Chain Risk

The World Health Organization has declared a global state of emergency due to the outbreak of the Coronavirus (COVID-19). The ramifications of the travel bans relating to the outbreak and slowed manufacturing due to shortages of labor and raw materials means vendors in your supply chain may be affected.
To learn more on what to expect and recommendations on managing risk in the supply chain, keep reading.

Read more “CORONAVIRUS and Supply Chain Risk”

Market Research

Back to the Value

Thirty-Five years ago, when the Value Chain Model was first introduced, procurement was viewed  narrowly as cut and dry cost savings. But as suppliers become more citizen-centric, central procurement officers (CPOs) need to become more value-aware of procurement’s unique position. Public procurement should no longer be viewed narrowly for cut and dry cost savings, but for the additional value the procurement process can add as a strategic partner.   Read more “Back to the Value”

NASPO Events & Education

Build Today for a Better Tomorrow

NASPO’s Higher Education initiatives are built upon our relationships with academic partners. After more than three years of working with these impressive academics and their students, the answer to a need of our membership often lies with one of our partner schools. NASPO encourages its membership to participate in academic partner career fairs, case competitions and many other events, but the ultimate goal is to build an example for the states to model when reaching out to their local institutions. NASPO has worked to establish relationships with top-tier Supply Chain Management programs across the country. Of course, the primary goal in everything we do is to serve our members, and these partnerships are no different.

Read more “Build Today for a Better Tomorrow”

Procurement Methodologies

5 Things You Should Know About Reverse Auctions

Are reverse auctions a win-win for both parties? The answer depends on who you ask, and as always, “the proof is in the pudding”. If done right, they can be a win-win for both buyers and suppliers. The online reverse auction is a cost-effective way in which a single buyer procures goods or services from multiple bidders using an online bidding platform. In this article, we will share a few tips to help demystify reverse auctions and maximize mutual benefits for both parties.

Read more “5 Things You Should Know About Reverse Auctions”