Streamlined procurement for fire-rescue departments? Yes, it’s possible. Our trusted cooperative purchasing process gives you access to hundreds of contracts, allowing you to choose what's right for your department from the best fire-rescue equipment and technology solutions suppliers. No lengthy RFPs — just fast-tracked purchasing that delivers more value and choice. Your municipality is likely using Sourcewell contracts already, but if not, it’s easy to get started. https://bit.ly/4ej8I6d
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The Request for Proposal process (RFx) is the most critical area for Procurement. But, it's largely misunderstood. Teams waste time delivering a process that doesn't drive the expected outcomes. Let’s get the clarification on the difference of these three essential procurement terms:
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Uncover the hidden pitfalls in public procurement! Are you aware of the ‘red flags’ that could jeopardize your projects? Here is a list of some of them. 1.????Procurement without the need (Requirements of Identification). ? 2.????Splitting of requirement, use of less competitive method of procurement. 3.????Improper choice of contract type against the requirement, e.g. fixed price/lump sum, time-base, EPC etc. ? 4.????Relatively new establishment. 5.????Supplier owned by offshore corporate entity. 6.????Suppliers’ representatives involved in procurement processes such as drafting of bid, bid evaluation etc. ?? 7.????Supplier was dormant just prior to contract award. 8.????Supplier with negative cash flow. 9.????Politically connected Supplier. 10.?Supplier dissolved before award. 11.?Supplier having an history of faulty/unusable products or poor contractual outcomes. 12.?Similar bids, similar queries, same OEMs, similar ownership 13.?Negotiations without valid reasons or negotiations with L2/H2 bidder. 14.?Unjustified delays in contract award. 15.?Award of Contract without competition. 16.?Contract awarded before publicity of tender. 17.?Reorder under a contract awarded through urgent requirement, high-priority, high value contract. 18.?Poor Systems for contract monitoring. 19.?Unjustified delays in delivery/ work completion. Let me know if I missed a key Red Flag !! #Publicprocurement #Redflagsprocurement Views are personal. ?
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How digital procurement solutions can enhance the buyer-supplier relationship! ?? Consider how digital procurement solutions can establish greater transparency, trust and efficiency in the buyer-supplier relationship. With its complex projects and tight deadlines, the construction industry faces significant challenges during the procurement process. Traditional methods are often manual and time consuming, leading to delays, difficulties comparing quotes accurately, and problems when trying to maintain multiple supplier relationships, leading many in the industry to consider digital procurement solutions > https://ow.ly/Zwyp50REnaj #Construction #Contractors #DigitalProcurement #ConstructionSupplies
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Installation projects, often involving complex coordination and significant upfront costs, require procurement professionals to adopt strategic approaches that extend beyond simple price comparisons. ?Installation projects are inherently susceptible to unforeseen delays, technical challenges, or scope changes. Procurement teams can proactively mitigate these risks by incorporating payment terms that are contingent upon successful completion of key milestones or deliverables. When comparing supplier quotes for installations and projects, it's important to consider several key factors beyond just the price. Some are detailed in the document below: Happy Weekend ? #procurement #projectmanagement #installationproject #paymentterms #supplierselection #riskmanagement
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Installation projects, often involving complex coordination and significant upfront costs, require procurement professionals to adopt strategic approaches that extend beyond simple price comparisons. Installation projects are inherently susceptible to unforeseen delays, technical challenges, or scope changes. Procurement teams can proactively mitigate these risks by incorporating payment terms that are contingent upon successful completion of key milestones or deliverables. When comparing supplier quotes for installations and projects, it's important to consider several key factors beyond just the price. Some are detailed in the document below: Happy Weekend ? #procurement #projectmanagement #installationproject #paymentterms #supplierselection #riskmanagement
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Foth has leveraged both Deltek and FMIS for years, and with FMIS Materials Management, they’re now achieving greater control over procurement processes and reducing administrative burden. Discover the details in our case study:
Foth Enhances Procurement Efficiency with FMIS Solutions for Deltek - FMIS Software
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There's a contract for that and never let your budget keep you from obtaining the products and equipment your community needs.