Latest Content

Publishing an article allows you to share questions or challenges you face, discuss best practices you’ve found, and share your knowledge and opinions with the global community. Publish your post today!

 

 

General Electric is well known to be at the cutting edge when it comes to procurement. In this article, GE Capital has summarized some interesting lessons on best practices in sourcing and procurement, lessons we can all learn from and apply not only as organizations but also as those executing critical procurements on a daily basis.  What are key takeaways? While this article isn’t a step by step review of the sourcing process, GE Capital has summarized what we believe to be the critical “connective tissue” between the professionals leading and executing sourcing/procurement/acquisition efforts and their organizational environment. It also addresses ...
0 comments
The Procurement of Innovation Platform presents insights on managing risk across the entire procurement cycle. The approach presented is adapted from the risk management methodology “RISMAN”, adjusted to suit application in the public procurement of innovation. Also included is a helpful risk management tool framework that you may be able to immediately leverage as part of identifying and managing risks across the procurement cycle. Also included is a case study to illustrate key principles in action. Full Report: Procurement of Innovation Platform Download This Summary Image Courtesy of Woka
0 comments
NIGP (The Institute for Public Procurement) presents the basics of risk management in this tutorial. This basic tutorial covers sources or risk, how to identify risk, all the way through how to manage risk. A helpful read on the basics of risk management. Also presented are additional resources for further reading. Full Article: NIGP Download This Summary Image Courtesy of PublicDomainPi
0 comments
The RAND Corporation presents a perspective case study on reducing the cost and risk of major acquisitions at the Department of Homeland Security. The perspectives presented focus on Improving DHS’s acquisition planning capability, cited as a critical first step in improving overall performance – cost, schedule, and performance. Many public-sector procurement leaders have emphasized the need to better engage across their organizations with senior leaders and customers to conduct rigorous strategic planning (including procurement/acquisition planning). Full Case Study: RAND Corporation Download This Summary Image Courtesy of paulbr75
0 comments
We at Public Spend Forum devote a focused portion of our time and effort engaging with senior procurement executives across the public sector, both informally and also as part of our “Global Leaders Exchange” (for senior public procurement leaders) which convenes quarterly. A key theme highlighted by senior public procurement officials is the need to do a better job of infusing innovation into public procurement to better achieve mission outcomes. The Partnership for Public Service and Booz Allen Hamilton have teamed up to share their thoughts and specific recommendations on how public procurement functions can create an environment to better realize ...
0 comments
This timeless research paper lays out the 10 key, very practical strategies for managing total cost, cutting across the 3 phases of the acquisition/procurement life cycle (Pre-Award, Award, and Post-Award). When applied systematically and critically against all acquisitions / procurements, procurement functions can drive significant value and rapidly identify and eliminate unnecessary costs. Procurement leaders can significantly benefit from creating a culture that systematically applies this 10 strategy discipline across their organizations. Short case studies are employed throughout to illustrate each of the 10 strategies. What are the key takeaways? ...
0 comments
According to Kevin Brancato, director of government contracts research at Bloomberg Government, “the federal market is driven by budgets, and budgets are driven by the presidential budget request”, as commented in an April 27 webinar. “What I would advise federal contractors to look at is agency priorities and see where they align with the president’s priorities … and you’ll likely see those agencies is where the money will be spent.” Here are eight trends in federal government contracting which are expected to continue into 2018. Full Story: Federal News
0 comments
Are you thinking about social media for your government contracting business, but you're not sure where to start? Social media can provide a return on your investment, if you plan your strategy in advance. Join the Virginia PTAP - Northern Virginia, for this seminar where they guide you through the important reasons to maintain a presence on social media and what channels are appropriate for your business. Learn how to navigate the types of content to post and what steps to take to manage your social media time wisely. Date:  May 3, 2017 2:00 PM- 3:30 PM Registration Deadline:  5/3/2017 8:00 AM (EDT) - 37 places remaining Point of Contact: Elizabeth ...
0 comments
Representatives of 91 cities attended Bloomberg Philanthropies' What Works Cities (WWC) summit earlier this month, where procurement was a topic of discussion. The conversation centered on how it's actually more risky for procurement to follow the status quo, rather than to try new things, and focused on how organizations can drive change, use data to improve capabilities, and improve vendor diversity. Full Story: Route
0 comments
A federal jury on Tuesday convicted Frederick Burnett, a lieutenant colonel in the U.S. Army Reserves, of fraudulently representing that the "hundreds of thousands" of baseball caps and backpacks he supplied to the Army Recruiting Command were made in the U.S., when they were made in China. Burnett had three contracts with the Defense Department from 2005 to 2009, worth $6.2 million, to provide promotional items to be given to Army recruits. The maximum penalty is 20 years in federal prison. Full Story:
0 comments
While some have voiced concern that a bill to reform New York State's procurement was not included in the proposed budget, a bill has now made it out of the State Senate Finance Committee. The bill would restore oversight powers to the state comptroller's office, something the current comptroller has asked for in the wake of a series of scandals. The bill would also "prohibit state contracting through state-affiliated not-for-profit (NFP) entities unless explicitly authorized in law." Full Story: Times
0 comments
The Government Accountability Office (GAO) has sustained the protest of A-P-T Research, Inc., which argued that the National Aeronautics and Space Administration (NASA) failed to properly consider a potential organizational conflict of interest (OCI), and raised questions about the agency's cost realism assessment. The contract was for various support services, and GAO found that while the agency performed a pre-solicitation analysis of the potential for OCIs, it lacked any documentation to show that it evaluated the awardee's during the evaluation of proposals. Full Story:
0 comments
A hearing of the House Armed Services Committee Emerging Threats and Capabilities Subcommittee looked at how the Department of Defense (DoD) could be more agile and flexible in its approach to information technology (IT) acquisition. "Despite attempts like the Joint Information Environment and streamlining of acquisition processes, DoD's pace to improve its IT posture is not progressing with the desired speed to achieve serious efficiencies, increase security, and take advantage of enhanced capabilities that are readily available," said Rep. Jim Langevin (D-RI). Retired DoD CIO Terry Halvorsen said it's important for DoD to purchase commercial, off-the-shelf ...
0 comments
Kansas City, Missouri's Innovation Partnership Program is now in its third year, helping bring in entrepreneurs and startups to help solve some of the city's challenges. According to the story,:"The program offers startups and other businesses direct access to develop, test and demonstrate their products and services with the city. After testing the company’s offerings, the city offers valuable feedback on the experience and sometimes a contract." The program also helps businesses become acquainted with and more easily navigate the city's procurement process. Full Story: Startlan
0 comments
House Democrats have said they will not support a continuing resolution to avoid a shutdown if Republicans insist on speeding an Affordable Care Act repeal bill through the legislature this week. "If Republicans announce their intention to bring their harmful TrumpCare bill to the House Floor tomorrow or Saturday, I will oppose a one-week Continuing Resolution and will advise House Democrats to oppose it as well,” House Minority Whip Steny Hoyer (D-MD) told The Hill. Congress has until midnight tomorrow night to pass a budget resolution. Full Story: Th
0 comments
Measuring public procurement performance is no simple proposition. We find it useful to broadly reference examples of public procurement performance from public organizations, public procurement associations, and other leading thinkers on this topic. We at Public Spend Forum are also working with leaders, practitioners, and academics across the public sector in developing a public procurement performance and metrics framework that can be widely and flexibly adapted by public procurement functions. In this “procurement perspectives” article, NASPO ( National Association of State Procurement Officers) presents their broad based thinking around critical ...
0 comments
This report from the Procurement of Innovation Platform from the European Union (EU) provides specific perspectives and guiding principles on procuring innovation (and achieving an innovation orientation) in a public procurement context.  In addition, several case studies from public entities across the EU illustrate the principles in action. Full Report: Procurement of Innovation Platform Download This Summary Image Courtesy of
0 comments
While slightly dated, this article strikingly highlights many of the critical practice improvement areas needed in public procurement (along with a comparison to the private sector) – the same practices recently highlighted by members of the Global Public Procurement Leaders Exchange. In addition, the article outlines basic elements of a carefully planned procurement transformation. What are the key takeaways? The article acknowledges 3 key challenges within the context of public procurement and lays out perspectives on how they can be overcome.  The 3 challenges highlighted are: Public institutions often lack a consolidated view of their ...
0 comments
NIGP provides solid perspectives on the role of the public procurement function and how procurement’s overall positioning and the authority of the Chief Procurement Officer are cornerstones of supporting how well the procurement function can deliver against the organization’s mission. What are the key takeaways? NIGP lays out five key elements that frame the role of procurement and the best practices therein that position the procurement function to more effectively deliver on the broader organizational mission and drive higher levels of procurement value. As the NIGP “principles and practices” document states: “This best practice document ...
0 comments
While “best value” is a very broad term with imprecise meaning, this position paper from NIGP takes a leadership oriented view on the notion of “best value”, what factors may drive it and most importantly, how to orient your organization toward achieving it. It is not necessarily a step-by-step prescription of what to do. Rather, the focus is on instilling into your organization’s culture the set of philosophies and methodologies that can help you achieve best value in procurement, consistently and repeatedly. What are the key takeaways? Can “best value” be defined? In this position paper, NIGP emphasizes that best value is achieved when a set of ...
0 comments
Broadly speaking, this report from CIPS Australasia and The Hackett Group provides a detailed perspective on aligning procurement capabilities with desired outcomes. More specifically, the report provides detailed perspectives on the differences between the elements of procurement value, performance, and capabilities. How they are correlated. And how procurement functions need to align their capabilities and performance to truly drive organizational value. Full Report: CIPS Australasia and The Hackett Group Download This Summary Image Courtesy of 401(K
0 comments
President Donald Trump has reportedly said he would allow a budget deal to proceed without funding for the border wall, though new roadblocks have emerged. Funding the wall had been a sticking point in negotiations to avoid a shutdown, but reports yesterday said the president is willing to wait until the standard budget cycle in September to have that discussion. But according to The Hill, a new controversy over the government's payments to insurers as part of the Affordable Care Act may slow talks. Congress has until midnight on April 28 to make a deal. Full Story: Th
0 comments
Jason Macy, CTO of Forum Systems, writes that while the Department of Homeland Security (DHS) and the General Services Administration (GSA) may have the right idea when it comes to the Continuous Diagnostics and Mitigation (CDM) cybersecurity program, in terms of streamlining acquisition processes and simplifying risk management, it still needs an overhaul. Macy writes that the program does not focus on the right technology or the right approaches to stop cyberattacks. Full Story: G
0 comments
For growing firms, a business needs to be able to provide ways to expand understanding of an issue, and have the vision and forethought to provide something new on a particular topic. For federal government contractors, the audience that gets access to this new information may feel like this firm has something different, something no other firm has ever offered them, which in turn can make that firm more valuable in their eyes and worthy of their business. That's what thought leadership can do as a brand-building strategy. For mid-market firms, this is a vital competent for building awareness and differentiation. The inherent value of the insights ...
0 comments
While the new administration has promised a break from past Washington approaches, Obama-era acquisition leaders say the Trump White House's efficiency efforts—outlined in an April 12 memo—echo many of their policies, and are a welcomed continuation of their work. Lesley Field, the deputy administrator for federal procurement policy in the Office of Management and Budget said President Trump's efforts "shows there's commitment" to the sort of work the office had been doing under Obama. “It’s the new administration’s prerogative, but we’re ready to execute,” said Thomas Sharpe, commissioner of the Federal Acquisition Service. “Innovation in acquisition has ...
0 comments