Government procurement

Transparent Energy Brings Cost-Saving Benefits of Auction-Based Energy Procurement to State, Regional, and National Associations

Retrieved on: 
Tuesday, March 9, 2021

FAIRFIELD, N.J. and CHICAGO, March 09, 2021 (GLOBE NEWSWIRE) -- Transparent Energy, the national leader in online energy procurement, today announced it is rolling out a new program for local, regional, and national Associations to bring the benefits of auction-based energy procurement to their members.

Key Points: 
  • FAIRFIELD, N.J. and CHICAGO, March 09, 2021 (GLOBE NEWSWIRE) -- Transparent Energy, the national leader in online energy procurement, today announced it is rolling out a new program for local, regional, and national Associations to bring the benefits of auction-based energy procurement to their members.
  • Seagraves brings with her a 12-year track record of success and excellence delivering energy advisory and procurement services to the nations most vital Associations.
  • Working in partnership with Transparent Energy, Associations and their members gain the following benefits:
    7-8% annual energy cost reduction compared to traditional procurement methods.
  • Transparent Energy is the go-to resource for C&I companies, institutions, associations, and government agencies for energy procurement and energy advisory services.

EcoVadis Announces 2021 Sustainable Procurement Leadership Award Winners

Retrieved on: 
Monday, March 8, 2021

EcoVadis, the worlds most trusted provider of business sustainability ratings, today announces the winners of its fifth annual Sustainable Procurement Leadership Awards program.

Key Points: 
  • EcoVadis, the worlds most trusted provider of business sustainability ratings, today announces the winners of its fifth annual Sustainable Procurement Leadership Awards program.
  • The EcoVadis Sustainable Procurement Leadership Awards celebrate excellence and recognize the outstanding performance of companies in engaging and integrating sustainability into their relationships with trading partners around the globe.
  • This award is nominated and selected by the EcoVadis team based on sustainable procurement program results and demonstrated excellence in program strategy and execution.
  • Gemma TYNDALL, EU Procurement Sustainability and Safety Manager, Amazon EU
    On behalf of the whole sustainability procurement team at Amazon, its a great honor to receive this award from EcoVadis.

Organizations View Procurement as Increasingly Strategic

Retrieved on: 
Tuesday, March 2, 2021

Between July and October 2020 Chief Procurement Officers, Directors of Procurement and other senior executive-level decision makers participated in the 2020 Procurement Performance Excellence (PPE) Survey.

Key Points: 
  • Between July and October 2020 Chief Procurement Officers, Directors of Procurement and other senior executive-level decision makers participated in the 2020 Procurement Performance Excellence (PPE) Survey.
  • The main positive from this report, in my opinion, is that procurement is viewed more strategically than four years ago.
  • The survey report also indicated that the average number of suppliers managed by a strategic procurement professional has increased considerably, from six in 2016 to 16 in 2020.
  • The survey found that 70% of participants have at least started to digitize highly standardized procurement processes; but the high number of employees in operational procurement (on average, 125 operational procurement FTEs to 37 strategic procurement FTEs) indicates that there is still lots of potential for further digitalization and automation.

Conduent Selected for National Procurement Contract to Provide Agencies with Medicaid Services

Retrieved on: 
Tuesday, February 16, 2021

We provide the highest standard of excellence for public cooperative contracting, and were pleased to add Conduent as a qualified vendor for Medicaid, said Sarah Hilderbrand, Chief Operations Officer at NASPO ValuePoint.

Key Points: 
  • We provide the highest standard of excellence for public cooperative contracting, and were pleased to add Conduent as a qualified vendor for Medicaid, said Sarah Hilderbrand, Chief Operations Officer at NASPO ValuePoint.
  • Many agencies are moving away from a monolithic MMIS approach to implement an integrated suite of services that are modular and flexible.
  • The National Association of State Procurement Officials (NASPO) is a non-profit association dedicated to advancing public procurement through leadership, excellence, and integrity.
  • NASPO ValuePoint is the cooperative purchasing division of the National Association of State Procurement Officials (NASPO), facilitating cooperative public procurement solicitations using a Lead State model.

DGAP-News: Siltronic AG: Combination of Siltronic and GlobalWafers clears first important hurdles - minimum acceptance threshold reached and clearance from German Federal Cartel Office

Retrieved on: 
Monday, February 15, 2021

Munich, Germany, February 15, 2021 - The combination of Siltronic and GlobalWafers has cleared the first important hurdles.

Key Points: 
  • Munich, Germany, February 15, 2021 - The combination of Siltronic and GlobalWafers has cleared the first important hurdles.
  • The minimum acceptance threshold of 50 percent of GlobalWafers' voluntary public tender offer was reached with 56,92percent.
  • The German Federal Cartel Office (Bundeskartellamt) had also given its clearance for the business combination on February 9, 2021, as it saw no indications that competition in the wafer industry could be impeded by this transaction.
  • In the view of the German Federal Cartel Office, semiconductor producers will have sufficient current and potential procurement alternatives after the business combination.

Beacon Global Strategies Expands by Adding Four National Security Professionals to Growing Team

Retrieved on: 
Thursday, February 11, 2021

WASHINGTON, Feb. 11, 2021 /PRNewswire/ --Today Beacon Global Strategies (BGS), a leading strategic advisory firm focusing on global public policy, government procurement, and geopolitical risk analysis, announced four new members to its growing team.

Key Points: 
  • WASHINGTON, Feb. 11, 2021 /PRNewswire/ --Today Beacon Global Strategies (BGS), a leading strategic advisory firm focusing on global public policy, government procurement, and geopolitical risk analysis, announced four new members to its growing team.
  • will bring further depth and breadth to Beacon's market leading practices helping companies navigate national security decisionmaking and emerging trends for disruptive technologies.
  • "We are thrilled to welcome these accomplished individuals and look forward to the value they will add to our team.
  • Founded in 2013, Beacon Global Strategies is a bipartisan strategic advisory firm that provides clients an in-depth understanding of national security decision-making to advance objectives and solve problems in Washington and abroad.

Transparent Energy Bookings Surge as C&I and Institutional Customers Flock to Savings and Safety of Online Energy Auctions

Retrieved on: 
Wednesday, February 10, 2021

By establishing the best online auction platform for energy procurement in our industry, backed by the market expertise of our unequaled staff, Transparent Energy has provided a safe haven for our customers throughout this past tumultuous year, said Paul Shagawat, Managing Partner and Co-Founder, Transparent Energy.

Key Points: 
  • By establishing the best online auction platform for energy procurement in our industry, backed by the market expertise of our unequaled staff, Transparent Energy has provided a safe haven for our customers throughout this past tumultuous year, said Paul Shagawat, Managing Partner and Co-Founder, Transparent Energy.
  • Transparent Energys key 2020 accomplishments included:
    Suppliers logged an average of 85 bids during Transparent Energys online procurement events, delivering customers invaluable price discovery and hundreds of millions of dollars in energy savings compared to legacy, analog procurement methods.
  • Renewable energy growth and innovation as evidenced by successfully conducting the first-ever online auction for a Community Choice Aggregation Westchester Power, a program of Sustainable Westchester.
  • Transparent Energy is the go-to resource for C&I companies, institutions, and government agencies for energy procurement and energy advisory services.

RiseNow and Tealbook Team up to Power Digital Procurement Transformation

Retrieved on: 
Tuesday, February 9, 2021

Both companies each play a key role in helping enterprise procurement professionals achieve e-procurement transformation.

Key Points: 
  • Both companies each play a key role in helping enterprise procurement professionals achieve e-procurement transformation.
  • "The need for accurate and comprehensive supplier data continues to be a pain point for many of our integration customers," said Dave Bryan, Partner at RiseNow.
  • "The collaboration with RiseNow is a perfect complement to both of our organizations as we help customers truly attain e-procurement transformation.
  • Tealbook's mission is to deliver a 'Trusted Source of Supplier Data' to an ever-growing procurement space.

New Contract Between WEX Bank and NASPO ValuePoint Offers Savings To States and Other Eligible Users

Retrieved on: 
Monday, February 8, 2021

Its an honor to have been selected by NASPO ValuePoint to serve its member base," says Bernie Kavanagh, senior vice president and general manager of large fleet at WEX.

Key Points: 
  • Its an honor to have been selected by NASPO ValuePoint to serve its member base," says Bernie Kavanagh, senior vice president and general manager of large fleet at WEX.
  • "WEX has extensive experience serving the federal, state and local public fleet marketplace and we are looking forward to bringing that expertise to NASPO members."
  • As NASPO is the nations largest procurement cooperative, all participating states will be able to share in the contract.
  • NASPO ValuePoint is the cooperative purchasing division of the National Association of State Procurement Officials (NASPO), facilitating cooperative public procurement solicitations using a Lead State model.

SpendEdge Releases Sourcing Procurement Intelligence Report for the Financial Reporting Software Market | Evolving Opportunities and New Market Possibilities Post Pandemic

Retrieved on: 
Monday, February 1, 2021

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their Financial Reporting Software Market Intelligence Report , for the Information Technology market is expected to grow by USD 4,270.86 million as we reach 2025.

Key Points: 
  • Global procurement intelligence advisory firm, SpendEdge, has announced the release of their Financial Reporting Software Market Intelligence Report , for the Information Technology market is expected to grow by USD 4,270.86 million as we reach 2025.
  • View the full release here: https://www.businesswire.com/news/home/20210201005492/en/
    SpendEdge has announced the release of its Global Financial Reporting Software Market Procurement Intelligence Report (Graphic: Business Wire)
    Collaborations with global suppliers will also help buyers in cost-saving and ensure high-quality procurement in the forthcoming years in this dynamic market.
  • Buyers should align their preferred pricing models for Financial Reporting Software with the wider industry and identify the cost-saving potential.
  • To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free .