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The term is commonly used in procurement discussions of compliance or conformance with Section 508. The VPAT was developed by ITI in partnership with the U.S. government's central procurement office, the General Services Administration , starting in 2001 to address the general issue of matching ICT product features to Section 508 accessibility ...
In supply chain management, the Kraljic matrix (or Kraljic model) is a method used to segment the purchases or suppliers of a company by dividing them into four classes, based on the complexity (or risk) of the supply market (such as monopoly situations, barriers to entry, technological innovation) and the importance of the purchases or suppliers (determined by the impact that they have on the ...
In business performance management, a third-generation balanced scorecard is a version of the traditional balanced scorecard, a structured report, supported by design methods and automated tools, that can be used by managers to keep track of the execution of activities by the staff within their control, and to monitor the consequences arising from these actions.
Supplier relationship management (SRM) is the systematic, enterprise-wide assessment of suppliers' strengths, performance and capabilities with respect to overall business strategy, determination of what activities to engage in with different suppliers, and planning and execution of all interactions with suppliers, in a coordinated fashion across the relationship life cycle, to maximize the ...
OpenProcurement consists of a Centralized database (CDB) and the API through which specialized electronic platforms can interact with the CDB and module auctions. [5] Third-party web platforms (web platforms, which implement components of the e-procurement system, and give access to purchasing organizations, vendors, and ordinary visitors) interact with CDB using OpenProcurement API and ...
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Individual judgment can be biased, which may require balancing with objective measures. One approach is to identify a list of criteria such as cost and financial stability, assign a weight to each one and to score each vendor on each criterion. Then multiply the score by the weight and sum to get a final score. . [1] [2]
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