If your company has ventured into traditional government procurement, you are probably well aware of the downfalls of the procurement processes. For years, traditional public sector procurement processes have been criticized for being slow, inflexible and for limiting the purchases of goods and services from a select amount of vendors by government agencies. These issues with traditional government procurement processes still persist today.
To combat these downfalls, many organizations have devoted resources to improve the processes and overcome hurdles that are detrimental to government innovation and efficiency. If you currently are involved or interested in selling to the government, you should be aware of some of the improvements that are occurring in the government procurement process.
The State of California is now implementing a redesigned Request for Proposal (RFP) and IT planning process to prevent backtracking and speed up the deployment of new projects. Traditional government RFPs with long timelines, complex rules, and tight guidelines around liability has discouraged some of the most innovative IT companies from entering the government marketplace. To help amend these restrictions and find better ways to procure technology, North Carolina plans to test products before purchasing them in the state’s new innovation center. This initiative will ensure that products can actually fulfill the statement of work and meet budget requirements.
BidSync, a provider of eProcurement solutions, has created a vendor management portal to consolidate the entire procurement process called FastFWD. From soliciting vendors, receiving bid notifications, managing contracts and requesting purchases, this tool provides government agencies with greater ability to manage and grow their networks of qualified vendors, while reducing the amount of time and manpower needed to manage these relationships. FastFWD utilizes new startups to launch new projects and solve old problems from the lack of early engagement with vendors that have led to restrictive or limited solutions. To learn more about the improvements being made to the procurement process, read “5 New Approaches to Government Procurement.”
Kevin Lancaster leads Winvale’s corporate growth strategies in both the commercial and government markets. He develops and drives solutions to meet Winvale’s business goals while enabling an operating model to help staff identify and respond to emerging trends that affect both Winvale and the clients it serves. He is integrally involved in all aspects of managing the firm’s operations and workforce, leading efforts to improve productivity, profitability, and customer satisfaction.