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You are here: Home / Government Contracting News / ‘CEOs’ to build on $2 billion in federal acquisition savings

March 10, 2016 By AMK

‘CEOs’ to build on $2 billion in federal acquisition savings

The Obama administration’s decision to name 11 executives to lead the government down the path toward better buying is one of 23 actions it has taken over the last 15 months to implement category management.

Those actions, the White House says, have saved or avoided agencies spending more than $2 billion.

Anne Rung, Administrator, Office of Federal Procurement Policy
Anne Rung, Administrator, Office of Federal Procurement Policy

Anne Rung, the administrator of the Office of Federal Procurement Policy, said naming the category managers is a crucial step in getting greater value out of the $440 billion the government spends annually on procurement.

Rung named 11 category managers on Feb. 25 to bring 10 commodity buying areas under better control by conducting spend analysis, market research, financial and supply chain risk analysis, and using this information to develop strategic plans specific to the category with clear metrics and outcomes.

“OMB, working with the category management leadership council, identified the agencies that would manage each of these categories. We looked at the agencies with the greatest amount of expertise and proven excellence in their category. We allowed the agencies to identify the best person to run the category,” Rung said in an interview with Federal News Radio. “These category managers are category CEOs, so we did specify that we wanted a senior executive managing these categories.”

Keep reading this article at: http://federalnewsradio.com/acquisition-policy/2016/03/ceos-build-2b-acquisition-savings/

Filed Under: Government Contracting News Tagged With: Better Buying Power, category management, OFPP, OMB, procurement reform, reform

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