While the government buys F-35s and missiles, it also buys staplers and paper towels like other ordinary consumers, and often for amounts under $10,000 (the government’s micro-purchase threshold). Just like private citizens, government buyers look online for these commodities. Online channels such as e-marketplaces facilitate purchases by lowering transaction costs, diversifying suppliers, optimizing user experience, and expediting order fulfillment.
However, the government has needs and challenges of its own. It must protect taxpayer dollars, prevent improper purchases, and comply with legal requirements such as competition. Furthermore, the government is not a monolithic buyer. It has over a million purchase cards with over 60 million transactions. This further compounds the buying challenges for the government in the commercial marketplace. Nevertheless, individual agencies have embraced e-marketplaces.
In case you are keeping track:
MarketPlace Logan opens local favorites within Logan terminals : NEREJ
Boston, MA According to MarketPlace Logan, an affiliate of New England Development and manager of the Boston Logan Concessions Program, some local favorites have landed at Boston Logan International Airport.
The transformation of dining and shopping options throughout all Boston Logan terminals continues and in recent weeks the Boston Logan Concession Program welcomed even more local favorites including the upscale gastropub Monument Tavern from Charlestown to Terminal B and Mija Cantina & Tequila Bar from Faneuil Hall Marketplace to Terminal C.
Indigo Marketplace Now Offers Pricing Tools for Grain Transactions to Help Growers Mitigate Risk
Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the launch of pricing tools to U.S. growers. With a suite that helps growers better manage price risk, Indigo's pricing tools aim to maximize the earning potential of any grain marketing strategy.
Growers can use pricing tools as part of their grain contract with Indigo Marketplace, giving greater flexibility into delivery windows and locations. Additionally, growers are not required to open a brokerage account with a financial institution, freeing up cash flow. Finally, transacting with any of these tools is accompanied by Indigo's pricing desk and grain marketing specialists, a team of marketing professionals who support growers through the selling process.
FCC Seeks Input on Competition in Communications Marketplace - Multichannel
The FCC's new Office of Economics and Analytics has asked for comment for its biennial report to Congress on the state of competition in the communications marketplace.
That encompasses competition for voice, video, audio and data services from " providers of telecommunications, providers of commercial mobile service, multichannel video programming distributors, broadcast stations, providers of satellite communications, Internet service providers, and other providers of communications services."
Check out this next:
More apprenticeships seen as key to labor market problems - Marketplace
When Stan Best was finishing high school in the 1980s, everyone from his parents to high school guidance counselor were in agreement: he should go to college.
"I went to Virginia Tech for about a year and a half and I left before they could throw me out. I was responsible for paying for my own way," Best said. He wasn’t getting much out of it. Then his brother encouraged him to apply for an apprenticeship at Huntington Ingalls’ Newport News Shipbuilding, where workers build aircraft carriers and submarines for the military.
Rio Grande Valley: Bi-national marketplace – Produce Blue Book
By anybody's definition, Texas is big, occupying more than 268,000 square miles. It takes nearly 14 hours to drive across the state, from Orange in East Texas to El Paso (which is closer to Albuquerque than to any major city in Texas) at the westernmost tip. But turn at San Antonio, head south a few hours, and you'll find yourself in the Rio Grande Valley, the epicenter of the state's produce industry.
The Valley, as it's known, sprawls across a southern stretch of the Lone Star State and is one of the fastest-growing regions in the country, comprised of four counties: Hidalgo, Cameron, Starr, and Willacy.
Fiserv On Connected Commerce's New Frontiers | PYMNTS.com
To get a sense of what connected commerce might look like in the near future — a continuum of transactions, seamless and intuitive — picture this:
It's the day of the big game. You've already bought your digital ticket through the team's app and you're in the car on the way to the park. With a simple, verbal command, your in-car voice assistant helps to locate, navigate to and pre-pay for parking. After you arrive in the stadium, you have a beer and nachos delivered directly to your seat.
My bf wants to pay my rent - This Is Uncomfortable from Marketplace
Sometimes you run into a problem so tough, so awkward, so infuriating, you have to assemble all your best and brightest friends to vent, commiserate and figure it out.
Listen to every “Group Chat” episode here and find a few edited highlights from this week’s installment below.
Sam Sanders: When I heard this question, it made me think, “This is more than just buy-the-nice-thing or not-the-nice-thing.” It seems as if there’s a larger issue of money management throughout his month. So my advice to you would be: Every pay cycle, every month, however you do it, sit down and say this much money goes to savings, this much money goes to retirement, this much money goes to rent, whatever. The rest of it, I can do whatever I want.
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