SCMDOJO
APRIL 22, 2022
A good example would be the Rana Plaza Tragedy of 2013. Procurement is not just buying varied materials from the suppliers; it is the process of planning & identification, evaluating 100s of suppliers, selecting suppliers, adjusting the supplier performance goals, contract management, and payment evaluations.
Procurement Insights
NOVEMBER 23, 2023
Note that the date of the above report is 2022, not 2005, 2007, or 2013. But, when end users do not adopt a piece of technology, this results in wasted resources and frustration among staff and stakeholders, according to the report. We are talking about the digital transformation era and the emergence of AI. (In
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Procurement Software
JUNE 13, 2023
DeepStream DeepStream Technologies is a rapidly growing source-to-contract software based in London, providing an e-sourcing and contract management platform. Its platform allows for reverse auctions, automated RFP-RFI-RFQ, PR, and P2P processes, contract management, as well as spend analysis.
Empowering CPO
NOVEMBER 12, 2020
To answer the next part of the title question and to bring some perspective, some of the data points that can be relevant are: As per 2013 survey conducted by Frost & Sullivan, on an average companies spend 1% of their revenue on Market Research. (1% The question that now remains to be answered is about how much to spend.
Procurement Software
MAY 7, 2024
A friend got me a 3 month temporary contract managing the supply of electronic components for printed circuit assembly. Those 3 months became 3 years at my first employer as I learned the ropes of supply management and then more specifically procurement. I founded Provalido in the UK in 2013 and I’m based in Swindon.
Claritum
NOVEMBER 28, 2016
Contract management. Supplier relationship management. Supplier risk and management. Procurement performance management. source: (p2) Supply Management – The dangers of tracklink indirect cost and tail spend. %. Outsourcing of non-core procurement activities. Spend analysis. Requisition to pay.
Procurement Software
FEBRUARY 6, 2024
The company offers a simple and competitively priced contract management solution. These centralise all your company’s contract documents, giving you a top-down view of the entire contract portfolio. The company has since expanded to offer negotiations management on top of this.
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