Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Insights

SEPTEMBER 15, 2023

As an introduction or lead-in to that old post, I want to share the following excerpt from an article written in June 2023 responding to the question – What is AI in supply chain in 2023? Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.”

Buyers 75

Buyers supply chain software solutions Bidding Quality 75

Pipefy

JANUARY 31, 2023

B Bid A submission from a supplier or vendor containing a cost estimate for goods or services, usually in response to a business’ invitation to bid. Successful bids often contain the supplier’s past relevant projects as a proven track record of success and a detailed plan to deliver the product in a timely manner.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 52

Procurement Software

MARCH 7, 2023

Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? Improvements to end-to-end supply chain efficiency.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

TYA Suite

JANUARY 27, 2025

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Advanced Features of Procurement Management Systems are advanced features of procurement management systems that enable electronic transactions between buyers and suppliers.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Procurement Software

APRIL 18, 2023

With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. This saves buyers not only money, but hours of conversation time. This involves suppliers competing in sequential bidding.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Competitive bidding for €10k worth of one-time spend. For the operational and transactional columns, how many of these tasks could be done by an Admin Assistant, Data Analyst or a Junior Buyer? Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Jaggaer

JUNE 28, 2024

The events brought together key industry leaders to discuss the strategies for navigating the evolving landscape of procurement and supply chain management. This integration underscores the critical role of ESG factors in assessing and mitigating risks across the supply chain.

Chief Procurement Officer 52

Chief Procurement Officer Strategic sourcing Strategic sourcing supply chain software solutions 52

Procurement Software

DECEMBER 5, 2022

Possible Disadvantages of using P2P and S2P software. Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? We’ll cover the plethora of software solutions available to handle the entire P2P process or its specific steps later.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Empowering CPO

DECEMBER 3, 2020

If the supplier is offering inconsistent prices, suspiciously high prices or there is a huge difference in price of winning bid and other bids, surprisingly similar prices between bids, fewer bids for a particular market or suspicious subcontracting agreements, then it should trigger an alarm for you. Contact us today.

Chief Procurement Officer 52

Chief Procurement Officer Bidding Strategic sourcing Strategic sourcing 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Competitive bidding for €10k worth of one-time spend. For the operational and transactional columns, how many of these tasks could be done by an Admin Assistant, Data Analyst or a Junior Buyer? Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Procurement Software

JULY 4, 2023

Procurement technology, or procuretech, refers to software which powers these digital tools which automate and streamline procurement. Software can be used to not only assist procurement teams to automate manual processes such as data entry, document processing and vendor communication. What is procurement tech?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Procurement Insights

AUGUST 26, 2024

For example—and I find it interesting that I reference them more today than I did back then—the Commonwealth of Virginia’s eVA initiative began with an early 2007 post titled “Yes, Virginia, there is more to eProcurement than software.” Here is the link to that first post. In the U.S., In the U.S.,

Procurement 52

Procurement Eprocurement Supply Chain Efficiency supply chain software solutions 52

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. You’ll also notice that Procurement is often talked about as part of the Supply Chain. That sucks!

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

The Procuretech Podcast

MAY 3, 2022

Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? He explains a win/win situation here - with both buyers and suppliers benefiting from richer, more detailed data. Sign up for the Procurement Software Newsletter.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Bidding Sourcing supply chain software solutions 52

HICX

DECEMBER 15, 2022

After gaining experience, David went on to establish his own business, Procurated , which connects public sector buyers with peer-reviewed suppliers. And I think that’s what we, as procurement professionals, are going to start demanding from our software providers.”. The tools are easy, simple and intuitive.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Planergy

OCTOBER 20, 2022

Sourcing Supply Chain Management. RFX – request for X – can refer to any request a buyer issues a vendor – thereby applying to any of these documents. An ROI, also called an Expression of Interest or EOI, is not a solicitation for bids but a way for organizations to gauge interest from potential suppliers.

Buyers 52

Buyers Supply Chain Efficiency Price Suppliers 52

Procurement Software

MAY 21, 2024

We are now at a place where you could replace all of your tactical negotiations and tactical spend in procurement with a piece of software. It’s not unreasonable to be able to negotiate much, or all, of your tail spend with a piece of software. Then, we need to look at where we could possibly, or even probably, get to in the future.

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Procurement 52

Planergy

AUGUST 8, 2023

Open Tendering Open tendering is a procurement method that allows companies to bid on goods in an open competition or solicitation. It also requires objective evaluation measures to ensure accurate bids. Two-Stage Tendering Two-stage tendering is a procurement method where the buyer invites tender in two stages.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

World of Procurement blog

MAY 8, 2024

Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. Conduct supply chain audits and due diligence on high-risk categories. Purchasing interacts mainly with suppliers.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Some of the first-hand areas from small to large organizations have been: An $8 billion global company has been placing all items for bid each year to realize cost savings. Landgraf, CEO at Above the Standard ( [link] ). Another $1.5

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Finale Inventory

JULY 26, 2024

Introduction to Finale Inventory for Ecommerce Finale Inventory is a robust and comprehensive inventory management software solution tailored specifically for ecommerce businesses. This proactive feature helps prevent stockouts and ensures a smooth supply chain operation.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. E-procurement software automates an organization’s entire procurement cycle and integrates it into other systems. What are e-procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Jaggaer

OCTOBER 8, 2019

This does not necessarily mean “hands-on” knowledge of software development, as the software applications are now available in secure multi-tenant cloud-based solutions. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) 4) The “Day of Digitalization”.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Planergy

JULY 21, 2023

Goods have fixed prices, whereas services usually involve negotiation between buyers and sellers to reach a pricing agreement. Wasted Spend Without adequate supply chain management , organizations risk wasting a lot of money. Learn about us, and our long history of helping companies just like yours.

Management 52

Management Procurement supply chain budgeting Budget 52

Procurement Software

MARCH 11, 2022

Of course, procurement software can help you to achieve all of these much faster. Forcing clunky software or even worse, an archaic ERP system, onto them isn’t going to make you many friends. Implementing user-friendly purchase order processing software such as Procurify will get you halfway there. Eliminate maverick spend.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Of course, procurement software can help you to achieve all of these much faster. Forcing clunky software or even worse, an archaic ERP system, onto them isn’t going to make you many friends. Implementing user-friendly purchase order processing software such as Procurify will get you halfway there. Eliminate maverick spend.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Spend analysis can be conducted using a variety of tools, from deploying the most cutting-edge source-to-pay software to using PivotTables in Microsoft Excel spreadsheets. The Supply Chain Game Changer Job Board!

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Pipefy

MAY 9, 2023

Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. Buyers that don’t use enough suppliers make themselves vulnerable to dependency on one for certain goods or services. Lead time If you’re looking for one metric that gauges the overall efficiency of your supply chain, track the lead time KPI.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Insights

FEBRUARY 26, 2025

Hansens concept of “Velocity Procurement” is a modern evolution of his earlier work in supply chain and procurement optimization, reflecting his decades of experience streamlining processes for organizations like the Canadian Department of National Defence and the New York City Transit Authority. 8,000 now, 2,000 later).

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Optimization 83

Procurement Insights

FEBRUARY 26, 2025

Instead, his contributions are more broadly tied to practical applications of algorithmic thinking in supply chain and procurement optimization. This aligns with his critique of technology-led approaches, favoring people-and-process-driven solutions where algorithms serve as tools, not drivers. supplier delays).

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 40