Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1. HACCP, FSMA, GFSI).

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Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1. HACCP, FSMA, GFSI).

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Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

ivalua

JULY 21, 2021

“Partnering with Consus Global and our successful deployment of Ivalua will accelerate our progress in supply chain optimization at REV Group by applying a powerful toolset of data, supplier management, and competitive bidding capabilities to our team,” says Rob Vislosky, Chief Supply Officer of REV Group. “We ABOUT CONSUS GLOBAL.

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Jaggaer

FEBRUARY 5, 2025

A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting.

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Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

ivalua

OCTOBER 29, 2019

Enormous, complex, global enterprises use procurement technology to manage their spend, suppliers, contracts and bids every day without seeming to run into the same stumbling blocks as the public sector, which operates on a smaller and more localized basis.

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Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

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Value Match

JULY 21, 2022

Bid Management. Find a Tender – 1 st January 2021 the UK Government launched Find a Tender where suppliers can search and apply for high value contracts, usually above £118,000. Contract Finder – is used to publish opportunities over £10,000, it allows suppliers to search in different sectors, by CPV codes and region.

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Jaggaer

OCTOBER 24, 2024

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur.

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Jaggaer

JULY 7, 2020

These should provide end users with visibility across their assigned scope. They are primarily concerned with answering visibility questions such as: What are the total number of RFQs that have been completed? Are new suppliers being recommended to receive business? Building Robust Analytics Dashboards.

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Pipefy

FEBRUARY 13, 2023

Procurement is the process businesses use to source and obtain goods/services from external suppliers to achieve strategic objectives and fulfill business needs or purchase requests. Purchasing then commences, including bid evaluations, contract negotiation, and the final sale. Is acquisition part of procurement? In a word, yes!

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Pipefy

FEBRUARY 13, 2023

Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions. While S2P is focused on integrating and streamlining supplier interactions, P2P is focused on integrating and streamlining purchasing and accounts payable activities.

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Procurement Software

MARCH 7, 2023

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. It begins when you requisition goods or services, and ends with the payment transaction. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer.

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

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. What are e-procurement tools? The features of these solutions can vary widely.

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Procurement Software

DECEMBER 5, 2022

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. It begins when you requisition goods or services, and ends with the payment transaction. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer.

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

Procurement Software

JULY 4, 2023

It can help organisations reduce costs, optimise supplier relationships and increase compliance. Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. What is procurement tech?

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Claritum

NOVEMBER 16, 2018

Focus Procurement on supplier optimisation. Ensuring that policies are adhered to and that there is appropriate supplier selection (strategic suppliers, approved suppliers and competitive bids for example.). Securing competitive suppliers for Indirect Spend categories. Claritum Article - Procurement Blog.

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Pipefy

JUNE 15, 2023

This end-to-end system’s built-in collaboration and data analysis tools eliminate process friction commonly created by manual or disjointed workflows. These solutions also save money on sourcing , which is the process of identifying and assessing suppliers.

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Zycus Cognitive Procurement

NOVEMBER 29, 2022

Engage with your vendors and suppliers to work through the contract review process with a win-win mindset. You may provide better demand visibility to the vendor partner. Review your ‘Supplier Risk and Performance Management solution to prioritize renegotiations with suppliers whose performance has been below par.

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Jaggaer

OCTOBER 8, 2019

They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) Connect the dots between processes, your teams, and the suppliers to ensure that data flows smoothly. This will play a vital role in making organizations more agile and reducing supplier risk. 4) The “Day of Digitalization”.

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Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. It gives you full visibility of your spend data, all in one place. The platform consists of four modules.

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Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. This is why supplier diversity is so important.

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Claritum

OCTOBER 12, 2018

As the expert of a specific category of products, the in-depth knowledge of the Retail Category Manager will drive the pricing, shelving, marketing and promotions of the category’s products to make them as visible, accessible, and appealing to customers as possible. 2 Defining the perfect Procurement world.

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Claritum

AUGUST 4, 2020

are adhered to and that there is appropriate supplier selection. strategic suppliers, approved suppliers and competitive bids for. The following diagram shows the relationships that should exist between suppliers, users and Category Managers. Securing competitive suppliers for Indirect Spend categories.

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Procurement Insights

FEBRUARY 26, 2025

Back then, he used an algorithm-based platform to forecast demand, optimize inventory, and sync with suppliers for MRO parts. A traditional system might take daysrequisition forms, ERP updates, supplier bids. Velocity Procurement might use pre-vetted supplier pools, real-time data feeds (e.g., That systems success (e.g.,

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