Procurement Heads

MARCH 27, 2023

And of course, we’re all thinking about a general election that’s likely to happen in the next few years, which could influence procurement legislation being introduced following Brexit. Sustainability is one of those, and supply chains can influence carbon emissions in a huge way.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Procurement Insights

MARCH 16, 2025

AI-Powered RFP & Bid Management When issuing an RFP (Request for Proposal) , procurement professionals interact with AI that understands past procurement criteria and scoring methods. MCP ensures that AI remembers preferred bid evaluation metrics , supplier preferences, and prior negotiations. In summary, while Jon W.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

SCMDOJO

APRIL 3, 2022

Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. The highest bid might contribute to greater commerce because most customers will go to their current vendors for ‘non-core’ commodities. Numerous talks used to be done in person, via email, or by phones.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Procurement Insights

MARCH 25, 2025

Tendium.ai (Web ID: 2) notes that professional bidders handle high-value RFPs, but a “too-tight deadline” often results in “no-bid” decisions, potentially dropping response rates below 30% in such cases. Factors Influencing Costs Proposal Complexity : More complex proposals require more time, expertise, and resources.

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

Let's Talk Supply Chain

FEBRUARY 28, 2025

In this article, we delve into Taiwan’s indispensable contribution to the global chip supply chain, examining its influence, innovation, and the intricate web of connections ‍that make it an irreplaceable player in the realm of silicon.

Supply chain 52

Supply chain Supply Innovation Collaboration 52

Procurement Templates

JANUARY 17, 2024

UK: Procurement in the UK is influenced by European Union regulations (although the UK left the EU, some regulations may still be applicable) and national legislation. Federal procurement is largely governed by the Federal Acquisition Regulation (FAR), which provides guidelines for government contracts.

Procurement 130

Procurement supply chain budgeting Export Competitive bidding 130

The Procuretech Podcast

SEPTEMBER 8, 2020

One of these concentrates on simplifying, shortening and using game theory to influence the outcome of sourcing activities. Bid Ops was recognised for its disruptive contribution to the procuretech space when it won Best Startup award at the 2019 Digital Procurement World conference in Amsterdam. How does one prove a saving?

Bidding 40

Bidding Sourcing Budget Negotiation 40

Skill Dynamics

DECEMBER 18, 2024

Bribery and kickbacks involve the making of payments to try and influence procurement decisions, often resulting in biased choices that likely prioritize individual personal gain over the interests of the wider organization. Identifying procurement fraud can be difficult, but there are some red flags that you should always look out for.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Jaggaer

OCTOBER 24, 2024

Another benefit is more resilient supply chains that can profitably weather disruptions when the best-laid plans are interrupted. Key Strategies for Enhancing Collaboration From efficiently negotiating terms on a bid to determining supplier capacity in a high-risk category, supplier collaboration works to your advantage.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Insights

JANUARY 26, 2023

Tagging me in his post about the Richard Sharp controversy in the UK reminded me of this 2011 video interview and the subsequent 2014 follow-up post regarding the New York State bid practices and a similar “controversy” involving the Veterans Health Administration (VHA). However, the reality is a simple, not easy situation.

Influencing 45

Influencing Bidding Contract Procurement 45

Supply Chain Collaborator

AUGUST 30, 2018

Carrier contract/bid management. Access to multiple public and private bid boards to assess capacity. So while the immediate needs always appear to exert outsized influence on the TMS selection process, the most successful shippers pay attention to their long-term strategies, plans and goals. Connectivity. Ease of use.

e2e 81

e2e Bidding Logistics Influencing 81

Una

JULY 9, 2024

EPISODE 173 Savings Start at Home with Omid Ghamami By Kelly Barner | July 10, 2024 When procurement needs to deliver savings, the reflexive response is usually to go to market, approaching suppliers for discounts or putting a contract out to bid.

Bidding 69

Bidding Negotiation Influencing Supply chain management 69

Procurement Tactics

JUNE 7, 2023

Procurement teams often use these prices as a reference point to evaluate bids. For example, external market forces like supply chain disruptions may influence pricing. Knowing the standard pricing for goods and services is crucial in initiating negotiations for new purchases.

Price 130

Price Purchasing Raw materials Negotiation 130

Procurement Templates

DECEMBER 27, 2022

Communicates to any potential supplier to [organisation] or to any person outside the [organisation] the amount or approximate amount of allocated budget or previously obtained commercial information which may influence or affect the bid proposal of such potential supplier or 3rd party; or.

Influencing 100

Influencing Procurement Contract Suppliers 100

Spend Matters

AUGUST 16, 2023

While money and risk reduction will always be top priorities, procurement’s influence is expanding to ESG and other strategic initiatives, which elevates its role within the organization and enables the function to have a direct and positive impact on our world.

Procurement 98

Procurement Procurement team Buyers Bidding 98

Jaggaer

FEBRUARY 5, 2025

Stakeholder Engagement – Present your supplier portfolio to stakeholders (decision-makers and influencers) from the relevant business functions. Whether successful or unsuccessful in bidding events, suppliers also benefit from the communication and feedback made available through eSourcing events.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Procurement Heads

AUGUST 2, 2023

The transformation initially focused on restructuring the team and emphasising the importance of providing an excellent service to our projects and bids, as fundamentally we are a project-based business. People who are team players and have the ability to influence. The function and our responsibility is ever evolving.

Supply chain 130

Supply chain Real-time Visibility Sustainability Procurement strategies 130

Bonfire

NOVEMBER 25, 2021

Opportunities in a bidding portal are hidden behind a paywall and vendors are required to pay a fee to submit their bid. In some cases, they even have to pay to view the opportunity and bid documents. I would worry that, if I wasn’t party to that, I might have less ability to influence that.”.

Eprocurement 52

Eprocurement Risk Bidding Influencing 52

Una

MARCH 23, 2023

Read: How to Make Procurement More Efficient Leveraging technology Leveraging technology to automate certain aspects of the procurement process, such as supplier identification, request for proposal (RFP) creation, and bid evaluation. This can significantly reduce the time required to complete these tasks.

Sourcing 98

Sourcing Procurement Procurement team Contract 98

The Good Spending

AUGUST 23, 2022

It assumes that the winning bid includes solid commercials and non-material benefits, e.g., improvements in end-user experience. Procurement could influence staff retention by creating favorable job conditions to own personnel or influencing staff satisfaction company-wide. Such an approach may be accused of subjectivity.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Supply Chain Game Changer

SEPTEMBER 23, 2020

However, data’s ability to aid in freight optimization offers significant advantages and looks far beyond a single carrier, route, shipper, origin, destination, or potential disruptive influence. Initiate new freight bidding processes when the data indicates it’s time for a change.

Supply Chain Optimization 91

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 91

Procurement Software

APRIL 18, 2023

This involves suppliers competing in sequential bidding. Buyers will have already vetted the suppliers they want to invite to the eAuction and suppliers will start out with their initial bid at the beginning of the auction process. This encourages competitive bidding.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Supply Chain Game Changer

JANUARY 25, 2021

How 3D Printing Will Influence the Global Supply Chain in the Future. In the UK, many tenders now lean heavily towards sustainability as deciding criteria on winning bids. The global pandemic illustrated the differences between the above methods in a striking way. From masks to ventilators, 3D printing directly saved lives.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Raw materials 78

Arkestro

JULY 25, 2024

For example, consider auctions — game theory can predict bidding behavior when suppliers submit bids in a sealed-bid auction. Variables such as number of bids, market conditions, and risk profiles can impact how high or low the bid ends up being. Another example is price negotiations.

Procurement 52

Procurement Bidding Negotiation Price 52

Procurement Heads

JULY 26, 2023

Leading by example and influencing others. We broke it down to try and allow contractor(s), to bid on the bits they specialise in, to give us the best service, expertise and value for money. We’re looking to break down procurements where we can. A recent example is our recent procurement for access control and fire equipment safety.

Contract management 130

Contract management Contract Supply Chain Efficiency Price 130

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

Arkestro

JANUARY 9, 2024

In fact, manufacturing procurement has never been more important, holding the power to influence IT, finance, and C-suite decision-making. Advances in AI, automation, and other emerging technologies are helping manufacturing procurement teams further increase their sphere of influence, allowing them to do more with less.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Una

NOVEMBER 1, 2022

Also called supply chain management, this big-picture perspective focuses on more “upstream processes” such as sending out Requests for Proposals (RFPs), bid evaluation and selection, and contract negotiations. Conduct regular alignment checks (at least once a quarter) to ensure procurement stays aligned with corporate strategy.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Sourcing Software: Helps companies find and acquire goods and services by managing RFQs (Request for Quotations) and bidding processes.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Value Match

MAY 27, 2024

This represents a positive duty (meaning “a moral obligation to benefit or aid others”) on businesses bidding into the public sector to drive advances in climate action, local economy growth, lessening of inequalities, and wellbeing of the workforce and communities. How Has Value Match Been Helping? There’s no time to dawdle and dally.

Sustainability 52

Sustainability Bidding Supply Chain Efficiency Contract 52

The Thomas Blog

JANUARY 31, 2024

Influencer marketing can also be effective — collaborate with appropriate and carefully vetted industry influencers to take advantage of their reach and credibility. Set up PPC advertising and bid on relevant keywords that will draw the eye of users who are searching for your company’s products.

Demand 52

Demand Influencing Strategy Bidding 52

Arkestro

OCTOBER 16, 2022

Arkestro (formerly Bid Ops) started as a predictive sourcing software built for procurement teams who want technology that learns what works and what doesn’t from every sourcing process,” Bertrand Maltaverne, Sr. To amplify procurement’s influence, Arkestro delivers 2-5x cost savings from daily sourcing and purchasing cycles.

Procurement 52

Procurement supply chain software solutions Bidding Sourcing 52

Arkestro

JUNE 6, 2022

Arkestro (formerly Bid Ops ) was born out of Edmund Zagorin’s frustration with traditional procurement software and Excel spreadsheet templates. Our goal is to amplify procurement’s influence. When we launched in 2017, we became the first company to use AI to automate the supplier negotiation process fully.

supply chain software solutions 52

supply chain software solutions Supplier negotiation Bidding Sourcing 52

Claritum

AUGUST 28, 2018

Low bid with knowledge that over or false payments can be extracted. Low bid with knowledge that over or false payments can be extracted. Companies not bidding. Companies not bidding. Then align the process so that each supplier can bid. Claritum Article - Procurement Blog. Introduction. Biased supplier selection.

Suppliers 32

Suppliers Bidding Procurement Contract 32

Procurement Heads

JUNE 14, 2023

The breadth of the role dealing with all categories across a £8 billion-a-year spend is exciting and there are very few roles in a company that have so much reach and influence – for example, it allows me to challenge and support Network Rail in becoming more commercial, more sustainable, and more diverse.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Procurement Tactics

FEBRUARY 23, 2023

Analyzing and Influencing After the parties started the negotiation with the opening bid, it is now time to start the actual negotiation. You can influence your negotiations in many ways. Another way to influence negotiation is through effective communication.

Negotiation 130

Negotiation Influencing Strategy Import 130

Arkestro

OCTOBER 10, 2024

Reduced Rates Amazingly, the customer received bids representing reduced rates in every lane. In addition, the team was able to bid all lanes (roughly 4,000) across 22 plants with no incremental resources, allowing them to execute the project in less than a month.

Procurement team 52

Procurement team Innovation Procurement Bidding 52