Procurement Tactics

DECEMBER 26, 2022

Thus, a bigger company named PULSO won the bid and collaborated with Oxiframe to make an innovative solution. . It is estimated that more than 200 organizations submitted a bid for the different calls based on the InDemand model from the numerous procurement organizations. . Negotiation Course For Procurement Professionals.

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

Procurement Tactics

APRIL 17, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it?

Sustainability 201

Sustainability Procurement Negotiation Bidding 201

Procurement Tactics

FEBRUARY 26, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Conditional Proposals — The Ultimate Guide Conditional proposals can help you avoid giving something too important for you, especially if the other party does not want to compromise. However, how to utilize it?

Negotiation 206

Negotiation Bidding Import Procurement 206

SCMDOJO

FEBRUARY 16, 2025

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. Keelvar Keelvar specializes in autonomous procurement and supplier negotiations, making sourcing more efficient and cost-effective. Automates bidding processes and cost optimization.

Supply Chain Efficiency 73

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 73

Spend Matters

JANUARY 23, 2025

This article will outline those limitations and propose that invoking competitive negotiations with machine learning solutions such as Arkestro is the optimal way to evaluate the market competitiveness of price quotes. Thus, should-cost models often misrepresent what constitutes a good price.

Price 104

Price Negotiation supply chain software solutions Supply Chain Optimization 104

Supply Chain Brain

AUGUST 15, 2023

The tool allows carriers to bid on available shipments and receive notifications letting them know if their bid is denied, accepted, or if a counteroffer has been made.

Negotiation 98

Negotiation Bidding 98

Procurement Tactics

OCTOBER 12, 2022

In construction projects, the RFP is sent out to invite contractors to review project documents and submit bids. RFIs can occur at any stage in the construction project including the construction procurement to clarify the needed materials prior to the submission of the bids. Want to become a Negotiation Game Changer?

Bidding 177

Bidding Negotiation Collaboration Sourcing 177

Procurement Tactics

OCTOBER 6, 2022

A request for proposal (RFP) is an important document that is used to solicit bids prior to the acquisition of goods and services for a project. . Want to become a Negotiation Game Changer? Outlines your specifications that allow suppliers to understand what to bid to win the project. . Request For Proposal (RFP) Explained.

Project management 180

Project management Management Bidding Buyers 180

Jaggaer

FEBRUARY 5, 2025

A successful approach requires careful assessment of supplier bids, followed by structured onboarding, continuous monitoring, and performance measurement. When assessing bids following an eAuction, the process typically involves a combination of automated tools and human decision-making, especially when evaluating factors beyond just price.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

SCMDOJO

DECEMBER 29, 2024

10 Must-Watch Negotiation Movies: Master the Art of Persuasion with These Gripping Films This is a fantastic blog post! This blog consists of: Curating a Relevant Movie List The selection of movies is excellent, covering a range of negotiation scenarios, from high-stakes dramas to business partnerships.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

Procurement Tactics

MARCH 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Source-to-Contract — The Ultimate Guide Source-to-contract is an important process in procurement. There are many procurement platforms that can automate many parts of sourcing and the bidding process.

Contract 156

Contract Sourcing Purchase orders Bidding 156

Procurement Tactics

NOVEMBER 14, 2022

A request for proposal (RFP) is a document that contains the description of the project and solicits bids from potential contractors to complete it. This document defines the project, goals, and the organization that sponsors it and outlines the bidding process and contract terms. . Negotiation Course For Procurement Professionals.

Bidding 178

Bidding Suppliers Procurement Import 178

Supply Chain Game Changer

MAY 12, 2021

New age of negotiation article and permission to publish here provided by Sam Jenks at kodiakrating.com. We negotiate on a daily basis. We negotiate contracts, terms, and specifications in our professional lives and we negotiate dinner plans, curfews, and allowances in our private lives.

Negotiation 69

Negotiation Buyers Bidding Collaboration 69

Barkers Procurement

DECEMBER 12, 2024

In practice, these businesses are liable to drop out before bidding or contract negotiations can be completed. Strengthen the bidding process Next, procurement teams can make the prospect of working together more compelling. Small suppliers will require a lot of information while bidding and providing it can take time.

Suppliers 52

Suppliers Bidding Negotiation Procurement team 52

Supply Chain Brain

SEPTEMBER 26, 2024

The ILA halted negotiations with the USMX in June, after discovering that a handful of ports were using automated systems to check in trucks.

Bidding 98

Bidding Negotiation 98

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.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Supply Chain Brain

SEPTEMBER 26, 2024

The ILA halted negotiations with the USMX in June, after discovering that a handful of ports were using automated systems to check in trucks.

Bidding 98

Bidding Negotiation 98

Procurement Tactics

AUGUST 29, 2022

E-tendering or electronic tendering is the process of using e-procurement platforms to automate solicitation bid tenders and assess suppliers. . Want to take your negotiation results to the next level? It is important because organizations can choose qualified vendors and competitive bids on their advantages. ENROLL NOW.

Competitive bidding 130

Competitive bidding Bidding Contract Suppliers 130

ivalua

FEBRUARY 10, 2023

This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

NOVEMBER 25, 2022

In particular, General Services Administration’s Multiple Award Schedules (GSA/MAS) purchasing program is known as an almost recession-proof bid since it offers long-term contracts ranging from five to 20 years. Even if you win public sector bids, there are several unknowns going into the next recession. According to the U.S.

Raw materials 195

Raw materials Bidding Contract Suppliers 195

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Supply Chain Brain

JANUARY 24, 2022

research and development to better compete with China and aid the domestic semiconductor industry, in a bid to negotiate a final bill this year with the Senate. The House of Representatives unveiled its legislation to bolster U.S.

Bidding 111

Bidding Negotiation 111

Arkestro

NOVEMBER 12, 2024

Today’s procurement challenges go far beyond cost negotiations and sourcing. This allows procurement teams to set up events quickly and efficiently, pre-populating supplier bid sheets with suggested prices. Arkestro introduces a templatized, embedded approach to sourcing events.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Procurement Insights

APRIL 5, 2025

7 ProPurchaser 2008 Started in 2008, newer but focused on negotiation tools. 9 ProPurchaser <50 employees Very small, likely a boutique provider with a narrow negotiation focus. 4 ProPurchaser Negotiation cost savings Focused tool leverages market data for 510% savings, directly targeting should-cost goals.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Negotiation Supply Chain Efficiency 52

ivalua

NOVEMBER 11, 2020

LADWP Shifts to Electronic Bidding System in Response to Covid-19. Prior to COVID-19, the agency accepted supplier bids by mail or in person — two methods that in an instant became impossible. The challenge involved building a custom supplier portal — a dropbox where suppliers could safely submit their bids online.

Eprocurement 130

Eprocurement Bidding Suppliers Collaboration 130

ivalua

JUNE 11, 2019

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Some of the solution highlights for state and local solution include: Public Portal: Public catalogs, FOIA & bid protest management, optimized search.

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainability in Specifications — Embracing Sustainability Sustainability in specifications allows businesses to ensure that they are following their sustainable requirements to achieve success in sustainability.

Sustainability 204

Sustainability Procurement strategies Negotiation Ethics 204

Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. The ongoing impact of inflation and fluctuations in materials pricing continue to have an impact, and it’s increasingly challenging to negotiate because prices are changing significantly within a short period of time.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Procurement Tactics

JANUARY 13, 2023

Additionally, procurement can be done through direct purchase, competitive bidding, or tendering process while ensuring that the delivery of supplies is on time. However, being a procurement professional requires you to have great confidence and skill in negotiation and procurement. . and skill in negotiation and procurement. +

Procurement 171

Procurement Chief Procurement Officer Strategic sourcing Strategic sourcing 171

Procurement Tactics

JULY 21, 2022

Want to take your negotiation results to the next level? Leverages competitive bidding. A procurement portal offers a variety of ways for stress-free bidding management. In addition, the ability to reach the organization instantly via message streamlines the negotiation. Negotiation Gamechanger Certificate Program.

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

Procurement Tactics

JULY 14, 2022

A procurement tender is a document that the supplier needs to complete when bidding for a contract. . Procurement tendering is the process wherein the organization will invite suppliers to submit their proposals or bids. Want to take your negotiation results to the next level? Negotiation phase. Editor's note: Hi there!

Procurement 130

Procurement Bidding Supply Chain Efficiency Contract 130

Procurement Templates

APRIL 5, 2024

. – Provides transparency and equal opportunity for suppliers to bid. Negotiated Procedure: – Appropriate for specialized or unique requirements. – Involves direct negotiations with selected suppliers. Negotiated Procedure: – Appropriate for specialized or unique requirements.

Bidding 130

Bidding Negotiation Suppliers Contract 130

Jaggaer

FEBRUARY 5, 2025

Some of the most effective techniques include supplier segmentation, e-auctions and competitive bidding, collaborative negotiations, and data analytics for demand forecasting. Strategic Sourcing Strategies Techniques Deployed by Leaders in S2P Procurement leaders use advanced sourcing strategies to stay competitive.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Procurement Tactics

OCTOBER 18, 2022

Want to become a Negotiation Game Changer? Having SRM software allows you to develop stronger supplier relationships and negotiate better contract terms with your suppliers. . It enables companies to perform improved online bidding tasks, contract administration, reporting, risk management, and document management. ProcureWare.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

JUNE 7, 2023

Knowing the standard pricing for goods and services is crucial in initiating negotiations for new purchases. Procurement teams often use these prices as a reference point to evaluate bids. In such cases, it may not be possible to negotiate prices down to meet the last purchase price (LPP) due to external market issues.

Price 130

Price Purchasing Raw materials Negotiation 130

Procurement Templates

MARCH 7, 2024

Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement processes, such as vendor selection criteria, bidding procedures, and contract management protocols.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Procurement Tactics

APRIL 25, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Fair Operating Practices Sustainable procurement fair operating practices allow companies to give their employees a safe working environment.

Sustainability 168

Sustainability Procurement Ethics Supply Chain Efficiency 168