ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Poorly utilized preferred suppliers with negotiated pricing. Once you have visibility into your tail spend, you can look at patterns. Non-compliance with internal policies and regulation, creating legal risks for the company. .

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

TYA Suite

OCTOBER 27, 2024

With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. Real-time tracking and reporting capabilities allow organizations to monitor the status of purchase orders, deliveries, and payments.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

ivalua

FEBRUARY 27, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. From sourcing construction materials to hiring contractors, a well-organized is essential for timely project completion and cost control.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Planergy

FEBRUARY 24, 2025

While less visible, these procurement areas are crucial for maintaining a functional educational environment. Educational leaders use strategic procurement to negotiate favorable contracts, explore innovative solutions, and drive institutional efficiency. Learn about us, and our long history of helping companies just like yours.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Arkestro

MARCH 11, 2025

Whether its investors tracking stock performance or businesses evaluating market conditions, clarity and visibility help fuel economic growth. If you go to a brokerage platform and want to buy security, both the buyer and seller sides of the negotiation are published to the market in the Bid and Ask offers.

Real-time Visibility 52

Real-time Visibility Procurement Procurement team Price 52

Jaggaer

JULY 7, 2020

Over time, this engagement has expanded globally and is still focused on one of the most testing categories of sourcing and contract management within procurement: transport and logistics. These should provide end users with visibility across their assigned scope. The Challenge. The Solution. Building Robust Analytics Dashboards.

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

Procurement Software

APRIL 18, 2023

eAuctions are an essential alternative to traditional negotiation methods. eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. These negotiations take place in real time, with all prospective suppliers at once. This back and forth is very time-consuming.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Supply Chain Collaborator

AUGUST 2, 2019

One way large shipping organizations are achieving the dual goal of keeping abreast of market rates in real time and yielding impressive cost savings to protect profitability involves the use of a powerful and award-winning technology. The UltraShipTMS Spot Quote Automation tool does much more than the name might suggest.

Strategy 69

Strategy Real-time Visibility Contract Bidding 69

Pipefy

FEBRUARY 13, 2023

The procurement process includes many steps, including: Sourcing suppliers Negotiating best value and terms Generating and submitting purchase orders Receiving deliveries Reconciling and matching invoices Issuing payment for goods, products, and/or services What is acquisition? Procurement vs. acquisition: What’s the real difference?

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

Arkestro

SEPTEMBER 29, 2023

We help you save money and time, across all areas of addressable spend. Predictive Procurement Orchestration offers real-time recommendations and can even act on your behalf to ultimately save you time, reduce business risk, and decrease costs so you can find the right supplier at the right price, right now. Let’s talk.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Bidding 52

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups. Lack of pricing compliance .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Arkestro

FEBRUARY 6, 2024

Increasing Competitive Bids On the ground in China, in a new warehouse bigger than three football fields, Arkestro is being applied by the organization to succeed in two key outcomes: controlling costs to save money and creating more competitive bids. You can unsubscribe at any time. The results were immediate.

Procurement 52

Procurement Competitive bidding Real-time Visibility Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

In this situation, you might choose to leverage Expressive Bidding , which creates a collaborative marketplace where buyers showcase their capabilities and buyers provide real-time guidance that results in more competitive and advantageous bid responses. You can also lower bottom-line costs and increase top-line value.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

World of Procurement blog

APRIL 23, 2024

Sourcing Software: Helps companies find and acquire goods and services by managing RFQs (Request for Quotations) and bidding processes. Contract Management: Facilitates the creation, negotiation, approval, and storage of contracts in a secure environment. Tools like Jaggaer and Scout RFP are popular choices.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Purchasing interacts mainly with suppliers.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

What many companies don’t realise though is that direct materials have been negotiated to death. Old school, pure-play price negotiations don’t work, especially in an inflationary market. Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

What many companies don’t realise though is that direct materials have been negotiated to death. Old school, pure-play price negotiations don’t work, especially in an inflationary market. Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

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. Procure-to-Pay (P2P) 3.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

TYA Suite

SEPTEMBER 25, 2024

Sourcing encompasses various activities, including market research, supplier evaluation, negotiation, and contract management. Key criteria for evaluation include cost, quality, delivery times, and supplier reliability. The next stage after choosing a supplier is to negotiate the conditions of the contract.

Supply Chain Efficiency 40

Supply Chain Efficiency Sourcing Procurement supply chain budgeting 40

Zycus Cognitive Procurement

FEBRUARY 8, 2022

To enable procurement teams to be more strategic, firms must put AI at the center of their arsenal and use it to assist with forecasting demand trends, optimizing bids for estimated savings, calculating supplier scores based on negotiated contract terms, monitoring budget performance, and much more.

Procurement 40

Procurement Real-time Visibility Contract management Bidding 40

TYA Suite

JULY 17, 2024

RFQ) is a formal process used by organizations to solicit bids from suppliers for specific goods or services. Depending on the initial quotes received, there may be room for negotiation on pricing, terms, or conditions. Effective negotiation can help secure better deals and additional value for the organization.

Real-time Visibility 40

Real-time Visibility Quantity Price Negotiation 40

Pipefy

NOVEMBER 24, 2023

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. When properly equipped with the right platforms, procurement teams can achieve benefits such as increased efficiency and productivity, cost savings, better supplier management, and improved process visibility and transparency.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

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. and allows you plenty of time to find replacement suppliers should the quality or lead times of existing ones diminish.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Software

AUGUST 20, 2024

The reality though is that many of them are spending a disproportionate amount of time on tactical work and firefighting day-to-day operational purchasing issues. Let’s be real. Spend classification , on the other hand, can directly drive strategic sourcing events and negotiations which deliver tangible savings.

Procurement 52

Procurement Real-time Visibility Budget Procurement team 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Claritum

JANUARY 25, 2019

By automating their business processes in functions such as finance, procurement and goods receiving and automating time-consuming, repetitive tasks SMEs stand to improve productivity which will help them gain competitive advantage. Including: Better Cash Flow associated with payments and inventory management.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. It can also provide real-time data and analytics. OCR also enhances customer experience by simplifying access to data, improving response times, and streamlining workflow.

Supply Chain Efficiency 52

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

Pipefy

JUNE 15, 2023

With access to end-to-end data, teams have better access and control over company spending to reduce costs, improve vendor selection and negotiations, and sustain effective regulatory compliance. Payment is typically based on factors like usage time, data stored, number of users, and number of transactions processed.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Arkestro

AUGUST 1, 2022

For the longest time, the procurement scale has tipped in favor of the buyer. Some of these include annual pricing reductions, extended payment terms, and the lack of visibility and profit-sharing. Most enterprise resource planning (ERP), procure-to-pay (P2P), and source-to-pay (S2P) are cumbersome and time-consuming to use.

Supplier relationship management 52

Supplier relationship management Suppliers Management Buyers 52

Procurement Software

MAY 28, 2024

We need to move with the times. While traditional metrics such as cost savings, procurement cycle time, and supplier lead times are vital, they don’t touch on the softer metrics of a successful procurement team. Reduces the time spent on day-to-day contract workflow administration for the approval and signature process.

Procurement 52

Procurement Category management Procurement team Real-time Visibility 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Procurement Insights

APRIL 3, 2025

specializes in leveraging artificial intelligence to optimize supply chain operations, with a strong emphasis on real-time data analytics and demand sensing. By analyzing historical and real-time data, it helps businesses anticipate fluctuations, reducing overstocking or stockouts. ThroughPut.ai ThroughPut.ai ThroughPut.ai

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Real-time Visibility 52

Skill Dynamics

JANUARY 30, 2025

It offers a variety of advantages over traditional methods, including: Increased cost savings By automating many tasks that were previously done manually, you can speed up general processing times and eliminate time-consuming paper-based processes. Arguably the best way to learn these skills is to apply them to real-world scenarios.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52