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

SCMDOJO

OCTOBER 3, 2024

In this highly competitive job market, more is needed for students to learn the supply chain theory simply. Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply chain management 98

Arkestro

NOVEMBER 12, 2024

However, as supply chains have evolved into complex, global systems, the demands on procurement, and associated workload have increased significantly. Today’s procurement challenges go far beyond cost negotiations and sourcing. Arkestro introduces a templatized, embedded approach to sourcing events.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

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

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

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Tactics

JULY 21, 2022

Procurement portals have shaped supply chain management drastically. It is one of the most useful and popular solutions for digital transformation. . A procurement portal is an e-procurement solution or tool that allows you to make your purchasing processes online. Want to take your negotiation results to the next level?

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

Jaggaer

FEBRUARY 5, 2025

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. In some categories it makes sense to conduct a competitive sourcing event, for example an online auction using eSourcing software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Procurement Tactics

JULY 13, 2022

The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. This will allow you to give importance to these functions that will keep your supply chain sustainable. Many processes in procurement are done using procurement software. Negotiating. Procurement Today.

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

Procurement Tactics

AUGUST 30, 2022

When electronic procurement is implemented properly, it opens the lines of communication between the organization and the supplier by creating a link and facilitating interactions like bids, emails, and purchase orders. . Want to take your negotiation results to the next level? Negotiation Gamechanger Certificate Program.

Procurement 130

Procurement Supply Chain Efficiency Purchasing supply chain software solutions 130

Jaggaer

MARCH 30, 2020

The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing. He points to the 52% of Fortune 500 companies that have disappeared in the last 20 years and suggests that the suppliers you select with three bids and a buy might not be among the survivors.

Sourcing 99

Sourcing Data Bidding Supply Chain Efficiency 99

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 Software

MAY 21, 2024

Will AI replace procurement professionals in negotiations? But, this then begs the question, what about negotiation? Could AI replace the need for procurement professionals in negotiations? AI, procurement and supplier negotiations: where is this going? This technology will be a point solution. But, not so fast.

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Procurement 52

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. Think classroom supplies, laboratory equipment, educational software, and learning resources. Educational leaders use strategic procurement to negotiate favorable contracts, explore innovative solutions, and drive institutional efficiency. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

SCMDOJO

JULY 28, 2022

This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices. Traditionally, supplier information was collected and stored on paper, but today’s procurement software greatly facilitates this process. Then the Supplier registration form comes in handy.

Suppliers 132

Suppliers Bidding Purchasing Quality 132

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. It goes beyond the concepts found in textbooks by providing real-world examples and useful advice.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

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

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 involves suppliers competing in sequential bidding.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. They come from a variety of backgrounds.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

TYA Suite

JANUARY 27, 2025

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. These solutions streamline the by automating tasks such as vendor registration, bid submission, and order placement. One of the most effective tools for achieving these goals is a.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Supply Chain Game Changer

SEPTEMBER 15, 2021

Subscribe to Supply Chain Game Changer. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Improved relationships with suppliers: You can use sophisticated inventory insights to negotiate excellent deals with suppliers and vendors.

Inventory 92

Inventory Raw materials Management supply chain software solutions 92

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 11, 2022

Sustainability initiatives within the supply chain. If a Category Manager earns €100k a year and is charged with complex sourcing and negotiations, surely they are smart enough to manage their own travel budget? Competitive bidding for €10k worth of one-time spend. Reductions in energy or material consumption.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

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. Master data management.

Sourcing 52

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

Supply Chain Game Changer

JANUARY 9, 2019

The Negotiation Before the Negotiation! Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Microsoft Project is an excellent project management software program that leading procurement professionals use to track their projects. Subscribe Here!

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Jaggaer

MARCH 18, 2020

The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing. He points to the 52% of Fortune 500 companies that have disappeared in the last 20 years and suggests that the suppliers you select with three bids and a buy might not be among the survivors. Proven Results.

Sourcing 59

Sourcing Data Bidding Supply Chain Efficiency 59

Arkestro

SEPTEMBER 29, 2023

The software works with real-time and historical data, including user preferences, past buys, supplier performance, and market trends. With all the time saved, procurement teams can dedicate their days to the most unpredictable and complex spend categories, leaving procurement software to handle the rest.

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement supply chain software solutions 52

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. You may have negotiated extra physical items or software licenses above the existing need, extended the warranty period beyond the default, or improved the SLA from Bronze to Silver. Moderation.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

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

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

Arkestro

OCTOBER 16, 2022

On October 17, Spend Matters released their 50 Procurement Providers to Watch for 2022, acknowledging Arkestro’s strong focus on i nnovation, tech competency, and solution delivery. Spend Matters has previously recognized Arkestro as being a “Value Leader,” a “Provider to Know,” a “ Provider to Watch ,” and a “Future 5” solution.

Procurement 52

Procurement supply chain software solutions Bidding Sourcing 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

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

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. Of course, procurement software can help you to achieve all of these much faster. Implement a competitive bidding policy.

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. Of course, procurement software can help you to achieve all of these much faster. Implement a competitive bidding policy.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. If a Category Manager earns €100k a year and is charged with complex sourcing and negotiations, surely they are smart enough to manage their own travel budget? Competitive bidding for €10k worth of one-time spend. Reductions in energy or material consumption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52