J&J Snack Foods to add 3 new distribution centers in bid to simplify network
Supply Chain Dive
FEBRUARY 7, 2023
The snack maker says the new facilities will boost efficiencies by reducing party logistics locations.
Decoding the Impact: Unveiling the New Government Procurement Act
SCMDOJO
MARCH 14, 2025
Electronic bidding and online platforms for submitting proposals will become the norm, reducing paperwork and the likelihood of errors. Furthermore, these programs can also facilitate networking among stakeholders, fostering collaboration and knowledge-sharing that can enhance procurement practices across the board.
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
Trending Sources
Solving the Dysfunctional Freight Contracting and Bid Process
Supply Chain Brain
JUNE 14, 2023
Join freight network coordinator Leaf Logistics, shared truckload platform Flock Freight and a major U.S. shipper, AB InBev, for a deep dive into win-win contracts and repairing strained shipper-carrier relations.
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FedEx Express to lean on third-party carriers for less urgent shipments
Supply Chain Dive
FEBRUARY 27, 2023
The growth in deferred packages has given the delivery giant incentive to overhaul its network in a bid for long-term savings.
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Big Lots shutters forward distribution centers to curb costs, excess capacity
Supply Chain Dive
JUNE 6, 2023
The retailer also plans to leaseback properties, including a facility in Apple Valley, California in a bid to right-size its network.
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Strategic Sourcing Best Practices – Proven Strategies for Procurement Success
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.
Get Out of the “Bad Habits” of Traditional Procurement by Leveraging 21st Century Technology
Arkestro
NOVEMBER 12, 2024
This allows procurement teams to set up events quickly and efficiently, pre-populating supplier bid sheets with suggested prices. By embedding intelligence into sourcing events and enabling dynamic bidding, these solutions empower procurement teams to maximize value from every dollar spent, whether it’s strategic or non-strategic.
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Why should-cost models aren’t sufficient to drive market-competitive cost structures
Spend Matters
JANUARY 23, 2025
This intelligent first offer approach, combined with Arkestros automated dynamic bidding model that is informed by game theory and human behavior, creates a fast, effective and automated approach to drive competition and collect market-competitive pricing for any good or service.
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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration
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.
Navigating the Future of Supply Chains: Insights & Procurement
Jaggaer
DECEMBER 5, 2024
While companies have robust visibility over their inventory and warehousing (99%), this drops to a stark 20% when it comes to their deeper supplier networks. The Takeaway for Procurement: AI can automate repetitive tasks, like processing purchase orders or evaluating supplier bids, freeing up teams to focus on strategic priorities.
Logistics supply chain company closing 2nd Midstate facility – ABC27
Let's Talk Supply Chain
FEBRUARY 21, 2025
Moreover, the closure may disrupt the logistics and transportation network in the region, causing delays in delivery schedules and increased costs for businesses that depend on the company’s services.
How 5G and the Metaverse are Revolutionizing the Workplace!
Supply Chain Game Changer
APRIL 18, 2022
In order to make this vision a reality, however, a network with the capacity to support the transfer of significantly large volumes of Metaverse data is required. Currently, there are a range of 5G network companies working to bring the Metaverse to life. The Metaverse in action. It is not possible to invest directly in an index.
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Procurement Tender — The Ultimate Guide of 2022?
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. A restricted procedure is usually used to reduce the high number of suppliers that can submit a bid.
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The Big Interview with Lorna Baker
Procurement Heads
MARCH 27, 2023
I’m also committed to making sure that we don’t ignore sustainability, EDI and social value which all need to be included in our bids and we’re in a perfect position in procurement to make sure that our colleagues are including that as part of their decision-making process when they’re evaluating quality bids coming through.
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Procurement: The Startup’s New Best Friend?
ivalua
MARCH 3, 2020
They find it very time-consuming to deal with enterprises’ complex organizations with numerous specialized points of contacts (one for bidding, one for contracting, one for ordering, one for invoicing, etc.). They want the real decision-maker. Procurement cannot change company’s complex organization.
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How a Collaborative Network Will Change the Construction World!
Supply Chain Game Changer
DECEMBER 18, 2019
By automating business processes, such as transportation, materials management, invoice/PO, bid, project management, firms improve efficiencies, reduce errors and admin time, increase productivity, and speed cash-to-cash cycle. The post How a Collaborative Network Will Change the Construction World!
The top capabilities of Direct Materials Sourcing solutions
Spend Matters
JUNE 19, 2023
Direct materials sourcing is a focused view of sourcing solutions that emphasizes Bill-of-Materials (BoM) management, cost modeling, SCM/PLM integration (process and data) and other aspects related to the acquisition of direct materials and the design of the extended inbound supply network.
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Supplier Relationship Management Software — Everything You Should Know
Procurement Tactics
OCTOBER 18, 2022
Additionally, the software may allow add-on solutions for third-party applications or integration with existing network systems. . It enables companies to perform improved online bidding tasks, contract administration, reporting, risk management, and document management. ProcureWare.
Coupa’s journey from Business Spend Management to Supply Chain Management — Assessing progress on seven key dimensions
Spend Matters
JULY 25, 2022
One of my goals at the event was to better assess the firm’s progress in managing supply chain spending more deeply beyond direct P2P transactional support (even if its current customer penetration in direct is undoubtedly low relative to indirect spend) and its strong e-sourcing support for complex bidding events (e.g.,
CPO Spotlight: Clive Berrington
Procurement Heads
JUNE 14, 2023
The opportunity of the Group Commercial & Procurement Director came up because Network Rail was looking for someone to do a full transformation on the procurement function and change it from a transactional organisation into a much more strategic business partnering function.
Procurement Amazon — Everything You Should Know
Procurement Tactics
NOVEMBER 16, 2022
As Amazon digitized its procurement, it is building a system that will automatically evaluate responses, solicit bids, and generate contracts. Over the years, Amazon has created a massive network of suppliers that provides it with the products that they sell on its website. Ultimate Supplier Plotting Checklist 2022.
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Has Bitcoin Altered the Construction Industry!
Supply Chain Game Changer
MAY 23, 2022
Project owners can also accept bids on their projects through platforms like Ethereum, which still provide lower costs than traditional bids from financial companies. However, the bitcoin network is secure because transactions cannot be reversed once confirmed and recorded on the blockchain. Efficiency. Transparency. Conclusion.
456: Reach Supply Chain Excellence, with ITS Logistics
Let's Talk Supply Chain
MARCH 17, 2025
Q1 is now fascinating because its bid season… You have a lot of carriers and logistic providers out there that are still in scramble and stay-alive mode. The demand is still soft compared to previous years and typical peak environments, and cost of spending and inventory corrections all made it tough. I dont think the market is broken.
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Prepare for 2020 by Reviewing Five Important Shipper Metrics in TMS
Supply Chain Collaborator
NOVEMBER 27, 2019
Spot Quote Cost Savings & Bid Savings. So look back through the data in your TMS to determine how competitive your spot bidding activity actually is. Review this metric to ensure you can deliver on your ETAs for customers in 2020. Find out if you’re saving or losing money when spotting out loads.
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Random Thoughts On A Monday: Should Suppliers Pay To Do Business With You?
Procurement Insights
DECEMBER 11, 2023
“Introducing supplier fees for vendors who send invoices in a world where computing on unstructured data becomes easier and cheaper will end up being the downfall for certain b2b network companies as their networks (and shareholders) will lose value as vendors opt-out large scale.” What do you think?
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5 Procurement Industry Trends to Watch in 2025
Arkestro
DECEMBER 26, 2024
E-procurement uses networked systems and web interfaces for supply chain operations. E-procurement implementation creates a direct connection between the supplier and buyer, helping to optimize business-to-business (B2B) and business-to-consumer (B2C) processes like emails, data entry, invoice management, purchase orders, and bids.
How to succeed with eAuctions: An essential guide
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 saves buyers not only money, but hours of conversation time. You will need their full support.
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E-Procurement — Everything You Should Know
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. . Editor's note: Hi there! My name is Marijn Overvest, I'm the founder of Procurement Tactics.
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A Guide to How SMEs Can Win Government Contracts
Barkers Procurement
OCTOBER 5, 2023
Be aware, too, of the different types of contracts and of the timescale for submitting bids. Study the documents carefully The awarding authority should provide all the information you need to help you bid successfully. Make your bid clear and concise Creating a compelling bid gives you a better chance of being selected.
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5 things to consider when creating a vendor diversity program
Bonfire
JANUARY 25, 2023
One way to do this is to invite both groups of vendors to pre-bid meetings and encourage networking. Create champions in your organization Demonstrating the value of the program to those in the C-suite, on city council, your direct leadership, or whoever will listen can make sure you have a network of support.
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Enzen – Legal & Commercial Support
Barkers Procurement
FEBRUARY 12, 2024
Enzen required a cost effective and reactive legal and commercial service to enable their bid team to respond to utility regulated tender opportunities. The service needed to ensure that prompt and pragmatic legal and commercial advice was provided and built into Enzen’s commercial submissions over a two-year period.
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The Rise of Women in Supply Chain: Career Choice
SCMDOJO
JUNE 28, 2024
Lack of Mentorship: Furthermore, women in the supply chain may encounter a lack of mentorship and networking opportunities, which are essential for career development and advancement. Supportive Community: Women in Supply Chain: Many organizations and networks support women in the supply chain, offering mentorship, resources, and community.
Big Opportunity for Logistics Providers? Supply planning and inbound services….
The Network Effect
OCTOBER 26, 2015
As shippers look for global expertise and operational solutions, LSPs are in a prime position to offer inbound procurement and supplier collaboration, and with the new cloud network platforms they now can. The new technology architecture supports the entire procure-to-pay process in a multi-party, multi-echelon network.
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Sharing the “Best Version of the Truth” to Trading Partners
The Network Effect
JANUARY 17, 2016
In a typical multi party, multi echelon supply network deployment, the following roles must be defined and granted permission-based access to interact with their assigned business transactions/data, related business plans, as well as any exception-based workbench UI’s. Buyer – Bidding/Negotiation (Buy Side). Inventory Planner.
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Value Match are awarded the Social Value Management Certificate Level 1
Value Match
JULY 7, 2022
Bid Management. Through our people, relationships, and core values; Value People, Value Relationships, Sustainable Prosperity, and Value the Environment , we place social value at the forefront of the services we offer; Resourcing, Consultancy, Training and Bid Management. Categories. Best Practice Guides. Case Study. Circular Economy.
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10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)
Bonfire
APRIL 3, 2023
Not to mention, ERPs can’t connect you with the vendor communities and networks that sometimes come with a dedicated procurement solution, which means that fewer qualified vendors see and bid on your agency’s solicitations in the first place.
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The New Age of Negotiation!
Supply Chain Game Changer
MAY 12, 2021
Dell’s attempts to lower costs, including bidding out the work three times during the eight-year relationship, ate into FedEx’s profits. Enhanced digital capabilities & technology have enabled procurement professionals to bid & negotiate with a whole new level of transparency and visibility into supplier offerings.
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A Strategy for Shippers When Markets Telegraph Lower Freight Rates
Supply Chain Collaborator
AUGUST 2, 2019
The bids returned below contracted rates in any given lane indicate market rates have fallen since the last procurement event and should be used as an indicator that it is time to renegotiate contracted rates with carriers in those lanes.
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Procurement Glossary
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.
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Holman Enterprises Transforms Large-scale Operations with Predictive Procurement
Arkestro
MARCH 13, 2023
Arkestro empowers us to automate and accelerate the bidding process, speeding delivery of preferred supplier agreements to different businesses.” Arkestro has helped us streamline the purchasing and bidding process, improving the quality of our supplier network and eliminating the need for ad hoc contracts.”
JAGGAER addresses priorities for CPOs at industry roundtables in Saudi Arabia and the UAE
Jaggaer
JUNE 28, 2024
They include streamlining source-to-contract processes by providing quick access to valuable insights, simplifying product demand analysis, and automating bid evaluations while reducing administrative burdens. Over $500 billion of goods flows frictionlessly through our Enterprise Commerce Network every year.
TMS Reporting and Rate Benchmarking Avoid Spot Market at Two-Year Highs
Supply Chain Collaborator
JULY 24, 2017
The DAT network of load boards released information this week revealing that spot rates for van, flatbed and refer trucks continues to sit at a two-year high. According to Noble, once identified, the planner can take swift steps to avoid allowing freight in these lanes go to spot bid.
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The top capabilities of Source-to-Contract solutions
Spend Matters
JUNE 19, 2023
Top performers can better cross-fertilize processes bringing more data into the sourcing process to enhance key steps, such as supplier invitations and bid analysis/evaluation, by providing users with a bigger picture and the means to perform more complex scenarios. These leading solutions also foster a di-directional collaboration.
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THE BIG INTERVIEW WITH ANDREW MITCHELL
Procurement Heads
JULY 26, 2023
By establishing great relationships with multiple suppliers, we ensured the network was up to the standards the people of Nottingham deserve. 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.
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