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

Supply Chain Game Changer

SEPTEMBER 22, 2022

Getting the right amount of products at the right price. Then, the suppliers submit their bids and the company decides which one to hire. Spend Visibility. Spend visibility is a pretty big deal when it comes to procurement or any type of invoicing management for that matter. Real-time Spend Tracking.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

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

TYA Suite

OCTOBER 27, 2024

To ensure that bids are accurate, timely, and manageable, quotation management software has become an essential tool for firms looking to optimize their quoting process. Sales teams may use this technology to save time and cut down on mistakes, which will eventually improve customer happiness and boost income.

Management 40

Management Real-time Visibility Price e2e 40

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. Market Research Comprehensive market research helps institutions identify potential suppliers, compare pricing, evaluate product quality, and understand emerging technologies and solutions relevant to educational contexts.

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. Inefficiency abounds.

Real-time Visibility 52

Real-time Visibility Procurement Procurement team Price 52

Procurement Heads

AUGUST 2, 2023

Additionally, it felt like the right time for a new challenge, as I had spent nearly 24 years with my previous employer. 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.

Supply chain 130

Supply chain Real-time Visibility Sustainability Procurement strategies 130

Supply Chain Collaborator

AUGUST 2, 2019

When broader market rates for truckload freight change significantly, shippers can find themselves paying prices for shipments well outside of what current market rates should dictate. This is particularly true when market rates fall after a period of sustained high pricing.

Strategy 69

Strategy Real-time Visibility Contract Bidding 69

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.

Real-time Visibility 52

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

Procurement Software

APRIL 18, 2023

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 saves buyers not only money, but hours of conversation time. This involves suppliers competing in sequential bidding.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 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

Supply Chain Game Changer

MAY 12, 2021

You put time, energy, focus, and emotion into a negotiation, so naturally, you want to come out feeling as if you’ve done a good job, get a good price, or ‘won’. Dell’s attempts to lower costs, including bidding out the work three times during the eight-year relationship, ate into FedEx’s profits. Time, Money, or Things.

Negotiation 69

Negotiation Buyers Bidding Collaboration 69

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. Our suggested pricing capabilities.

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Collaborator

JUNE 20, 2016

Look for TMS solutions that offer integrated online portals for all users to access order, shipment status and other critical information providing a centralized repository for real-time views into inbound and outbound freight. Consistency in Pricing and Service Agreements. Less “Angst” in “Day-to-Day” Business Dealings.

Sustainability 60

Sustainability Logistics Supply Chain Efficiency Real-time Visibility 60

Supply Chain Game Changer

JANUARY 12, 2021

Most recently I have received lots of emails and messages from unknown people offering to sell me masks and other personal protective equipment (PPE) for really low prices. All of this, and more, has caused to me consider that this is a very important, very real, and very prevalent issue. Scams and Fraud in Conclusion.

Supply chain 57

Supply chain Real-time Visibility Supply Inventory 57

Bonfire

MARCH 29, 2022

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. What strategies are crown corporations using to deal with the current price uncertainty in the market? Inflation is a real concern for public sector budgets today.

Procurement 52

Procurement Real-time Visibility Eprocurement Bidding 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

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. Sustainable bidding. Another report found that 50% of respondents are investing in AI to improve employees’ use of time and allow for more high-value work.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

TYA Suite

SEPTEMBER 25, 2024

This stage helps evaluate suppliers based on their pricing, terms, and solutions offered. In some circumstances, suppliers are asked to provide precise pricing information via a Request for Quotation (RFQ). Key criteria for evaluation include cost, quality, delivery times, and supplier reliability.

Supply Chain Efficiency 40

Supply Chain Efficiency Sourcing Procurement supply chain budgeting 40

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

World of Procurement blog

MAY 8, 2024

Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. The goal is to find suppliers capable of delivering based on specifications, pricing, quality, capacity, and other factors. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Old school, pure-play price negotiations don’t work, especially in an inflationary market. Savings on indirect spend categories can’t usually be measured as Purchase Price Variance (PPV) against a standard or average price which can directly impact the bottom line. Implement a competitive bidding policy.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Old school, pure-play price negotiations don’t work, especially in an inflationary market. Savings on indirect spend categories can’t usually be measured as Purchase Price Variance (PPV) against a standard or average price which can directly impact the bottom line. Implement a competitive bidding policy.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

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

TYA Suite

JULY 17, 2024

(RFQ) is a formal process used by organizations to solicit bids from suppliers for specific goods or services. It involves requesting a quotation that details pricing and specifications. This quote process is critical for ensuring competitive pricing and high-quality procurement.

Real-time Visibility 40

Real-time Visibility Quantity Price Negotiation 40

The Thomas Blog

JUNE 22, 2022

Some buyers only work with manufacturers or suppliers that have specific certifications , so make sure they're visible and up to date. Knowing what each of those interested parties needs can help you speak their language more effectively — and give you more chances to be in the right place at the right time when they’re considering suppliers.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

Claritum

MAY 2, 2019

If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? Price and Terms *. As, whilst Procurement professionals are deeply involved in transaction related activities, they do not have time to effectively address this second list. 1 Introduction. Need recognition.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

Una

APRIL 23, 2024

Demand forecasting & inventory optimization Can we finally bid goodbye to overstocked warehouses and disappointed customers? Route optimization & logistics planning Cost savings, faster delivery times, and happier customers? Why Do We Need Supply Chain Visibility? Where do I sign?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Claritum

MAY 11, 2018

Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent. Do you have visibility of a global supply chain? Do you have visibility of a global supply chain?

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

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

Claritum

JULY 11, 2018

To make effective decisions about indirect spend, it is important to understand the scope and breadth of the category – visibility. In this case there is a need to capture the data in real time in the first instance. In this case there is a need to capture the data in real time in the first instance.

Real-time Visibility 36

Real-time Visibility Category management Purchasing Contract 36

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

Zycus Cognitive Procurement

NOVEMBER 29, 2022

In good times, operating leverage (ratio of fixed and variable costs) can supercharge profit growth. However, in times of growth, new costs and expenses also tend to creep in, and over time, these costs harden and morph into fixed cost structures. You may provide better demand visibility to the vendor partner.

Strategy 52

Strategy Real-time Visibility Contract e2e 52

Procurement Software

JULY 18, 2023

It gives you full visibility of your spend data, all in one place. It also includes automated bidding and analysis, allowing you to create templates and sequences, invite vendors automatically, then follow up and analyse their bids. New modules are being developed all the time as part of WeProc’s continuous development.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Claritum

JULY 11, 2018

To make effective decisions, It is important within any spend category to understand the scope and breadth of the category – visibility. In this case there is a need to capture the data in real time in the first instance. In this case there is a need to capture the data in real time in the first instance.

Real-time Visibility 32

Real-time Visibility Category management Purchasing Contract 32

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