ProcurePort

JULY 8, 2020

Procurement teams especially need to stay up to date on the latest trends and technologies that are available to them. As with any rapidly advancing industry, procurement […]. The post e-Auction Bidding in the Procurement Process appeared first on ProcurePort Blog.

Bidding 130

Bidding Procurement Procurement team Innovation 130

Spend Matters

FEBRUARY 26, 2025

Despite the cold weather, the room was filled with passionate public procurement practitioners and suppliers who were eager to chat and learn. Recent successes include: In 2024, 321 new government procurement teams were onboarded. The State of New York is adopting SOVRAs fee optimization program via the Reconciler tool.

Procurement 116

Procurement Bidding Contract management Data 116

ProcurePort

OCTOBER 12, 2020

Companies are looking for ways to effectively manage costs during procurement while also getting value. With the advent of technology and procurement software with inbuilt e-auction functionality, the […]. The post Enhancing Your Team’s E-Auction Bidding Strategy appeared first on ProcurePort Blog.

Bidding 130

Bidding Strategy Negotiation Procurement 130

ProcurePort

FEBRUARY 15, 2022

Construction contractors, large-scale manufacturers, and leading suppliers win contracts through competitive bidding. Clients can structure the bidding process in several ways, but the two most crucial methods of soliciting remain: sending a request for proposal RFP or a request for bid and extending an invitation to bid ITB.

Bidding 130

Bidding Competitive bidding Contract Suppliers 130

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

SCMDOJO

MARCH 14, 2025

Introduction In the world of public procurement and competitive bidding, a structured tender evaluation process ensures that organizations select the most qualified vendors while maintaining transparency and efficiency. Bid Submission Deadline Set a strict submission timeline to ensure fairness.

Bidding 59

Bidding Contract Contract management Price 59

Procurement Freelancers

JULY 31, 2024

When businesses want to purchase goods or services, they often use bids and tenders to… The post The Ultimate Guide to Bids and Tenders for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

Bidding 98

Bidding Purchasing Supply chain Procurement 98

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter RFP Evaluation Criteria Best Practices RFP evaluation criteria best practices are ways you can do to make your RFP process to be efficient, consistent, and transparent. However, what are these best practices?

Bidding 212

Bidding Budget Negotiation Quality 212

Procurement Tactics

MARCH 26, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Open Tendering — Everything You Should Know Open tendering is crucial in the acquisition of goods and services for a company. Those who have submitted a bid but have not been invited are likely to be ignored.

Bidding 197

Bidding Suppliers Competitive bidding Price 197

ivalua

JUNE 11, 2019

If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

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

Procurement Templates

NOVEMBER 11, 2022

Procurement Policy Note – Taking Account of Carbon Reduction Plans in the procurement of major government contracts Action Note PPN 06/21 05/06/2021 Issue. This Procurement Policy Note (PPN) sets out how to take account of suppliers’ Net Zero Carbon Reduction Plans in the procurement of major Government contracts.

Procurement 130

Procurement Bidding Contract Suppliers 130

Procurement Tactics

JANUARY 13, 2023

Procurement success in 2023 with our Strategy Course. Procurement as a Career — 7 Reasons Why You Should Choose Procurement. Procurement as a career is a fulfilling one, especially if you enjoy putting your knowledge to use in the real world. For this article, we will discuss what procurement is as a career.

Procurement 171

Procurement Chief Procurement Officer Strategic sourcing Strategic sourcing 171

Procurement Tactics

NOVEMBER 16, 2022

33 Procurement Interview Questions in 2022. Procurement Amazon — Everything You Should Know. As one of the largest companies in the world, you may wonder how it does its procurement. As one of the largest companies in the world, you may wonder how it does its procurement. The Amazonification of Procurement.

Procurement 184

Procurement Inventory Bidding Suppliers 184

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. While this approach saves time and effort, it also comes with inherent risks.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Supply Chain Game Changer

JUNE 23, 2021

Featuring Our 12 Best Procurement Articles! Competitive bidding results article and permission to publish here provided by James Liang at PowerRFP. Leading a competitive bidding process can be painful. While they should have a strong emphasis on increasing sales, they often under-invest in improving procurement performance.

Competitive bidding 72

Competitive bidding Bidding supply chain software solutions Supply Chain Optimization 72

Procurement Tactics

NOVEMBER 14, 2022

33 Procurement Interview Questions in 2022. A Request for information (RFI) is a method of gathering information from multiple suppliers before the procurement manager starts to source products or services. . Once the data has been collated, the procurement manager will assess and start discussing with the suppliers. Advantages.

Bidding 178

Bidding Suppliers Procurement Import 178

Procurement Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

ivalua

OCTOBER 28, 2022

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . I know what you are thinking–making the needed changes to Public Procurement Processes will seem like a Sisyphean task.

Bidding 130

Bidding Procurement Procurement team Procurement solutions 130

Procurement Tactics

JULY 21, 2022

33 Procurement Interview Questions in 2022. Procurement Portal — The Ultimate Guide of 2022. Many professionals encounter procurement portals through e-procurement. For this article, we will tackle what procurement portals are. For this article, we will tackle what procurement portals are. First Name.

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

ivalua

MARCH 3, 2020

Yet, these initiatives are rarely owned by Procurement. On the contrary, Procurement often plays the bad cop role, creating barriers to onboard new and innovative suppliers, asking for endless compliance documents, ending the magic of the incubation. Second, Procurement lacks time and resources to perform this kind of tasks.

Procurement 182

Procurement Innovation Chief Procurement Officer Collaboration 182

ProcurePort

JUNE 9, 2021

How can you plug the value leaks in your buying channels procurement? When procurement teams are faced with outdated, cumbersome, laborious procurement systems they will more often than not cut corners in a bid to simply get things done.

Strategy 130

Strategy Procurement Bidding Procurement team 130

ivalua

DECEMBER 5, 2019

This simply isn’t sustainable; as the collapse of Carillion last year showed , a relationship where suppliers are pitted against each other to reduce margins and lower their bids for unprofitable projects can have dire consequences. . Procurement is essential for organisations looking to build relationships.

Innovation 170

Innovation Suppliers Procurement Collaboration 170

ProcurePort

JANUARY 7, 2021

Procurement auctions are quite different; although the main concept is still the same. A group of competitors all bid against one another in an online auction until one is selected as the overall winner. However, in procurement, auctions are […]. “Going once, going twice, sold – to the gentleman in the grey cap!”.

Bidding 130

Bidding Procurement 130

Procurement Tactics

JULY 14, 2022

33 Procurement Interview Questions in 2022. Procurement Tender — The Ultimate Guide of 2022. Procurement tender is very important for the company to carefully select their supplier. For this article, we will discuss everything about the procurement tender. What is Procurement Tender? First Name. Download Free PDF.

Procurement 130

Procurement Bidding Supply Chain Efficiency Contract 130

Skill Dynamics

DECEMBER 18, 2024

Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Lets take a look.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. This blog explores the key insights from the report and reflects on how procurement technology can be a game-changer in addressing these pressing priorities.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Supply chain 52

Procurement Tactics

OCTOBER 12, 2022

33 Procurement Interview Questions in 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.

Bidding 177

Bidding Negotiation Collaboration Procurement 177

Procurement Tactics

NOVEMBER 25, 2022

33 Procurement Interview Questions in 2022. If the same pattern follows, we can expect that procurement from government agencies will remain a steady revenue source for suppliers. Even if you win public sector bids, there are several unknowns going into the next recession. Negotiation Course For Procurement Professionals.

Raw materials 195

Raw materials Bidding Contract Suppliers 195

SCMDOJO

FEBRUARY 16, 2025

The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Automates bidding processes and cost optimization. Assesses supplier bids and optimizes contract terms.

Supply Chain Efficiency 73

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

Procurement Tactics

OCTOBER 6, 2022

33 Procurement Interview Questions in 2022. RFP in project management is an important part of the procurement process as it gives you relief once you finally submitted the finished proposal. 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.

Project management 180

Project management Management Bidding Buyers 180

Arkestro

DECEMBER 26, 2024

Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

OCTOBER 29, 2019

Procurement transparency exists within the public sector because it is required by law. Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions.

e2e 113

e2e Procurement Bidding Contract 113

Procurement Tactics

JULY 13, 2022

33 Procurement Interview Questions in 2022. Procurement Function — Everything a Procurement Professional Should Know. The procurement function is one of the keys for a business to succeed. Due to this, it has shed a light on the importance of procurement functions. . Procurement Today. Procurement Function

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

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

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price 264

Price Strategy Sourcing Real-time Visibility 264