ivalua

JUNE 11, 2019

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. For the longest time, leading Procurement technology providers in my experience just ignored this space.

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

Supply Chain Collaborator

AUGUST 17, 2018

After all, when it has to be there on time and lead time is already short, simply finding a carrier willing to move the freight at any price can seem like a win. Does your TMS solution provide a competitive bid spot bid management tool? Does your TMS solution provide a competitive bid spot bid management tool?

Budget 100

Budget Competitive bidding Bidding Logistics 100

Procurement Insights

MARCH 25, 2025

Tendium.ai (Web ID: 2) notes that professional bidders handle high-value RFPs, but a “too-tight deadline” often results in “no-bid” decisions, potentially dropping response rates below 30% in such cases. Factors Influencing Costs Proposal Complexity : More complex proposals require more time, expertise, and resources.

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Once you have visibility into your tail spend, you can look at patterns. We need to change the perception of procurement and create a beneficial user experience that lowers risk, reduces time and of course, cost. .

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

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

Supply Chain Game Changer

SEPTEMBER 22, 2022

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. Transparency is a good thing when it comes to spending visibility. Real-time Spend Tracking.

supply chain budgeting 101

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

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

Let's Talk Supply Chain

MARCH 17, 2025

Beyond his professional endeavors, Josh is a dedicated family man, balancing his time between chauffeuring his two daughters to sporting events and enjoying quality moments with his wife. Weve grown by solving real problems. They need efficiency, visibility, and control. Customers dont just stay with us, they expand with us.

Logistics 52

Logistics Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

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

Supply Chain Collaborator

OCTOBER 30, 2018

UltraShipTMS Technology Unleashes the Power of Competitive Bidding to Drive Freight Spend Down and Increases Access to Scarce Truckload Capacity. Once tenders are submitted, a shipper enjoys real-time visibility into all the bids proffered by participating respondents. savings on expedited freight costs.

Competitive bidding 60

Competitive bidding Bidding Real-time Visibility Data 60

EazyStock

AUGUST 28, 2023

As a cloud-based inventory optimization solution, EazyStock connects to your enterprise resource planning (ERP) or existing business system. It then automates those time-consuming and inaccurate manual inventory management processes. Manually calculating the EOQ is time-consuming and prone to errors in replenishment.

Real-time Visibility 52

Real-time Visibility Inventory Data Management 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

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

Supply Chain Game Changer

OCTOBER 24, 2022

Without an ERP system, you don’t have visibility into your entire supply chain. In a bid to keep productivity and reduced supply chain difficulties, the following are ways you can manage the bullwhip effect with an ERP system. You know there will be demand for it, and it takes time to build up inventory.

Real-time Visibility 76

Real-time Visibility supply chain budgeting supply chain software solutions Inventory 76

Spend Matters

OCTOBER 17, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. It was about time for a software solution that automatically identifies cost saving potentials — the key KPI — to procurement organizations. ” What does it mean to be named a Future 5?

Buyers 110

Buyers Real-time Visibility Sustainability Data 110

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

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

Procurement Software

APRIL 18, 2023

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. This back and forth is very time-consuming. This not only saves time and human resources.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Pipefy

FEBRUARY 13, 2023

In this stage of the process, multiple departments collaborate to address capability requirements, design, technology, and, most importantly, time and cost. Purchasing then commences, including bid evaluations, contract negotiation, and the final sale. Procurement vs. acquisition: What’s the real difference? In a word, yes!

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

Planergy

FEBRUARY 24, 2025

While less visible, these procurement areas are crucial for maintaining a functional educational environment. This often involves sending a request for proposal (RFP), competitive bidding, detailed evaluations, and comprehensive vendor performance assessments. Learn about us, and our long history of helping companies just like yours.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 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

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. This makes planning the landed cost of freight movements more predictable and stable over time.

Sustainability 60

Sustainability Logistics Supply Chain Efficiency Real-time Visibility 60

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.

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

Bonfire

APRIL 3, 2023

For many of them, their organizations have invested a lot of time and money in ERP systems that do many things well and are there to stay. There’s often little visibility into supplier performance and risk, limited supplier collaboration and communication, and little or no ability to manage supplier contracts and agreements.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 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

Supply Chain Game Changer

JANUARY 12, 2021

All of this, and more, has caused to me consider that this is a very important, very real, and very prevalent issue. With all of the daily pressures in Supply Chain in can be easy to forget that these vulnerabilities are real, are most likely imminent, and need our attention now to prevent either occurrence or recurrence.

Supply chain 57

Supply chain Real-time Visibility Supply Inventory 57

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.

Collaboration 46

Collaboration Networking Supply Chain Efficiency supply chain budgeting 46

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. Businesses leverage procurement technology for: Automating Manual Processes: From issuing purchase orders to processing invoices, automation reduces errors and saves time.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Finale Inventory

JULY 26, 2024

Key Challenges in Parts Inventory Management While efficient parts inventory management is essential, it comes with its challenges. This can make it challenging to keep track of stock levels and ensure that the right parts are available at the right place and time.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

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. 4 ) AI-powered Contract Management :

Procurement 40

Procurement Real-time Visibility Contract management Bidding 40

Claritum

MAY 2, 2019

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

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

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

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

TYA Suite

SEPTEMBER 25, 2024

Key criteria for evaluation include cost, quality, delivery times, and supplier reliability. Digital tools provide greater visibility into the procurement process, allowing organizations to track , compare bids, and analyze data more effectively. provide features for comparing and analyzing supplier bids.

Supply Chain Efficiency 40

Supply Chain Efficiency Sourcing Procurement supply chain budgeting 40