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. I curate best book marks so you don’t need to hunt around!

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Supply Chain Dive

MAY 8, 2024

Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations.

Bidding 111

Bidding Suppliers 111

Spend Matters

JULY 25, 2022

The consensus was cautious optimism about the pivot to a broader platform and ecosystem approach (including the unique community intelligence aspect of Coupa’s solution strategy) that includes the rapidly expanding Coupa App Marketplace. Collaborating supply plans/POs with suppliers. But, is such a leap truly synergistic?

Spend management 78

Spend management Supply Chain Optimization Supply chain management Supply chain management 78

Zycus Cognitive Procurement

FEBRUARY 4, 2021

Despite sourcing being central to supply chain and procurement processes and the business as a whole, it continues to take a backseat in most organizations’ digital transformation priorities. each event sees participation from scores of suppliers – often 250+ – placing bids across 60,000 to 80,000+ lanes.

Supply Chain Optimization 40

Supply Chain Optimization Sourcing Bidding Suppliers 40

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

ivalua

FEBRUARY 10, 2023

These options also open up the door for collaboration with suppliers, or holding regular reviews that can help optimize supplier management techniques. You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place.

Price 264

Price Strategy Sourcing Real-time Visibility 264

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

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Arkestro

SEPTEMBER 7, 2023

Automotive Accelerate your auto supply chain efficiency with Arkestro Get in touch Our solutions Rev up your procurement impact with PPO Predictive Procurement Orchestration (PPO) is transforming the way automotive companies find the right supplier, at the right price, at the right time.

Bidding 52

Bidding Supply Chain Optimization Supply Chain Efficiency Price 52

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Sustainable bidding. Here are just a few ways manufacturing procurement teams can leverage AI and automation tools this year: Minimize supply chain disruptions.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain! Let’s explore further.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

World of Procurement blog

APRIL 23, 2024

Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. This software plays a pivotal role in automating and optimizing procurement tasks, thereby enhancing productivity and reducing costs.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting Procurement 52

World of Procurement blog

APRIL 23, 2024

Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. This software plays a pivotal role in automating and optimizing procurement tasks, thereby enhancing productivity and reducing costs.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting Procurement 52

Jaggaer

DECEMBER 4, 2018

JAGGAER’s Sourcing Optimization tool allows transportation companies to automate and evaluate high volumes of complex, conditional bids with multiple suppliers. With the recent release of Routing Network Optimization , users gained the ability to break down their shipping routes by leg to optimize freight step by step, saving millions.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

SCMDOJO

APRIL 3, 2022

Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Arkestro

SEPTEMBER 29, 2023

Manufacturing Optimize Manufacturing Efficiency with Arkestro Get in touch Our solutions Gear Up for Success: Predictive Procurement Fine-Tunes Efficiency in the Manufacturing Industry Arkestro is your secret weapon in the manufacturing industry. We help you save money and time, across all areas of addressable spend.

Real-time Visibility 52

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

Arkestro

SEPTEMBER 29, 2023

Autonomous procurement refers to the use of advanced technologies to streamline and optimize the procurement process. By leveraging the latest technology to improve efficiency, organizations can increase cost savings, reduce risks in the supply chain, and enhance overall performance. What is autonomous procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

Procurement Tactics

OCTOBER 18, 2022

SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Templates

MARCH 3, 2024

Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. By conducting a thorough procurement assessment of needs, organizations can make informed decisions and optimize their procurement processes to achieve their goals efficiently while minimizing risks and maximizing value for money.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

TYA Suite

SEPTEMBER 25, 2024

Each topic will be thoroughly covered, ensuring that you have a solid grasp of how eSourcing platforms can optimize procurement activities and best practices in sourcing, as well as how effective sourcing methods can significantly enhance your business operations. provide features for comparing and analyzing supplier bids.

Supply Chain Efficiency 40

Supply Chain Efficiency Sourcing Procurement supply chain budgeting 40

Procurement Tactics

JULY 21, 2022

Procurement portals have shaped supply chain management drastically. The procurement portal’s functionality lets two complex business processes be optimized and streamlined. Leverages competitive bidding. A procurement portal offers a variety of ways for stress-free bidding management. What is a Procurement Portal?

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

Arkestro

FEBRUARY 6, 2024

Arkestro’s Personal Touch Across the Globe When a large organization with a complex supply chain came to Arkestro to implement our PPO platform, our professional services team traveled to three of their global locations to make sure PPO could be their strategic superpower this year. And it learns as you go.

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

World of Procurement blog

APRIL 23, 2024

This includes fair treatment of suppliers, transparent bid processes, and adherence to anti-corruption policies. Implement Risk Management Practices Identifying, assessing, and mitigating risks related to supply chain disruptions, price volatility, and supplier performance is critical.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

This includes fair treatment of suppliers, transparent bid processes, and adherence to anti-corruption policies. Implement Risk Management Practices Identifying, assessing, and mitigating risks related to supply chain disruptions, price volatility, and supplier performance is critical.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Solvoyo

JANUARY 3, 2020

The supply chain world is just discovering the digital twin concept and we are nowhere close to the level of detail and sophistication of these decades-old examples. However, I also believe that the old-fashioned digital representation of a supply chain with nodes and arcs is like drawing a stick figure.

Supply Chain Optimization 40

Supply Chain Optimization supply chain software solutions Supply chain Supply 40

World of Procurement blog

MAY 8, 2024

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. How can procurement help achieve those aims through better supplier relationships and spending optimization?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Pipefy

FEBRUARY 13, 2023

Purchasing then commences, including bid evaluations, contract negotiation, and the final sale. Unlock the benefits of procurement automation with Pipefy to contain costs, improve visibility, and stay ahead of supply chain disruptions. Is acquisition part of procurement? In a word, yes! The two processes are closely linked.

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

Jaggaer

AUGUST 12, 2020

Sourcing was in chaos and a topic that concerned many customers was that they were pushing back transportation tenders – and especially any planned mega – bids – while they waited to see how the market would develop. In recent weeks , all that has changed , and organizations are firing up transportation and mega-bids. .

Sourcing 52

Sourcing Bidding supply chain software solutions Supply Chain Optimization 52

Supply Chain Game Changer

OCTOBER 24, 2022

Subscribe to Supply Chain Game Changer. The Bullwhip Effect is a pretty popular phenomenon and conversational topic in supply chain management. In most cases, it refers to inventory problems that occur due to miscommunication between organizations in a supply chain. Email Address. Planning and purchasing.

Real-time Visibility 76

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

TYA Suite

OCTOBER 27, 2024

is a comprehensive solution designed to automate and optimize the. Additionally, the software can automate the request for proposal (RFP) and request for quotation (RFQ) processes , enabling businesses to gather and compare vendor bids more efficiently. We will also discuss how to implement this tool to maximize its effectiveness.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

TYA Suite

JULY 17, 2024

Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing. Utilizes data analytics and market intelligence to optimize category performance and mitigate risks. Limited use of technology and digital tools in procurement operations.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Then, the suppliers submit their bids and the company decides which one to hire. Not only is creating value important, but realizing optimal value through widespread adoption of your system helps the business need its goals and improve its bottom line. Subscribe Here! Email Address.

supply chain budgeting 101

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

SCMDOJO

AUGUST 4, 2023

By implementing effective inventory management and inventory reduction strategies, you can optimize your operations, enhance customer satisfaction, and ultimately boost your bottom line. Following the ever-changing nature of businesses, optimal cost control has not always taken the front seat in the priority list.

Inventory 98

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 98

Una

NOVEMBER 29, 2023

This can include implementing a formal Supplier Relationship Management (SRM) program, sharing your strategy with key suppliers, collaborating on cost-saving initiatives, and ensuring a reliable and efficient supply chain. This may involve seeking out new suppliers, optimizing supplier portfolios, and conducting competitive bids.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

Una

NOVEMBER 1, 2022

Procurement professionals are abandoning traditional sourcing practices in favor of more responsive strategies to supply chain management in pursuit of more significant cost savings and organizational efficiencies. Today, however, the pandemic has shown procurement to be more than simply purchasing goods and services.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98