Buyers Market knowledge Supply Chain Optimization 
SCMDOJO
APRIL 3, 2022
E-auctions can also be utilized to get the greatest price on practically any market offering throughout all sectors, regardless of sector (Jose, 2020). Suppliers may stretch and optimize offerings and bids based on factual and real market knowledge and information via eAuctions, which enable real-time monitoring and evaluation.
Empowering CPO
JUNE 14, 2023
Moreover, traditional procurement models can be slow and bureaucratic, lacking the flexibility to adapt to changing business needs and market conditions. They can also create adversarial relationships between buyers and suppliers, as they often involve tough negotiations and a focus on short-term gains rather than long-term collaboration.
Expert insights. Personalized for you.
141 
Let's personalize your content