Procurement Insights

OCTOBER 24, 2022

In short, by focusing on savings, the wrong practices and buyer behaviors were rewarded, e.g., beating down suppliers, vendor rationalization etc. What is worth noting is that back in 2007, the executive participants in a CPO Agenda Roundtable said that one strategic sourcing professional is worth ten run-of-the-mill buyers.

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Jaggaer

JULY 28, 2020

A DPS is a completely electronic system used by a contracting authority (the buyer) to purchase commonly used goods or services. In other words, it is an “open market” solution designed to provide buyers with access to a pool of pre-qualified suppliers. Unlike a traditional framework, suppliers can apply to join at any time.

Procurement 75

Procurement Buyers Contract Purchasing 75

Procurement Insights

DECEMBER 13, 2024

For a comprehensive understanding of how these AI agents will transform procurement and supply chain operations, GEP offers a detailed white paper on the subject. To do this effectively, the buyer would have to simultaneously engage key stakeholders such as suppliers, courier companies, and customs brokers enter the Metaprise.

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

Jaggaer

SEPTEMBER 1, 2020

You can learn all about the ’why’ of category management in our recent white paper by Kelly Barner of Buyers’ Meeting Point. Improved Buyer Experience . The expansion of eCommerce has driven up the expectations of distributed buyers. Evaluating the relevant risks in the supply chain for each category.

Category management 52

Category management Management Buyers Supply Chain Efficiency 52

The Procuretech Podcast

MARCH 15, 2022

We don't charge any subscription to buyers. That's why we feel that a lot of the detailed research and white papers are unnecessarily complex. Do you need to pay several thousand dollars for a white paper you'll probably never read in full? White papers and solutions maps can be unnecessarily confusing.

supply chain software solutions 52

supply chain software solutions Procurement Supply Chain Efficiency Market knowledge 52

ivalua

SEPTEMBER 24, 2020

To learn more about the value of Invoice-to-Pay, download our white paper. If at any stage buyer interaction is required, this is provided via a low touch email or mobile friendly interface. This makes paying an invoice faster, simpler and on time. . What Are The Benefits of Invoice-to-Pay?

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

Jaggaer

APRIL 8, 2019

Maverick buyers are unlikely to use preferred suppliers , and as a result, the goods and services they receive simply won’t match the timeliness, quality, price, efficiency, or customer support that you’d expect from a preferred supplier. JAGGAER customers typically report 90-95% approvals within 24 hours. Download it here now.

Contract 66

Contract Purchasing Suppliers Quality 66

Jaggaer

APRIL 30, 2020

To learn more about autonomous procurement and the journey to get there, download our new white paper. Buyers will not only have to learn to use the technology, but also how to trust that it’s making the right decisions. Read our white paper, The Journey to Your Autonomous Procurement Starts Now!

Procurement 52

Procurement Buyers Contract Sourcing 52

The Thomas Blog

JULY 12, 2022

Bad First Impressions: A welcome email is the first communication you will have with a potential buyer, and if you don't nail it right out of the gate, you can blow a chance of closing a deal. That's why it's important to define your buyer personas to reach your target audience effectively. Disadvantages Of Welcome Emails.

Buyers 134

Buyers Purchasing Strategy Import 134

Supply Chain Game Changer

MAY 23, 2022

Purchasing items for projects has always been difficult because of high administration costs and risks associated with both the buyer and seller. In 2014, the central bank released a white paper outlining how bitcoin’s blockchain could benefit the economy.

Supply Chain Efficiency 86

Supply Chain Efficiency Bidding Networking Supply chain 86

NLPA (Next Level Purchasing Association)

MARCH 24, 2022

Determining who should handle logistics depends on both the buyer and seller’s relative and absolute sizes. Customs clears the goods, and a local carrier delivers them to the buyer’s location. It may later clear customs near (or even inside) the buyer’s factory or warehouse. Procedures for moving goods may vary.

Logistics 52

Logistics Export Buyers Raw materials 52

Jaggaer

OCTOBER 20, 2020

They are great for suppliers, who get faster payments, and great for buyers as it reduces the number of inbound invoices, thus relieving accounts payable departments of a lot of manual effort. Read about how to get greater transparency over indirect spend in our white paper. The Downside of P-Cards.

Eprocurement 52

Eprocurement Buyers Purchase orders Purchasing 52

The Network Effect

JANUARY 17, 2016

An example supply network configuration of these roles includes; Buyer Side. Buyer Supply Chain Planner – all the business functionality. Buyer Supply Chain Manager – Planner + Master Admin. Buyer Supply Chain Admin – Manager + user/role admin. Buyer – Bidding/Negotiation (Buy Side). Buyer Planner.

Buyers 40

Buyers Supply Chain Efficiency Networking Bidding 40

The Thomas Blog

JANUARY 5, 2024

Instead, it focuses on reaching and engaging potential buyers, entering new markets, and promoting a product or service's special features and benefits. As a business or brand owner, your webinars can engage and educate your audience, build contact lists, develop buyer interest, and build brand awareness. Use social media effectively.

Demand 52

Demand Buyers Strategy Networking 52

The Thomas Blog

APRIL 3, 2024

Inbound lead generation utilizes various tactics, including content marketing such as: blog posts, white papers, and e-books, as well as search engine optimization (SEO), and social-media marketing. Produce informative materials with comprehensive insights and solutions, like: white papers, e-books, and manuals.

Buyers 52

Buyers Strategy Quality Purchasing 52

SupplyShift

JUNE 25, 2021

The trick is to provide your corporate buyers with actionable supplier sustainability data. See our corresponding white paper for more details on how to navigate your supply chain sustainability journey. Or, get in touch with us and we’ll show you how our platform can support you and your suppliers along the way.

Sustainability 52

Sustainability Supply chain Risk Supply 52

SupplyShift

JUNE 25, 2021

The trick is to provide your corporate buyers with actionable supplier sustainability data. See our corresponding white paper for more details on how to navigate your supply chain sustainability journey. Or, get in touch with us and we’ll show you how our platform can support you and your suppliers along the way.

Sustainability 52

Sustainability Supply chain Risk Supply 52

Supply Chain Game Changer

MAY 5, 2021

Top consulting firms are taking notice too, in their own advice to corporate leaders: Bain , Deloitte , McKinsie , and Baker McKenzie , and others have released white papers in recent days on the importance of Supply Chain resiliency and risk mitigation in this new era. They must always result from a strategic decision.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

The Network Effect

OCTOBER 1, 2014

In the 2013 white paper “ Industrial Distribution at a Crossroads ,” we presented the reality that for industrial distributors to continue to be successful, they need to adopt the right strategy, the right technology, and the right supply chain. So let’s ask the question again: Is anything happening in B2B?

Price 58

Price supply chain budgeting Supply Chain Efficiency Inventory 58

The Thomas Blog

JANUARY 16, 2024

Thomasnet is an authoritative niche directory in the industrial and manufacturing sector that connects suppliers and buyers. The platform allows suppliers to create detailed profiles about their products/services and also allows buyers to access relevant suppliers based on product type, certification, location, and capabilities.

Real-time Visibility 52

Real-time Visibility Buyers Strategy Networking 52

The Thomas Blog

MARCH 26, 2024

They’re usually identified after doing things like downloading a white paper or attending a webinar. Marketing teams might put lead volume and engagement metrics at the top of their list while sales teams focus on things like budget availability and buyer intent. By contrast, SQLs are deemed ready for direct sales contact.

Buyers 52

Buyers Quality Strategy Budget 52

Claritum

MAY 20, 2019

Buyers should be able to track orders more effectively and an automated system should also enable records of orders to be kept. Other relevant articles and White Papers on this subject: Article: Opportunity cost of transactional activity in Procurement. White paper download: 7 ways to transform eProcurement adoption.

Procurement 32

Procurement Real-time Visibility Eprocurement Bidding 32

NLPA (Next Level Purchasing Association)

JULY 24, 2021

Service performance measurements relate to the personal and electronic interaction between the buyer and seller and can include responsiveness, resolution of problems, the technology used to provide customer service, and so forth. Visit NLPA Learning , the new home to all of our certifications and online courses.

Supply management 52

Supply management Management Supply Suppliers 52

Jaggaer

JANUARY 14, 2020

Discover what you can do, and what you can save, when you know your indirect spend with the white paper 6 Challenges Caused by a Lack of Transparency and How to Overcome Them. Striving to be best-in-class in every category will ensure your supply chain is flawless, but at a marginal benefit to the buyer.”

Supply Chain Efficiency 40

Supply Chain Efficiency Raw materials supply chain budgeting Supply Chain Optimization 40

The Thomas Blog

MAY 7, 2024

Use personalized emails, messages, and content to engage them at different stages of their buyer journey. Leverage Targeted Content: Develop targeted content tailored to the unique characteristics and interests of your buyer personas. ® is trusted by millions of industrial buyers who have leveraged our content and expertise.

Buyers 52

Buyers Data Purchasing Strategy 52

The Thomas Blog

JUNE 22, 2022

Step #2: Offer Content On Your Website Your Buyers Can Easily Find. One thing that holds many buyers back is the number of questions they may have about certain details of the products or services you offer. These companies believe that, by leaving some questions unanswered, it encourages potential buyers to call to get an answer.

Buyers 52

Buyers Strategy Import Quality 52

The Thomas Blog

JANUARY 5, 2024

It is someone who could become a customer—a person or organization that sales professionals identify as a likely buyer or client for a specific brand, product, or company. Segment Your Leads: Segment leads based on the buyer's journey stages: awareness, consideration, and decision. About Thomasnet Thomasnet.com®

Strategy 52

Strategy Buyers Real-time Visibility Data 52

Procurement Insights

JUNE 24, 2022

” The subject of spreadsheets didn’t come up again until January 22nd, 2014 , when Buyers Meeting Point’s Kelly Barner did a Dragon’s Den review of the GroupRFx solution. ” Patel adds, “Excel, Word and email are still dominating the buyer/seller interaction for all transactions.”

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

Staff Your Purchasing Department Effectively Learn how to assemble the right team for your purchasing department and assign buyer responsibilities strategically. NLPA Learning also includes learning resources, including live and on-demand webinars, publications and reports, articles, templates, white papers, and more!

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

NLPA Learning also includes learning resources, including live and on-demand webinars, publications and reports, articles, templates, white papers, and more! These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

The Thomas Blog

JANUARY 31, 2024

Create and publish informative and engaging content like blog posts, videos, webinars, white papers, and e-books to educate and attract a broad but information-hungry audience. ® is trusted by millions of industrial buyers who have leveraged our content and expertise. Content marketing can be ideal for demand generation.

Demand 52

Demand Influencing Strategy Bidding 52

Procurement Software

NOVEMBER 24, 2024

Compare what you’d get from running Google or LinkedIn ads, or gated white papers or webinars. If you’re having conversations with middle managers, it might be fantastic for brand value but you’re going to be stuck hoping that this person makes introductions or follows up with the economic buyer after the event.

Procurement 52

Procurement Networking Leadership Buyers 52

Procurement Software

FEBRUARY 14, 2023

A lot of the best of lists and a lot of the white papers out there don’t really seem to consider these in their analysis. Important here is also how many of those users will be buyers / approvers vs. just requisitioners or view only access to access reports.

supply chain software solutions 72

supply chain software solutions Procurement Price Sourcing 72

Procurement Software

MARCH 19, 2024

Some examples of where generative AI can help, without the need to implement an expensive P2P suite include: Intake New supplier onboarding PO / delivery status Invoice payment status Using prompts and receiving responses in plain language will reduce the need for suppliers or stakeholders to contact Buyers for routine enquiries.

Procurement 52

Procurement Category management supply chain software solutions Data 52