Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. If a Category Manager earns €100k a year and is charged with complex sourcing and negotiations, surely they are smart enough to manage their own travel budget? Competitive bidding for €10k worth of one-time spend. Reductions in energy or material consumption.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Arkestro

SEPTEMBER 29, 2023

The software works with real-time and historical data, including user preferences, past buys, supplier performance, and market trends. Systems use this data to automate routine procurement tasks and make informed decisions about sourcing, pricing, and supplier relationships. Why is autonomous procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement supply chain software solutions 52

Planergy

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Organizations are constantly exploring new procurement methods to create a more strategic procurement strategy and ensure competitive procurement. How to gain visibility and control of your indirect spend.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. If a Category Manager earns €100k a year and is charged with complex sourcing and negotiations, surely they are smart enough to manage their own travel budget? Competitive bidding for €10k worth of one-time spend. Reductions in energy or material consumption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

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

Procurement Software

MARCH 11, 2022

Direct materials that go into the production process are strategically sourced. Of course, procurement software can help you to achieve all of these much faster. Forcing clunky software or even worse, an archaic ERP system, onto them isn’t going to make you many friends. Implement a competitive bidding policy.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Direct materials that go into the production process are strategically sourced. Of course, procurement software can help you to achieve all of these much faster. Forcing clunky software or even worse, an archaic ERP system, onto them isn’t going to make you many friends. Implement a competitive bidding policy.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Claritum

NOVEMBER 16, 2018

Ensuring that policies are adhered to and that there is appropriate supplier selection (strategic suppliers, approved suppliers and competitive bids for example.). Supply chain optimisation. Securing competitive suppliers for Indirect Spend categories. Defining best practice across the entirety of the supply chain.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Procurement Software

APRIL 18, 2023

Supply chains across the world have been hit hard with long lead times – increasing on average 207% this year. Within just six months of adopting an entirely new way of sourcing, the team saved between 12% and 22% across every product and service. This encourages competitive bidding.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. e-Procurement platforms: Comprehensive solutions that automate the entire procurement process, from requisition to payment.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Planergy

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves procuring services from outside sources and managing the relationship with supplier or service provider. Wasted Spend Without adequate supply chain management , organizations risk wasting a lot of money.

Management 52

Management Procurement supply chain budgeting Budget 52

Claritum

AUGUST 4, 2020

strategic suppliers, approved suppliers and competitive bids for. larger percentage of their staff allocated to sourcing, supply base. and development of plans: Analysing and quantifying value chains. Supply chain optimisation. Securing competitive suppliers for Indirect Spend categories.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41