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Procurence: Vendor Analysis, 2022 Update (Part 1) — SxM and main new modules overview, market analysis and tech selection tips

Spend Matters

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). Procurence’s solution (Meercat) provides customers with rich features to manage their suppliers and their risk, emphasizing supply quality management and project-based procurement.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

In the absence of communication, even the best suppliers can only deliver marginal value at best. For optimal effectiveness, supplier selection, contract management , and supplier development must be supported by consistent, streamlined, and transparent collaboration.

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The Beautiful Complexity of Procurement Planning

The Good Spending

The business must provide specific requirements for each strategic category - need-by dates, critical technical requirements, quality management provisions, etc. As part of category planning, procurement will prepare the contract management plan to identify valid multi-year contracts and upcoming contract renewals.

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No Code Procurement: Build your own Procurement Apps

Procurement Software

Examples of procurement tools in Bubble: Internally Hosted e-Procurement Catalogues Contract Management System Supplier Quality Management (SQM) Tracker 8. Bubble empowers anyone to launch powerful, professional-grade applications, eliminating the traditional barriers of time, cost, and technical expertise.

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Adapting Pharmaceutical Companies’ Distribution and Supply Networks

Jaggaer

Next, teams must take a close look at the quality management process, making sure it covers the whole distribution flow. Contract managers must ensure clear rules are defined, specifically regarding product reception, batch recall, quarantine management and reverse logistics.

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How to build a successful procurement strategy

IBM Supply Chain Blog

Understand the organization’s needs—whether it’s increased sales, managing cash flow, shorter time-frames, improved forecasting, quality management or sustainability—and how they align with the overall business strategy and long-term plan. Be flexible.

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How To Measure And Maximize Procurement ROI In 2023?

TYA Suite

You should take a step back and examine how sourcing works in your company if you don't currently have a procurement management strategy in place or if it hasn't been updated in a while. Keeping track of and approving purchase requests Establishing a three-way match and quality management Do not be misled; this is not a quick process.