Pipefy

JANUARY 11, 2023

At the same time, this collaboration helps procurement teams understand the vendor’s processes and requirements, which establishes alignment and prevents miscommunications, delays, or errors. Some of the benefits of VRM include: Access to data and information that improve budgeting and cost forecast accuracy.

Vendor relationships 59

Vendor relationships Management Procurement team Vendor management 59

SCMDOJO

DECEMBER 11, 2023

This fosters stronger collaborations, encourages accountability, and ensures a more reliable and resilient supply chain. Risk Mitigation: Understanding and managing risks is crucial in procurement, and procurement reports serve as valuable tools in this regard. Download Free Supplier Performance Report 3.

Supply Chain Efficiency 17

Supply Chain Efficiency Purchase orders Procurement Bidding 17

Pipefy

JANUARY 4, 2023

But the inherent complexity of the procurement process means that it’s also prone to inefficiencies, errors, and broken handoffs. That makes procurement automation more important than ever. Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.”

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Una

APRIL 9, 2024

It might not seem like much but at the time, that meant more wiggle room in our household budget as a young family. The opportunity to refinance was a no-brainer; we could do it relatively quickly and it didn’t cost us anything out of pocket. Bettering your bottom line As a procurement leader , I’m sure you’re often (always?)

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

Skill Dynamics

OCTOBER 19, 2023

Numerous platforms and needs, on top of a multi-tiered supply chain, have made origin tracing even more challenging. Nonetheless, there is a whole lot more to opimizing procurement processes than just cutting costs and then increasing efficiencies. Meeting these goals often requires upskilling your procurement team.

Supply Chain Optimization 52

Supply Chain Optimization Strategy Procurement Vendor management 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

JANUARY 23, 2024

Hivebuy Hivebuy is one of a number of growing German procurement startups based in Berlin, offering process optimisation solution for small and medium-sized companies. It supports them in budgeting, requesting, and ordering articles and services for their business, while benefiting from better purchasing conditions.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Planergy

AUGUST 8, 2023

They include: Open tendering Single-source procurement Two-stage tendering Restricted tendering Request for proposal (RFP) Request for quotation (RFQ) Your procurement team will determine which method to source goods and services based on what you need, when you need it, your budget, and other factors.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Planergy

JANUARY 18, 2024

If you’re starting the catalog creation process from scratch, does it have the configurable options you need to make maintaining high-quality data and procurement analysis possible? Integration with Other Systems Does the procurement system integrate with the other tools you use across your supply chain?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52