Agile and Lean Supply Chain Bidding Strategic sourcing Supply Chain Efficiency 
World of Procurement blog
MAY 8, 2024
Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.
Una
OCTOBER 9, 2023
How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.
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Una
NOVEMBER 14, 2022
This left procurement organizations and departments scrambling to find more strategic alternatives to not only survive but carve out their place in an evolving global market. Then, in the 1960s, the practice of competitive bidding became commonplace giving rise to trained procurement professionals. What’s changed? Is that all?
Una
JANUARY 8, 2024
When it's finally time to bid them farewell, they are recyclable, contributing to a greener planet. Value-Creation Maestro You invest a bit more in fuel-efficient, low-maintenance vehicles with a longer lifespan. When it's time to bid farewell, they're easily recyclable. Financial Value Show me the money!
The Procuretech Podcast
MAY 3, 2022
Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? Alan Holland, CEO of Keelvar, is here to tell us how AI can offer something more immediate, spot and transactional, in these unstable times when agility matters.
Empowering CPO
JUNE 14, 2023
At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. These technologies enable better supplier evaluation, improved contract management, predictive analytics, and enhanced transparency.
Una
MARCH 6, 2024
Get things done faster Outsourcing helps businesses streamline their operations and use their resources more efficiently. Being able to adapt fast keeps businesses agile and ready for whatever the market throws their way. The primary motivation for outsourcing is to increase efficiency (24%) and to gain access to expert skills (18%).
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