Zycus Cognitive Procurement

FEBRUARY 8, 2022

To enable procurement teams to be more strategic, firms must put AI at the center of their arsenal and use it to assist with forecasting demand trends, optimizing bids for estimated savings, calculating supplier scores based on negotiated contract terms, monitoring budget performance, and much more. let’s go through some use cases-.

Real-time Visibility 40

Real-time Visibility Procurement Contract management Bidding 40

Pipefy

NOVEMBER 24, 2023

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. When properly equipped with the right platforms, procurement teams can achieve benefits such as increased efficiency and productivity, cost savings, better supplier management, and improved process visibility and transparency.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. and allows you plenty of time to find replacement suppliers should the quality or lead times of existing ones diminish.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

HICX

DECEMBER 15, 2022

After gaining experience, David went on to establish his own business, Procurated , which connects public sector buyers with peer-reviewed suppliers. And yet, the process allowed this company to be picked because it didn’t provide visibility to the procurement people about that supplier’s poor track record in the past.” .

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Procurement Software

MARCH 11, 2022

Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance. Implement a competitive bidding policy. One time purchases (such as project spend) can take up a lot of procurement time. Having a threshold for competitive bidding facilitates two possible benefits.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance. Implement a competitive bidding policy. One time purchases (such as project spend) can take up a lot of procurement time. Having a threshold for competitive bidding facilitates two possible benefits.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

JULY 18, 2023

It gives you full visibility of your spend data, all in one place. It also includes automated bidding and analysis, allowing you to create templates and sequences, invite vendors automatically, then follow up and analyse their bids. New modules are being developed all the time as part of WeProc’s continuous development.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. It can also provide real-time data and analytics. OCR also enhances customer experience by simplifying access to data, improving response times, and streamlining workflow.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Once you have visibility into your tail spend, you can look at patterns. We need to change the perception of procurement and create a beneficial user experience that lowers risk, reduces time and of course, cost. . We’re here to help.

Buyers 130

Buyers Real-time Visibility Procurement team Purchasing 130

Claritum

JANUARY 25, 2019

By automating their business processes in functions such as finance, procurement and goods receiving and automating time-consuming, repetitive tasks SMEs stand to improve productivity which will help them gain competitive advantage. Including: Better Cash Flow associated with payments and inventory management.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

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 models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Brain

APRIL 23, 2018

Take Nordstrom’s Trunk Club , the subscription-based service that ships out curated selections of clothing periodically and invites buyers to return whatever they don’t wish to keep. While that action poses an inconvenience to customers, it gives retailers prior notice and visibility of what’s in the returns pipeline.

Logistics 40

Logistics Real-time Visibility Bidding Demand 40

Bonfire

MARCH 29, 2022

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. Inflation is a real concern for public sector budgets today. Vendors can see each other’s pricing (usually in real time) and try to beat those bids by going lower.

Procurement 52

Procurement Real-time Visibility Eprocurement Bidding 52

Claritum

MAY 20, 2019

Procurement automation should speed up processes and free employees from repetitive time-consuming administration. How would they like to be able to communicate requirements and evaluate bids? Common problems, in the procurement process, that can be fixed by automation include: the approval process is manual and time consuming.

Procurement 32

Procurement Real-time Visibility Eprocurement Bidding 32