Remove Bidding Remove Buyers Remove Spend management Remove supply chain software solutions
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How effective Tail Spend Management can drive cost savings

Procurement Software

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

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How effective Tail Spend Management can drive cost savings

Procurement Software

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

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RFI, RFP, RFQ, ROI, RFT: What’s the Difference?

Planergy

Sourcing Supply Chain Management. RFX – request for X – can refer to any request a buyer issues a vendor – thereby applying to any of these documents. Buyers can provide information about prices, quality, delivery times, and other important factors when purchasing. Lyle Del Vecchio. 15 min read.

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11 Best eSourcing Software for Mid-Market Companies

Procurement Software

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

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Services Procurement: What Is It and How To Manage It

Planergy

You don’t pay for the service if no content needs to be created, so there’s no need to keep a retainer or spend money on unused services, allowing for better control over spend management. Goods have fixed prices, whereas services usually involve negotiation between buyers and sellers to reach a pricing agreement.

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How Digital Procurement Tools Can Eliminate Busy Work

Procurement Software

Procurement technology, or procuretech, refers to software which powers these digital tools which automate and streamline procurement. Software can be used to not only assist procurement teams to automate manual processes such as data entry, document processing and vendor communication. What is procurement tech?

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7 Best Procurement Tools to Streamline Your Business Processes

Pipefy

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. E-procurement software automates an organization’s entire procurement cycle and integrates it into other systems. What are e-procurement tools?