SCMDOJO

APRIL 3, 2022

Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs.

Supply Chain Efficiency 138

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 138

SCMDOJO

FEBRUARY 29, 2024

Managing and optimizing a supplier’s performance is as essential as it is difficult. Supplier performance management provides detailed information about the risks your suppliers may have, so you can take action to reduce or eliminate risks in your supply chain. Price isn’t everything. How is it possible?

Suppliers 55

Suppliers Management Quality Import 55

Jaggaer

OCTOBER 8, 2019

They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) 3) Optimize: Leverage new and emerging technologies. Get additional data from new sources where you need them, e.g. about supply chain or financial risks. 4) The “Day of Digitalization”.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

SPLC (Sustainable Purchasing Leadership Council)

MAY 29, 2019

They held 16 events through their green purchasing roundtable and had 13 local partners piggyback on their procurement contracts, using their collective purchasing power to enter a group bid for electric vehicles. Citi’s Supply Chain Sustainability Program: Embedding supply chain sustainability into the supplier selection process.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Some of the first-hand areas from small to large organizations have been: An $8 billion global company has been placing all items for bid each year to realize cost savings. Landgraf, CEO at Above the Standard ( [link] ). Another $1.5

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Una

MARCH 6, 2023

This approach involves using an online platform to invite suppliers to bid against each other for a contract in order to drive prices down. McKinsey explains : “Buyers and suppliers can work together to develop innovative new products, for example, boosting revenues and profits for both parties.

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

The Good Spending

NOVEMBER 5, 2021

Procurement is on the journey from cost-cutting to value delivery Naturally, Procurement started in the lowest cost arena, where the cheapest bid wins. Lowest bid Supplier selection by the lowest bid is still the dominant approach in many companies, especially public ones. This method is simple, logical, and easy to implement.

Procurement 52

Procurement Bidding Supply Chain Efficiency Contract 52

Procurement Software

JUNE 13, 2023

It serves the needs of purchasing managers, procurement professionals and senior buyers. It claims a ‘guided approach to sourcing optimization, AI-based algorithms and an intuitive user interface’. It also works in the other direction, analysing optimal prices and highlighting biggest opportunities.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Planergy

JULY 21, 2023

This contingent labor allows you to optimize your marketing without fully engaging an internal marketing department or marketing agency. Goods have fixed prices, whereas services usually involve negotiation between buyers and sellers to reach a pricing agreement.

Management 52

Management Procurement supply chain budgeting Budget 52

Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions. This requires continuous process improvement.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Even in the most tactical procurement roles, a buyer should be able to visualize the purchasing process from beginning to end. The Supply Chain Game Changer Job Board! Subscribe Here! Email Address.

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68