ivalua

FEBRUARY 10, 2023

You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Skill Dynamics

AUGUST 4, 2022

Implementing a contract management system. Make use of technology to save time and be more efficient by implementing a contract management system. Let’s admit it: creating contracts is time consuming and businesses often work with hundreds of vendors every year.

Procurement 52

Procurement Bidding Negotiation Contract management 52

Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. We’re responsible for the supplier management and then supporting the business in contract management as well. We’re a point of escalation, for dealing with issues and supporting through the exit of contracts.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

Procurement Heads

JUNE 6, 2023

Additionally, I am responsible for driving our technology initiatives, including e-tendering platforms, contract management, and ERP integrations. It is contract management, it is low-cost sourcing, and the whole policy side. I also serve as the sponsor for our all of our complex procurement activities.

Contract management 130

Contract management Contract Supply Chain Efficiency Procurement 130

ivalua

FEBRUARY 27, 2023

The eSourcing solution includes the ability to create RFPs, receive bids from qualified suppliers, analyze supplier performance, and manage contracts all in one place. In addition, our Contract Management module helps Manufacturers to easily track milestones and consumption in real time across multiple agreements.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Barkers Procurement

MARCH 23, 2022

This included drafting the tender documentation pack, managing clarifications/tender process, stakeholder/bidder communications, bid evaluation/analysis, commercial negotiations, drafting T&Cs, recommendation paper, governance, final contract documentation, bidder debriefs and contract management handover pack for Go-Live date.

Contract management 52

Contract management Contract Negotiation Market knowledge 52

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.

Real-time Visibility 40

Real-time Visibility Procurement Contract management Bidding 40

Procurement Templates

NOVEMBER 11, 2022

. • This should be achieved through asking the supplier specific questions: o at selection stage, seeking evidence of developing and maintaining skills relevant to the contract in question o at award stage, seeking the supplier’s proposals for skills development and apprenticeships in performance of the contract. •

Procurement 130

Procurement Contract Supply Chain Efficiency Bidding 130

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. Hopefully they are using some awesome Procurement Software to manage this sourcing stage.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. We’re responsible for the supplier management and then supporting the business in contract management as well. We’re a point of escalation, for dealing with issues and supporting through the exit of contracts.

Sustainability 130

Sustainability Influencing Agile and Lean Supply Chain Procurement 130

Bonfire

SEPTEMBER 1, 2022

Many of the tools procurement teams are searching for (contract management, evaluations, vendor engagement, etc.) Many stated a system that makes it easier for vendors to submit bids has increased engagement and vendor satisfaction. simply don’t exist in ERPs. One barrier that came up frequently was buy-in.

Bidding 52

Bidding Procurement team Procurement Contract management 52

Value Match

JUNE 27, 2022

Bid Management. Contract for Change. How do you evaluate your suppliers during sourcing, and post contract, manage, monitored and review? Categories. Best Practice Guides. Case Study. Circular Economy. Community Story. Environment and Climate. Equality and Inclusion. Government Buying Standards. Legislation.

Contract 52

Contract Suppliers Procurement team Quality 52

Zycus Cognitive Procurement

JANUARY 12, 2021

3] Astute Contract Risk Management. What happens after the contract awarding phase is most significant because it could move your entire procurement process in another direction. Contract management plays an essential role in maintaining an effective and competitive supply chain.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Value Match

JULY 28, 2022

Bid Management. Contract for Change. This will require resourcing, expertise, training and allocating resources away from sourcing to supplier and contract management. Categories. Best Practice Guides. Case Study. Circular Economy. Community Story. Environment and Climate. Equality and Inclusion. Legislation.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Contract 52

SCMDOJO

FEBRUARY 13, 2023

The Manager reviews RFPs before sending them out to potential suppliers to bid. Review and negotiate procurement contracts within the organization to ensure the best value. Contract Manager A contract manager within an organization ensures the management of the entire contract process.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

SCMDOJO

DECEMBER 11, 2023

Bid Analysis Report: The “Bid Analysis Report” is a critical component of procurement, serving as a comprehensive document that evaluates and analyzes bids received during the procurement process. The Bid Analysis Report meticulously examines each bid against these criteria to determine its overall suitability.

Supply Chain Efficiency 17

Supply Chain Efficiency Purchase orders Procurement Bidding 17

NLPA (Next Level Purchasing Association)

DECEMBER 10, 2021

Below is a list of common delay causes encountered on construction projects: Errors and omissions in the contract documents. Not having a phasing plan in the bid documents when the site work has to be done in phases. Lack of proper planning and management of the project. Poor bidding. Missing information. Scope changes.

Contract 52

Contract Bidding Contract management Sourcing 52

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.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Procurement Templates

MARCH 3, 2024

Here’s how a PQQ is typically used: Supplier Screening : The primary purpose of a PQQ is to screen potential suppliers or contractors to ensure they meet certain basic criteria before they are invited to submit a bid. Could the article be better, yes it can be better but it doesn’t mean it’s not useful.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Heads

JUNE 14, 2023

There were no category strategies in place, sourcing was often about re-tendering the same specifications again just to try and squeeze further cost out, and there was a culture of disputes in post contract management. We were not very innovative or creative in our commercial deals.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Networking Innovation 130

Una

JUNE 15, 2023

The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge. If you start here and get this right, this provider could even help manage the rest of your procurement outsourcing for you.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52

Claritum

MAY 11, 2018

One problem your organisation might face is the challenge of how to compare bids from multiple suppliers in multiple currencies. Claritum’s spend management platform enables users to reduce the time spent dealing with suppliers and customers by making repeat ordering and contract management easier to manage.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Procurement Heads

JULY 26, 2023

We implement new contract management procedures so the whole organisation is working to the same contract management levels and principles. Good contract management principles are also high on my agenda. There’s so much value for money lost in poor contract management.

Contract management 130

Contract management Contract Supply Chain Efficiency Price 130

Supply Chain Game Changer

NOVEMBER 24, 2018

It can involve a simple contract renegotiation, a renewal to achieve more favourable terms and pricing, a competitive bid to several possible suppliers to achieve the best overall solution considering quality and cost or even a full end to end project including project management for implementation of a solution.

Procurement 51

Procurement supply chain budgeting Contract Competitive bidding 51

Procurement Software

MARCH 11, 2022

If a Category Manager earns €100k a year and is charged with complex sourcing and negotiations, surely they are smart enough to manage their own travel budget? Competitive bidding for €10k worth of one-time spend. What’s the cost of the procurement team member‘s time invested versus the end result?

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Requesting ocean rate bids can often feel like a challenging task, adding to the complexity and time-consuming nature of the process for shippers.

Cost of ownership 83

Cost of ownership Procurement Category management supply chain software solutions 83

Procurement Software

MARCH 11, 2022

If a Category Manager earns €100k a year and is charged with complex sourcing and negotiations, surely they are smart enough to manage their own travel budget? Competitive bidding for €10k worth of one-time spend. What’s the cost of the procurement team member‘s time invested versus the end result?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Procurement Tactics

OCTOBER 18, 2022

GEP Smart is a complete procurement solution with full spend analysis, sourcing, contract management, supplier management, purchasing, invoice handling, and saving track processes integrated into it. . It provides supplier relationship management tools that are designed to make the source-to-pay workflow easy.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

HICX

DECEMBER 15, 2022

And when a supplier has a choice, if they only have time or bandwidth to respond to one bid today, you as a procurement professional have to do everything you can to make sure that you are the most attractive customer.”. That information can be hard to get.” . “If Why is the suppliers’ perspective important for procurement professionals?

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Spend Matters

JUNE 21, 2023

Even in its early days, Ignite offered some contract management and supplier management features. The tool is a cloud platform that is driven by APIs which means Requis can interact with apps made by anyone. There are four main modules. Ignite is very focused on cleaning, enriching and analyzing data.

Management 55

Management Supply Chain Efficiency Data Collaboration 55

Una

OCTOBER 9, 2023

This involves, for example, running competitive bids, e-procurement, issuing purchase orders, and overseeing invoicing and payments. Una works as an extension of your internal procurement department as an additional resource for efficient strategic sourcing and supplier and contract management.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

JUNE 13, 2023

DeepStream DeepStream Technologies is a rapidly growing source-to-contract software based in London, providing an e-sourcing and contract management platform. Its platform allows for reverse auctions, automated RFP-RFI-RFQ, PR, and P2P processes, contract management, as well as spend analysis.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Arkestro

JANUARY 9, 2024

Sustainable bidding. Procurement can integrate eco-friendly practices into bidding strategies by setting clear sustainability criteria, prioritizing suppliers with established sustainability practices, and requesting detailed sustainability plans from suppliers. Contract management. Cost analysis.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Pipefy

JANUARY 31, 2023

B Bid A submission from a supplier or vendor containing a cost estimate for goods or services, usually in response to a business’ invitation to bid. Successful bids often contain the supplier’s past relevant projects as a proven track record of success and a detailed plan to deliver the product in a timely manner.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 52

Procurement Software

FEBRUARY 27, 2024

Some S2P suites also offer contract management functionality. Whereas on the other hand, your ERP system can only really handle a typical 3-bids-and-a-buy scenario. This will get you on the road to digitalisation of your sourcing, and perhaps even your contract management, much faster and with more features.

Sourcing 52

Sourcing Contract management Price Procurement 52

Jaggaer

JULY 7, 2020

Over time, this engagement has expanded globally and is still focused on one of the most testing categories of sourcing and contract management within procurement: transport and logistics. The Contracts and Contracts Utilization Dashboards provide a series of reports on the number of contracts portioned by different dimensions.

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

Una

SEPTEMBER 21, 2023

Competitive bidding Encouraging suppliers to compete for your business through competitive bidding processes can result in more competitive pricing and better terms. Contract management Well-structured contracts are essential for cost avoidance.

Competitive bidding 52

Competitive bidding Ethics Supply Chain Optimization Strategy 52