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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

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REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. 100% visibility of sourcing processes.

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Transparency with Purpose – Public Sector Procurement

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Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. Worse still, a lack of structure might suggest that no one is truly managing the spend.

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Duct Tape Can’t Fix Your Legacy Systems

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This, in turn, opens the door to powerful analytics engines and AI-fueled applications that can answer increasingly complex questions by pulling data from more than one source or transaction. They also want transparency, but in their case, it is visibility into new bids, the state of existing bids, awards, and payment status.

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Believe It Or Not, Procurement Impacts Every Single Person

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At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Increased Transparency: Greater visibility for all as to the opportunities available (or already planned) to work with city and state agencies.

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Unique Problems Require Unique Solutions

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Enormous, complex, global enterprises use procurement technology to manage their spend, suppliers, contracts and bids every day without seeming to run into the same stumbling blocks as the public sector, which operates on a smaller and more localized basis.

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What to Expect When You’re Expecting (to Buy a TMS Solution)

Supply Chain Collaborator

Once only utilized by the largest organizations, cloud computing has brought TMS solutions to the masses with mid-sized and even small shippers able to source and implement solutions that are affordable and effective in automating their logistics processes. Her TMS solution wish list includes: End-to-end execution. Connectivity.

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Counterintuitive strategies to navigate the recession: Part 2

Zycus Cognitive Procurement

You may provide better demand visibility to the vendor partner. Best-in-class organizations also conduct ‘reverse auctions’ for comparative bidding to ensure minimum supplier cost. Doing so can help reduce the end-to-end process cycle time from a few weeks to a couple of days or even a few hours. Contract compliance.