Arkestro

MARCH 13, 2023

Resources / Case Studies / Modernizing Mining Equipment Procurement with PPO Modernizing Mining Equipment Procurement with PPO Searles Valley Minerals is a mining and production company that produces salt, borax, pyrobor, sodium carbonate, and much more.

Bidding 52

Bidding Procurement Buyers Quantity 52

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? Why is it Important?

Price 130

Price Purchasing Raw materials Negotiation 130

Arkestro

FEBRUARY 6, 2024

Resources / Blog / How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days What if you could implement a procurement platform that was so easy to use, your team could be up and running after just one hour of training?

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. Today, we’re covering automated procurement and how it can help your business in the future.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

The Good Spending

OCTOBER 17, 2021

Competitive bidding may become bad procurement practice The use of competitive bidding remains an established practice. This happens despite the well-known Kraljic matrix recommendation to exercise competitive bidding selectively, e.g., for leverage items. This table represents a cost estimate of a simple RFP (e.g.,

Competitive bidding 52

Competitive bidding Bidding Procurement Quantity 52

Arkestro

SEPTEMBER 29, 2023

By 2026, the procurement analytics market is predicted to grow at a compound annual growth rate (CAGR) of nearly 20% , equating to $8.36 This is largely driven by technological innovations shaking up the industry, with autonomous procurement at the helm. What is autonomous procurement? Why is autonomous procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

Pipefy

MARCH 6, 2023

Procurement is one of the most critical processes in any business. procurement ensures that materials, supplies, and labor are available to help the business meet its goals. But procurement is also about vendor relationship management, preventing avoidable costs, and handling a high volume of incoming purchase requests.

Procurement 59

Procurement Procurement team Purchase orders Vendor relationships 59

Procurement Tactics

FEBRUARY 28, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Like, Intent, Breakpoint — Closing Deals in Negotiation Like, intent, breakpoint will help you get your desired result in a negotiation. Thus, you should be thinking about the quantity at this stage.

Negotiation 162

Negotiation Price Strategy Quantity 162

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Top 5 Direct Materials Sourcing tech capabilities What’s the state of different procurement technologies in the market today and do they meet user demands?

Sourcing 68

Sourcing Bidding Price Suppliers 68

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Supply Chain Efficiency 16

Supply Chain Efficiency Purchase orders Procurement Bidding 16

Spend Matters

JULY 25, 2022

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.

Spend management 68

Spend management Supply Chain Optimization Supply chain management Supply chain management 68

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. Procurement KPIs continually measure the progress of all things related to buying and obtaining goods and services necessary for a business’ operation.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Empowering CPO

DECEMBER 9, 2020

Procurement service provider completes this step immediately after the collection of historic data and after understanding of the requirement for the next contract period. Understanding the change in requirement either in terms of quality and quantity. Leveraging Procurement Services. What is Baseline? Budgeted Price.

Data 52

Data Cost of ownership Strategic sourcing Strategic sourcing 52

Arkestro

MARCH 8, 2024

Resources / Blog / Inspiring Inclusion: The Transformative Role of Women in Procurement Inspiring Inclusion: The Transformative Role of Women in Procurement As we celebrate International Women’s Month 2024 , the spotlight shines on the progress toward equality and the continued journey for inclusive growth within the professional sphere.

Procurement 52

Procurement Leadership Data Innovation 52

Market Dojo

DECEMBER 13, 2017

We recently encountered an article on Linkedin by Rémy de Lavergne, a highly experienced procurement professional with a specialism in Logistics. We’ll follow up with more of Rémy’s insight in due course, but here is an introduction to his Procurement Matrix. The Lavergne Procurement Matrix is protected by a copyright.

Procurement 40

Procurement Competitive bidding Buyers Innovation 40

Claritum

AUGUST 28, 2018

Claritum Article - Procurement Blog. Low bid with knowledge that over or false payments can be extracted. In the case of procurement, loading the dice refers to taking actions that ensure a particular supplier is either always favoured, selected or is at least short listed. Companies not bidding. Companies not bidding.

Suppliers 32

Suppliers Bidding Procurement Contract 32

Claritum

MAY 2, 2019

Claritum Article - Procurement Blog. Key transactional areas of Procurement. Strategic focus areas of Procurement. If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? 2 Key transactional areas of procurement. Introduction. 1 Introduction.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

Pipefy

DECEMBER 22, 2022

In addition to obtaining RFIs for current needs, businesses typically store RFIs in a database so that they are available when future purchasing and procurement needs arise. Find the right automation tool for your procurement team The Buyer’s Guide to Automation Platforms Download now. Timing Ongoing, but prior to bidding.

Bidding 52

Bidding Purchasing Price Procurement team 52

SCMDOJO

FEBRUARY 29, 2024

Each of these three terms is defined as follows: Supplier Evaluation – Assess a potential supplier’s ability to control quality, delivery, quantity, price, and any other factors included in the contract. They do not relate to any overall company procurement goals and objectives. Some companies may have a board of directors.

Suppliers 55

Suppliers Management Quality Import 55

Spend Matters

JUNE 21, 2023

Read our previous coverage here: Carbon Management (Part 1): TechMatch launch, participating vendors and overall results Carbon Management (Part 2): Overview of solutions and strengths/weaknesses But, before going into the details of the update, let’s look at the current state of Carbon Management in procurement and supply chain management.

Management 50

Management Supply Chain Efficiency Data Collaboration 50

Claritum

NOVEMBER 18, 2016

Claritum Article - Procurement Blog. 1 A can do mind set in procurement. For many organisations, strategic spend represents 80% of total expenditure by value and only 20% of the transaction quantity. Often the procurement cycles are relatively lengthy (weeks or months) with heavy involvement from procurement professionals.

Bidding 32

Bidding Suppliers Sourcing Quantity 32

Supply Chain Game Changer

AUGUST 15, 2019

You could also hire some just to test them out, or you could create bidding wars between them. Send them a written list or brief of what you need in turn, including the quantities and time frames you have in mind. suppliermanagement #procurement #purchasing. Author: Tyler Brown. appeared first on Supply Chain Game Changer™.

Suppliers 58

Suppliers supply chain software solutions Supply Chain Efficiency Supplier relationship management 58

Procurement Zen

MARCH 16, 2020

Electronic negotiations are bidding platforms like myHammer or eBay. Procurement publishes tenders on these platforms on which suppliers then can bid. This comes in as an opportunity to receive comparable bids from the counter party. The post Negotiation Techniques appeared first on Procurement Zen. Let me know.

Negotiation 52

Negotiation Price Import Influencing 52