Value Match

SEPTEMBER 8, 2022

Bid Management. The target was Advanced, a supplier into the NHS that provides software for various parts of the NHS. 4 steps to protecting yourself from Cyber Attacks The National Cyber Security Centre offers a Supplier Assurance Questionnaire that organisations can utilise to protect themselves and their supply chain.

supply chain software solutions 64

supply chain software solutions Supply chain Supply Suppliers 64

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. With Ivalua, you can quickly access spend analysis tools to identify areas for cost savings and benchmark current prices against market trends.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Fortunately, there are plenty of software Solutions out there to help streamline things and make it easier across the board. Then, the suppliers submit their bids and the company decides which one to hire. appeared first on Supply Chain Game Changer™.

supply chain budgeting 101

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

World of Procurement blog

APRIL 23, 2024

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. This includes fair treatment of suppliers, transparent bid processes, and adherence to anti-corruption policies.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. This includes fair treatment of suppliers, transparent bid processes, and adherence to anti-corruption policies.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

Procurement Software

APRIL 18, 2023

This involves suppliers competing in sequential bidding. Buyers will have already vetted the suppliers they want to invite to the eAuction and suppliers will start out with their initial bid at the beginning of the auction process. This saves buyers not only money, but hours of conversation time.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

ivalua

MARCH 4, 2016

Listening to all of the talks by industry leaders led me to a glaring conclusion—the critical role that technology plays in supply chain and sourcing is the giant elephant in the room that no one was talking about, but everyone could see. The post Are you a Supply Chain Visionary Vick or Laggard Larry? Time is Money.

supply chain software solutions 100

supply chain software solutions Supply Chain Efficiency Supply chain Bill of materials 100

Arkestro

SEPTEMBER 29, 2023

The software works with real-time and historical data, including user preferences, past buys, supplier performance, and market trends. With all the time saved, procurement teams can dedicate their days to the most unpredictable and complex spend categories, leaving procurement software to handle the rest.

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Understanding Procurement Technology Procurement technology refers to the software and systems that automate and streamline procurement processes for businesses, covering everything from sourcing materials and services to managing contracts and analyzing spending. Software like Concord and Agiloft comes to mind.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

World of Procurement blog

MAY 8, 2024

Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Dual sourcing and supply chain digitization can help.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Arkestro

MARCH 13, 2023

It turned to Arkestro Predictive Procurement software. Arkestro empowers us to automate and accelerate the bidding process, speeding delivery of preferred supplier agreements to different businesses.” Due to pandemic-driven market disruption, consumer behaviors shifted and labor forces shrunk — suffocating the global supply chain.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement Bidding 52

Jaggaer

DECEMBER 4, 2018

With the rapid spread digitization of business process functions, these experts predict that by 2022, 50 percent of all organizations will have acquired at least one procurement software application. For more on JAGGAER’s Advanced Sourcing Optimization solution, download the datasheet.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

Procurement Insights

SEPTEMBER 15, 2023

As an introduction or lead-in to that old post, I want to share the following excerpt from an article written in June 2023 responding to the question – What is AI in supply chain in 2023? Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.”

Buyers 63

Buyers supply chain software solutions Bidding Quality 63

Supply Chain Game Changer

OCTOBER 24, 2022

Subscribe to Supply Chain Game Changer. The Bullwhip Effect is a pretty popular phenomenon and conversational topic in supply chain management. In most cases, it refers to inventory problems that occur due to miscommunication between organizations in a supply chain. Email Address. Planning and purchasing.

Real-time Visibility 76

Real-time Visibility supply chain budgeting supply chain software solutions Inventory 76

Jaggaer

AUGUST 12, 2020

Sourcing was in chaos and a topic that concerned many customers was that they were pushing back transportation tenders – and especially any planned mega – bids – while they waited to see how the market would develop. In recent weeks , all that has changed , and organizations are firing up transportation and mega-bids. .

Sourcing 52

Sourcing Bidding supply chain software solutions Supply Chain Optimization 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Competitive bidding for €10k worth of one-time spend. Yes, there are expensive purchasing software suites out there which cost hundreds of thousands of dollars and are aimed at large, enterprise level organisations. Reductions in energy or material consumption.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Jaggaer

MARCH 30, 2020

The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing. He points to the 52% of Fortune 500 companies that have disappeared in the last 20 years and suggests that the suppliers you select with three bids and a buy might not be among the survivors.

Sourcing 99

Sourcing Data Bidding Supply Chain Efficiency 99

Solvoyo

JANUARY 3, 2020

The supply chain world is just discovering the digital twin concept and we are nowhere close to the level of detail and sophistication of these decades-old examples. However, I also believe that the old-fashioned digital representation of a supply chain with nodes and arcs is like drawing a stick figure.

Supply Chain Optimization 40

Supply Chain Optimization supply chain software solutions Supply chain Supply 40

Empowering CPO

DECEMBER 3, 2020

If the supplier is offering inconsistent prices, suspiciously high prices or there is a huge difference in price of winning bid and other bids, surprisingly similar prices between bids, fewer bids for a particular market or suspicious subcontracting agreements, then it should trigger an alarm for you. Contact us today.

Chief Procurement Officer 52

Chief Procurement Officer Bidding Strategic sourcing Strategic sourcing 52

Arkestro

OCTOBER 16, 2022

On October 17, Spend Matters released their 50 Procurement Providers to Watch for 2022, acknowledging Arkestro’s strong focus on i nnovation, tech competency, and solution delivery. Spend Matters has previously recognized Arkestro as being a “Value Leader,” a “Provider to Know,” a “ Provider to Watch ,” and a “Future 5” solution.

Procurement 52

Procurement supply chain software solutions Bidding Sourcing 52

Procurement Tactics

AUGUST 30, 2022

When electronic procurement is implemented properly, it opens the lines of communication between the organization and the supplier by creating a link and facilitating interactions like bids, emails, and purchase orders. . There is numerous procurement software that you can use to help the organization achieve this goal.

Procurement 130

Procurement Supply Chain Efficiency Purchasing Suppliers 130

Value Match

FEBRUARY 23, 2023

The new software has a reduced bias and error scatter compared to previous models. Below are some examples: Conduct a supply chain risk assessment : Procurement teams can start by assessing the risks associated with sea level rise, including the impact on operations and infrastructure. appeared first on.

Procurement team 52

Procurement team supply chain software solutions Supply chain resilience Risk 52

Procurement Tactics

JULY 13, 2022

The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. This will allow you to give importance to these functions that will keep your supply chain sustainable. Many processes in procurement are done using procurement software. Procurement Today. Contracting.

Procurement 130

Procurement supply chain budgeting Negotiation Contract 130

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Competitive bidding for €10k worth of one-time spend. Yes, there are expensive purchasing software suites out there which cost hundreds of thousands of dollars and are aimed at large, enterprise level organisations. Reductions in energy or material consumption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

ivalua

DECEMBER 5, 2019

This simply isn’t sustainable; as the collapse of Carillion last year showed , a relationship where suppliers are pitted against each other to reduce margins and lower their bids for unprofitable projects can have dire consequences. .

Innovation 221

Innovation Suppliers Procurement Collaboration 221

Una

NOVEMBER 29, 2023

This can include implementing a formal Supplier Relationship Management (SRM) program, sharing your strategy with key suppliers, collaborating on cost-saving initiatives, and ensuring a reliable and efficient supply chain. This may involve seeking out new suppliers, optimizing supplier portfolios, and conducting competitive bids.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

SCMDOJO

JULY 28, 2022

This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices. Traditionally, supplier information was collected and stored on paper, but today’s procurement software greatly facilitates this process. Then the Supplier registration form comes in handy.

Suppliers 110

Suppliers Bidding Purchasing Quality 110

Supply Chain Game Changer

SEPTEMBER 15, 2021

Subscribe to Supply Chain Game Changer. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Remember – even a minor mistake could wreak havoc with your supply chains and end up denting your revenues. Subscribe Here!

Inventory 92

Inventory Raw materials Management supply chain software solutions 92

Arkestro

JUNE 6, 2022

Not made baseless assumptions about how the software operated. Conducted better due diligence before settling on a particular solution. SolutionMap is designed to help procurement professionals save time on long, drawn-out software RFP processes. These were the only solutions for procurement practitioners at the time.

supply chain software solutions 52

supply chain software solutions Supplier negotiation Bidding Procurement 52

SCMDOJO

JULY 3, 2023

Read More: Top 10 Supply Chain Management Courses to Boost Your Career ] Accreditation and Industry Recognition Check to see if the training programme is acknowledged by the procurement sector or accredited by the relevant professional organizations. Total Cost of Ownership – Post-Covid Supply Chain Realities Lesson 5.

Cost of ownership 80

Cost of ownership Procurement Category management supply chain software solutions 80

Supply Chain Collaborator

NOVEMBER 6, 2018

Companies using enterprise supply chain logistics software save not just on logistics costs, but also on unnecessary headcount. In short, leveraging the power of cloud TMS solutions, transportation logistic departments can achieve much more efficiency and spend control and they can do it with fewer people. Here’s how!

Logistics 86

Logistics supply chain software solutions Supply Chain Efficiency Bidding 86

Arkestro

SEPTEMBER 13, 2023

Industry: Manufacturing Headquarters: Las Vegas, NV Website: westfalltechnik.com % savings in first event with incumbent supplier saved on commodity resins bid “I was apprehensive at first of trying predictive procurement.

Procurement 52

Procurement Supply Chain Efficiency Suppliers Supply Chain Optimization 52

Jaggaer

MARCH 18, 2020

The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing. He points to the 52% of Fortune 500 companies that have disappeared in the last 20 years and suggests that the suppliers you select with three bids and a buy might not be among the survivors. Proven Results.

Sourcing 59

Sourcing Data Bidding Supply Chain Efficiency 59

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software? Significance and Benefits of SRM Software.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

The Procuretech Podcast

MAY 3, 2022

Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? Alan explains that each of Keelvar's customers has great flexibility in how they want to design their bid sheet. Sign up for the Procurement Software Newsletter.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Bidding Sourcing supply chain software solutions 52

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. You’ll also notice that Procurement is often talked about as part of the Supply Chain. That sucks!

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

HICX

DECEMBER 15, 2022

He continues, “In our private lives, as consumers, we don’t use software tools that require five-hour training, nor do we read long manuals or hire consultants to do change management so that we can use Yelp. And I think that’s what we, as procurement professionals, are going to start demanding from our software providers.”.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52