World of Procurement blog

MAY 8, 2024

Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. Order Fulfillment Once a contract is signed, the supplier begins delivering goods or services as per the agreement. Setting the right KPIs ensures priorities are clear for the team.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

HICX

DECEMBER 15, 2022

After gaining experience, David went on to establish his own business, Procurated , which connects public sector buyers with peer-reviewed suppliers. And yet, the process allowed this company to be picked because it didn’t provide visibility to the procurement people about that supplier’s poor track record in the past.” .

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Lastly, traditional models often overlook the strategic potential of procurement.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

Contract management 52

Contract management Contract e2e Management 52

SCMDOJO

AUGUST 21, 2023

This extensive reach provides businesses with the opportunity to connect with various demographics and target markets, enabling them to broaden their brand’s visibility and potential customer base significantly. > Watch Now: Too Late for Change Management? > > Watch Now: 6 Characteristics to be a Good Buyer! >

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

Procurement Software

MAY 16, 2023

Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96