Remove Buyers Remove Collaboration Remove Order Fulfillment Remove Real-time Visibility
article thumbnail

The top capabilities of E-Procurement solutions

Spend Matters

I have seen top performers with catalog content that includes volume/promotional pricing, real-time price checks, multi-currency, multilingual and custom or specialty attributes for industry-specific inventory data, which were also embedded into shopping lists and more.

article thumbnail

Lead Time Definition – How to Calculate & Reduce it?

SCMDOJO

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

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. Focus on building collaborative relationships based on trust and transparency.

article thumbnail

Who Is The “ONE” Missing From The Deloitte Solution Map?

Procurement Insights

Here is the paragraph: “Back in 2002, Greg Brady , a supply chain visionary, and Ranjit Notani , a pioneer in multi-enterprise collaboration technology, came to the conclusion that the traditional paradigm of business-to-business collaboration built around enterprise-centric software was fundamentally flawed. ” 30

article thumbnail

The 10 Hottest German Procurement Startups

Procurement Software

At the same time, it also provides AI-powered management of contractual obligations and deliverables. Specific and sustainable supplier catalogues are included, allowing users to benefit from Hivebuy’s bulk buyer conditions. Their collaboration and management features give you standardised workflows.

article thumbnail

What is supply chain resiliency?

IBM Supply Chain Blog

Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision. The time has come to change the maniacal focus on efficiency for one that balances both efficiency and resilience. How to get started with supply chain resiliency . And this list is far from comprehensive.