Remove Buyers Remove e2e Remove Price Remove Supply Chain Visibility
article thumbnail

Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue. Predictive Procurement Supports Supply Chain Resilience and Visibility.

article thumbnail

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

In areas such as E-Commerce the Supply Chain is instrumental in arranging delivery strategies such as Same-Day delivery and Drop Shipping, along with reducing freight costs to support Free Shipping services. End to End Supply Chain Visibility and the Internet of Things (IoT).

professionals

Sign Up for our Newsletter

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

article thumbnail

What is Contract Lifecycle Management (CLM)?

ivalua

Contract lifecycle management is the management of a company’s end-to-end contracting process with its suppliers, customers and other third parties. If you think about it, a contract is the only document that formalizes a relationship between a buyer and a supplier. An Overview of Contract Lifecycle Management.

Contract 130
article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

It promises to assist with improving buyer and supplier collaboration. Ravacan automates the purchased parts procurement process by consolidating part demands, providing automatic price updates, and visualising product cost changes. Additionally, analytics features grant you deeper visibility into your supply chain.

article thumbnail

Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

It enables: Building stronger relationships with your key suppliers Competitive bidding, which optimises cost Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability Performing the appropriate pre-qualification of suppliers. Improvements to end-to-end supply chain efficiency.

article thumbnail

Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability. Improvements to end-to-end supply chain efficiency. Integration with external, third party data for variables such as commodity pricing, ESG scores, credit checks, financial health and so on.