Bonfire

MARCH 24, 2022

Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. The very last project I worked on really opened my eyes to the promise of eProcurement. Driving impact with eProcurement. Reflecting on the journey. That’s right, I was on the vendor side!

Eprocurement 52

Eprocurement Competitive bidding Procurement team Procurement 52

Zycus Cognitive Procurement

JANUARY 16, 2023

Beyond the poor experience that a business user (requisitioner) faces, the Category manager or the Buyer in the procurement core team also face multiple challenges like: . Increased efforts for buyers to process 3 bids and a buy for low value requests. . Automated Buyer verification . Lack of pricing compliance .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

ivalua

MAY 21, 2020

Procurement teams were just buyers who delivered what other departments told them to buy. We have tremendous insight into every part of the procurement process and all of the players involved, especially now with the help of eProcurement platforms like Ivalua. Today, procurement leaders have a seat at the table in e-staff meetings.

Leadership 130

Leadership Eprocurement supply chain software solutions Supply Chain Efficiency 130

Claritum

JULY 22, 2019

The funding will be used for a strategic study focused on using partnerships and innovative funding models to drive the rapid adoption of the Marketplace by buyers and suppliers. Claritum’s eProcurement solution streamlines the procurement process. Twice ranked as the Global No.

Eprocurement 36

Eprocurement Innovation Buyers Collaboration 36

Claritum

JANUARY 25, 2019

Supply Chain eProcurement technology adoption poses a great many challenges for small to medium sized companies. See our article on eProcurement adoption for more details on this. What are the key drivers for SME adoption of Supply Chain Management eProcurement platforms? 2 What are the key drivers?

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

ivalua

OCTOBER 29, 2019

Embarking on an eProcurement implementation can result in more efficient government, improved compliance and increased transparency. Users need to have a say in how the eProcurement system will meet the agency’s current needs and how it will evolve to stay effective in the future. User Acceptance Testing.

Eprocurement 100

Eprocurement Risk Influencing Change management 100

Claritum

MAY 11, 2020

A Buyer/Seller Ecosystem. This article explores the use of technology to provide a platform for Buyers and Sellers to interact during a major disruption resulting in the absence of face to face or event-based exploration of partnerships. Buyers able to buy and sellers able to sell. 3 A Buyer/Seller Ecosystem.

Buyers 41

Buyers Suppliers Collaboration Procurement 41

Claritum

FEBRUARY 4, 2020

In this article we look at what we think are the 5 most important steps towards effective eProcurement. Buyers, suppliers and. How can you achieve procurement best practice in your organization? Image of the 5 Steps to best practice Visibility, Control, Efficiencies, Savings and Creating value. Read the article at claritum.com.

Real-time Visibility 41

Real-time Visibility Procurement Supply Chain Efficiency Spend management 41

Supply Chain Game Changer

JANUARY 21, 2020

See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized). eSourcing is the discipline of all activities leading up to the eProcurement cycle. Source: CIPS. Also, Supplier Management isn’t truly under the umbrella of eSourcing despite the common belief. But, is it?

Procurement 87

Procurement Supplier relationship management Eprocurement Suppliers 87

Empowering CPO

JUNE 14, 2023

They can also create adversarial relationships between buyers and suppliers, as they often involve tough negotiations and a focus on short-term gains rather than long-term collaboration. Moreover, traditional procurement models can be slow and bureaucratic, lacking the flexibility to adapt to changing business needs and market conditions.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Claritum

OCTOBER 3, 2019

Many buyers are unaware of the potential to provide products, materials or services with greater efficiency, lower cost or better quality,” said Prof. Claritum’s eProcurement solution streamlines the procurement process. Richard Hillum, Executive Chairman at Claritum.

Procurement 32

Procurement Eprocurement Innovation Quality 32

Claritum

OCTOBER 3, 2019

Many buyers are unaware of the potential to provide products, materials or services with greater efficiency, lower cost or better quality,” said Prof. Claritum’s eProcurement solution streamlines the procurement process. Richard Hillum, Executive Chairman at Claritum.

Procurement 32

Procurement Eprocurement Innovation Quality 32

Jaggaer

OCTOBER 8, 2019

Our survey shows that most procurement teams are there already with many applications: SRM, eSourcing, and eProcurement are in place. Use procurement technology to streamline and improve core processes. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.)

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

ivalua

SEPTEMBER 2, 2019

Buyers must have appropriate plans in place to ensure that the activities outsourced can feasibly be moved to another provider or brought back into the core business if necessary, including in situations where time is short. . Risks, from third-party arrangements must be identified, assessed, monitored and reported.

Procurement 140

Procurement Contract Risk Suppliers 140

Supply Chain Game Changer

MAY 8, 2019

See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized). eSourcing is the discipline of all activities leading up to the eProcurement cycle. Source: CIPS. Also, Supplier Management isn’t truly under the umbrella of eSourcing despite the common belief. But, is it?

Procurement 50

Procurement Supplier relationship management Eprocurement Suppliers 50

ivalua

OCTOBER 1, 2019

Putting our three imperatives together, it is clear that innovative, collaborative and fast-moving projects involving buyers and suppliers will be the norm, yet these activities will also need to be effective , which means controlled, disciplined and recorded. That’s another area in which technology will assist. .

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Procurement Innovation Supply Chain Efficiency 100

ivalua

MAY 15, 2019

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer. Machine reading comprehension technologies enable us to do this automatically and much faster.

Contract 150

Contract Data Management Contract management 150

ivalua

MAY 15, 2019

The task of manually doing this or even using some basic automation would require weeks or months of human work to check each contract to ensure the right language is included given the context of the contract, the supplier and the buyer. Machine reading comprehension technologies enable us to do this automatically and much faster.

Contract 147

Contract Data Contract management Risk 147

Procurement Insights

OCTOBER 20, 2023

“With Integrated Search, Amazon Business can offer all our business customers a completely integrated search experience within any eProcurement system, with no punchout required.” In fact it was because of this disconnect between application functionality and buyer requirement that change management initiatives were introduced.

Real-time Visibility 69

Real-time Visibility Buyers Eprocurement Procurement 69

Claritum

NOVEMBER 23, 2017

As all correspondence between buyer and seller is conducted via email, details such as specification, delivery details, price, contract terms and approvals are buried within an employees email account. We were recently challenged by a buyer who believed that email was quicker than using a cloud based procurement platform such as Claritum.

Real-time Visibility 32

Real-time Visibility Procurement Buyers Negotiation 32

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Jaggaer

APRIL 8, 2019

Maverick buyers are unlikely to use preferred suppliers , and as a result, the goods and services they receive simply won’t match the timeliness, quality, price, efficiency, or customer support that you’d expect from a preferred supplier.

Contract 66

Contract Purchasing Suppliers Quality 66

Claritum

FEBRUARY 24, 2020

Creating a multi-buyer sourcing event. Considerations when selecting an eProcurement solution for Indirect Spend. Use of RFQs and Contractual terms that are designed to optimise supply performance against the project objectives. 8 Associated articles. Struggling with bespoke purchases? Read more about Claritum's capability.

Procurement 41

Procurement Purchasing Suppliers Sourcing 41

Claritum

OCTOBER 3, 2017

Claritum automates sourcing, procurement and invoicing in one, easy-to-use, cloud based platform while enabling business users, customers, procurement experts, buyers and suppliers to collaborate globally and in real time. Optimizing Spend Visibility, Control, Cost Savings and process Efficiencies.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

Jaggaer

FEBRUARY 11, 2020

Buyers will be freed up to identify new opportunities, reexamine category strategies, and redesign both their products and their supply chains. . It can be put into a new situation or given a new task, and execute successfully. So what does this all mean for employees?

Procurement 80

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 80

Jaggaer

OCTOBER 20, 2020

They are great for suppliers, who get faster payments, and great for buyers as it reduces the number of inbound invoices, thus relieving accounts payable departments of a lot of manual effort. Moreover, p-cards do not provide the visibility over spend and transparency that you get using eProcurement software. Adapt and Overcome.

Eprocurement 52

Eprocurement Buyers Purchase orders Purchasing 52

Claritum

OCTOBER 12, 2018

For example in the Retail Sector, The Category Manager is moving to be an “In-store expert” in the visual merchandising, pricing, management, and sales of a certain group or type of products and not just a buyer. See our article on eProcurement Adoption. Not all eProcurement solutions supports this way of operating.

Procurement 47

Procurement Eprocurement Category management Purchasing 47

Procurement Insights

OCTOBER 26, 2023

Maverick spend was not the result of obstinate buyers refusing to use the “new system.” The problem was that the expected “sustainable” savings to justify the investment never materialized because buyers knew they could usually get a better deal from a trusted, non-contracted supplier.

Change management 61

Change management Management Contract Buyers 61

Pipefy

MAY 9, 2023

Buyers that don’t use enough suppliers make themselves vulnerable to dependency on one for certain goods or services. Criteria to consider when deciding the right headcount are workload size, sector size (the public sector is typically far larger than that of the private sector), and the capabilities of your eProcurement tool or BPM software.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

JANUARY 31, 2023

Bid award Also known as a contract award, this is the final phase of the bidding process, in which the buyer chooses a winning bidder and enters into a contract with their organization. Contract A legally binding agreement between a buyer and a seller. In the supply chain process, a PO is issued to a supplier by a buyer ordering goods.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 52

Claritum

SEPTEMBER 1, 2020

The importance of Buyer Portals. Fundamentally it is because there is no Buyer Portal. This is what a Buyer Portal provides – it is the user-friendly way of presenting a buying process. This is what a Buyer Portal provides – it is the user-friendly way of presenting a buying process. Not all buyer portals deliver.

Eprocurement 32

Eprocurement Buyers Purchasing Purchase orders 32

Claritum

JANUARY 4, 2019

Multiple buyers can access a single project to bring their expertise into the buying of specific items – creating a Multi-buyer souring event (Note: this may not be supported by all solutions on the market.). eProcurement. eProcurement is the software based automation of procurement processes. What is SaaS ? Case Studies.

Eprocurement 36

Eprocurement Procurement Purchasing Collaboration 36

Bonfire

MARCH 29, 2022

eProcurement is appealing because it can help agencies move the needle on strategic goals, including project efficiency, stakeholder collaboration, and vendor engagement. The end goal is to drive purchase prices down for the buyer. What strategies are crown corporations using to deal with the current price uncertainty in the market?

Procurement 52

Procurement Real-time Visibility Eprocurement Bidding 52

Procurement Software

JUNE 13, 2023

It serves the needs of purchasing managers, procurement professionals and senior buyers. It takes care of the full eProcurement lifecycle. It’s designed for both buyers and suppliers, offering tools for everybody in the supply chain ecosystem. It enables users to allocate, manage and monitor budgets.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Claritum

MAY 12, 2019

Interaction with systems (for example assisting buyers with Augmented information). For example, your mobile device providing graphical information on an object that you point the device towards. How people buy. Goods receiving. Supply Chain. Visualisation. Effectively how information is presented, relevant to the user need.

Procurement 36

Procurement supply chain software solutions Supply Chain Efficiency Risk management 36

Claritum

MAY 20, 2019

Buyers should be able to track orders more effectively and an automated system should also enable records of orders to be kept. White paper download: 7 ways to transform eProcurement adoption. Purchasers, Buyers and suppliers collaborate in the cloud achieving better spend visibility and control, cost savings and efficiencies.

Procurement 32

Procurement Real-time Visibility Eprocurement Bidding 32

Procurement Software

FEBRUARY 20, 2024

Weproc Weproc is a small French company offering a SaaS eProcurement software with a focus on purchasing and spend management. The platform offers trusted collaboration between buyers and vendors, based on a fully transparent, real time single source of truth. The platform is especially suited for SMEs.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59