Procurement Tactics

JULY 20, 2022

China Sourcing — The Ultimate Guide of 2022. China sourcing is popular with many professionals in the field of procurement. For this article, we will discuss what China Sourcing is. We will check how sourcing in China can be best for businesses. Also, we will share some tips when sourcing goods or services in China.

Sourcing 130

Sourcing Quality Price Suppliers 130

Spend Matters

FEBRUARY 26, 2024

This is the first in a three-part series that covers Fairmarkit’s sourcing offerings. Part of the ‘tail spend challenge’ relates how much effort it can take to understand it, acquire sufficient visibility and ‘data quality’ and address it with SxM and sourcing solutions. This content is for members only.

Market analysis 96

Market analysis Sourcing Spend management Purchasing 96

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. Here are just a few of the most frightening challenges keeping IT buyers awake at night. Similarly, IT buyers risk receiving little value for their huge spend due to a perceived lack of solutions and the high cost of enterprise tools. Proceed at your own risk.

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

Let's Talk Supply Chain

JANUARY 11, 2023

Today I’m joined by Nipendo , a forward-thinking software brand that is on a mission to improve how buyers and suppliers work together to combat Source-to-Pay inefficiencies and costs. 12.55] Buyers: their key challenges, how the Nipendo platform works for them, and the benefits it delivers. People stop doing tedious things!…

Buyers 52

Buyers Suppliers supply chain budgeting supply chain software solutions 52

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Buyers 130

Art of Procurement

NOVEMBER 1, 2022

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Intermodal Container Rental appeared first on Art of Procurement.

Buyers 52

Buyers Procurement Category management Contract 52

The Good Spending

FEBRUARY 21, 2022

The buyer's challenges with descriptive sales So, as the HBR article suggests, buyers are uncertain and stressed. Similarly, suppliers must bridge the gap by walking in the buyer's shoes and exercising prescriptive selling. My Udemy course "Adaptive Sourcing: Agile Procurement in Practice."

Buyers 52

Buyers Suppliers Sourcing Procurement 52

Spend Matters

SEPTEMBER 7, 2022

Project-based procurement is the norm in many industries, and sourcing activities require specific capabilities to collaborate internally and externally. This is why Requis focuses on capital project procurement digitization with many collaborative and crowdsourced features. Read more. ).

Sourcing 82

Sourcing Buyers Collaboration Procurement solutions 82

Art of Procurement

AUGUST 23, 2022

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Trade Show Displays appeared first on Art of Procurement.

Buyers 52

Buyers Procurement Category management Contract 52

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. Increased efforts for buyers to process 3 bids and a buy for low value requests. . Automated Buyer verification

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at sourcing optimization. What does a Sourcing Optimization solution do? Why buy a Sourcing Optimization solution Intended to yield optimal sourcing decisions in large/complex sourcing events (i.e.,

Sourcing 77

Sourcing Bidding Price Suppliers 77

Spend Matters

NOVEMBER 1, 2023

This Spend Matters Vendor Analysis provides an overview of CobbleStone Software and its sourcing, contract lifecycle management (CLM) and e-procurement solution. To potential buyers — CobbleStone is a user-friendly solution that also includes more advanced, AI-enabled features to compete against best-of-breed providers.

Procurement solutions 88

Procurement solutions Contract Sourcing Procurement 88

Spend Matters

FEBRUARY 8, 2023

Categories: Procurement Systems & Architecture , Sourcing Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of DeepStream and its solution for e-sourcing, which covers the entire Source-to-Contract (S2C) process. DeepStream was created to address these everyday pain points. Read more. )

Sourcing 64

Sourcing Buyers Procurement strategies Procurement 64

Spend Matters

AUGUST 28, 2023

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. This content is for members only. Visit the site and log in/register to read.

e2e 85

e2e Sourcing Real-time Visibility Procurement team 85

Procurement Insights

MARCH 19, 2023

. ” Besides providing in-depth and compelling industry stats regarding the predatory buying practices of the retail giant, the Vlasic Pickles story perfectly illustrates the consequences of unbalanced power in buyer-supplier relationships.

Buyers 41

Buyers Suppliers Inventory Sourcing 41

Spend Matters

APRIL 22, 2024

Penny is a cloud-based procurement solution that covers the procurement journey from purchase requisition to sourcing to payments. Customers can pick and choose from an array of modules (Purchase Requisition, E-Sourcing, Orders, GRN, Bills, Payments). This Vendor Analysis explores Penny’s platform, application and supporting services.

Procurement strategies 86

Procurement strategies Purchasing Procurement solutions Buyers 86

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions. What does a Direct Materials Sourcing solution do? See ‘ Sourcing Optimization ‘ for the sourcing of direct services such as complex logistics.

Sourcing 75

Sourcing Bidding Price Suppliers 75

Spend Matters

NOVEMBER 2, 2022

Categories: E-Sourcing , Procurement Systems & Architecture , Sourcing , Strategic Sourcing Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Globality and its services sourcing solution. B2B vendors that use a B2C model are learning to create a fair, ethical model for sourcing services.

Sourcing 78

Sourcing Strategic sourcing Strategic sourcing Ethics 78

Spend Matters

OCTOBER 26, 2022

Categories: Procurement Research , Sourcing , Supplier Management Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of MESH, a solution built for small to mid-sized US-based manufacturers that need to streamline their sourcing and quality engineering workflows. .

Sourcing 76

Sourcing Quality management Quality Buyers 76

Spend Matters

JANUARY 9, 2023

Categories: Procurement Systems & Architecture , Sourcing Tags: PRO In this Spend Matters PRO Vendor Analysis we give an overview of Jiga, a direct materials sourcing solution that specializes in centralizing and automating the sourcing activities of manufacturing-related spend. .

Sourcing 71

Sourcing Collaboration Buyers Suppliers 71

Spend Matters

JUNE 5, 2023

Categories: Procurement Systems & Architecture , Source to Pay Tags: PRO In this Spend Matters Vendor Analysis, we provide an overview of ebidtopay and its source-to-pay solution. The S2P process is complex and hard to track due to the number of systems, steps and departments involved.

Market analysis 79

Market analysis Sourcing Budget Buyers 79

Spend Matters

FEBRUARY 22, 2023

Categories: Cost Management , Procurement Strategy & Planning , Sourcing , Spend Analysis Tags: PRO In this Spend Matters PRO Vendor Analysis we give an update of LevaData, a solution built to support the sourcing process for direct materials.

Sourcing 79

Sourcing Supply Chain Optimization Procurement strategies Supply chain 79

Una

NOVEMBER 19, 2023

The Definition of a Sourcing Hero | Part Two Past guests from The Sourcing Hero podcast provide the definition of a sourcing hero and give examples of heroism in a business context. The definition of a sourcing hero At the close of every episode, Kelly traditionally asks each guest a question. We are all human.

Sourcing 52

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

Spend Matters

JULY 27, 2022

Categories: Sourcing , Supplier Information Management , supplier networks , Supplier Performance , Supplier Risk and Compliance Management , Suppliers Tags: PRO Direct materials management is a hot market for procurement solutions with few specialists on the market. and changed its name from Allocation Network to QAD Allocation.

Market analysis 86

Market analysis Sourcing Supplier relationship management Material management 86

Spend Matters

DECEMBER 14, 2022

To potential buyers — Olive’s solution has an affordable and flexible pricing model that, added to its focused approach to software sourcing, makes it appealing for customers who have recurring needs to select IT solutions for themselves or their customers.

Sourcing 72

Sourcing Collaboration Buyers Procurement 72

Spend Matters

APRIL 19, 2023

Categories: eProcurement / Procurement , Procurement Systems & Architecture , Sourcing Tags: PRO Public sector industries are certainly a different beast from their private sector cousins, and information technology is no exception. The public and government sectors’ practices, methods and procedures have specific characteristics.

Market analysis 65

Market analysis Sourcing Eprocurement Procurement 65

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130

Procurement Leaders

MARCH 26, 2024

By allowing suppliers to contribute directly to product/part design, the buying organisation can connect to diverse knowledge sources more effectively, as long as it retains control over the architecture and interface design.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Spend Matters

JULY 27, 2022

From the ability to have a material/BoM repository, to qualify and classify suppliers at a granular level, to run sourcing events with deep details on costs/cost drivers, to collaborate with suppliers on quality aspects, up to fostering cross-functional processes, the solution “speaks” to direct-material buyers. Read more. ).

Sourcing 75

Sourcing Material management Suppliers Buyers 75

Supply Chain Game Changer

DECEMBER 10, 2020

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. A good supplier translates to high-quality products, satisfied buyers, good feedback, and repeat sales. On the other hand, a bad supplier means low-quality products, dissatisfied buyers, negative feedback, and a bad reputation.

Sourcing 53

Sourcing Supply Chain Efficiency Quality Buyers 53

Procurement Heads

JULY 14, 2022

Kaleida, which was founded by Jason Roberts in 2019, connects buyers to diverse suppliers and helps procurement functions achieve their Environmental, Social and Governance (ESG) goals while alerting supplier companies to new revenue opportunities. Kaleida’s fully inclusive platform is a golden source of data.

Procurement 246

Procurement Leadership Buyers Suppliers 246

Arkestro

NOVEMBER 21, 2023

As they strive to make their supply chains more resilient, global companies are grappling with two challenges: the difficulty in discerning potential sources and the extended time required to find, vet, and onboard new suppliers. They are also employing AI tools to pre-qualify suppliers ahead of time.

Supply chain 98

Supply chain Buyers Supply Suppliers 98

Spend Matters

FEBRUARY 7, 2024

Here’s why Mercanis matters: To the market — Mercanis offers a highly configurable source-to-contract (S2C) suite, providing organizations with the ability to centralize and digitalize their procurement processes. This Vendor Analysis provides an overview of Mercanis, a look at the competitive landscape, selection tips and an analyst summary.

Sourcing 84

Sourcing Buyers Contract Suppliers 84

The Procuretech Podcast

MARCH 25, 2020

TenderTool is a freight sourcing platform with a difference. Pieter claims that both buyers and freight forwarders alike see the benefits of using such a tool. 5:04 Why is sourcing transportation different from regular e-tenders for other categories? TenderTool is a freight sourcing platform with a difference.

Sourcing 40

Sourcing Buyers Data Procurement 40

ivalua

JUNE 27, 2022

Far more than “1+1=2”, it’s a combination of the best Source-to-Pay solution with the market leading dynamic discounting environment, joint customers will be able to capture higher yields from their early payment programs turning them into a strategic revenue stream that grows the bottom-line via the C2FO marketplace. . The result?

e2e 130

e2e Buyers Suppliers Supply chain 130

Procurement Leaders

JUNE 20, 2023

The maturity of individual categories can also be a function of buyer capabilities and stakeholders’ appreciation of procurement’s value. Even if a category is gifted by the most forward-thinking buyer at the tiller, if the business ignores their skill and avoids the process, then progress is unlikely to be made.

Procurement team 147

Procurement team Procurement Influencing Buyers 147

CPO Rising

FEBRUARY 23, 2024

For more than a decade, Ardent Partners’ senior analyst team has gathered in Boston for a multi-day company strategy and planning meeting. The team dedicates itself to reviewing the prior year’s research and main findings.

Buyers 52

Buyers Supply market Strategy Procurement 52