article thumbnail

Contract Management Process — Everything You Should Know

Procurement Tactics

Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. What is Contract Management?

article thumbnail

The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

For the short-term, a shift to local production alleviated reliance on Asian suppliers and helped mitigate risk, but a longer-term solution will require identifying opportunities to optimize costs, find alternative suppliers and enhance supply chain visibility. Enter eProcurement.

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 Supply Chain Management? A Guide to Success

SCMDOJO

This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement. Let’s explore some key strategies for optimizing supply chain management. Lean Principles: Implementing lean principles helps eliminate waste, improve efficiency, and reduce costs.

article thumbnail

The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility.

article thumbnail

What is Contract Lifecycle Management (CLM)?

ivalua

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.

Contract 130
article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

The Execution and Collaboration modules give you the ability to track tasks and approvals individually, bringing you closer to project completion. The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use.