Remove e2e Remove Negotiation Remove Purchasing Remove Real-time Visibility
article thumbnail

Integrated Logistics — What You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

Logistics 207
article thumbnail

4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. This helps reduce errors to improve data quality and response times to questions, which improves customer and supplier satisfaction.

Sourcing 103
professionals

Sign Up for our Newsletter

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

article thumbnail

Supplier Order Management Software – Everything You Should Know

Procurement Tactics

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. This includes tasks such as creating purchase orders, managing inventory levels, tracking shipments, and reconciling invoices. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

article thumbnail

Inventory Management — Everything You Should Know

Procurement Tactics

Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require. Inventory management is a way for companies to figure out what and how much they should order, and when to do it. Preventing stock-outs is another crucial aspect of inventory management.

Inventory 187
article thumbnail

15 Best Purchasing Software Solutions for SMEs

Procurement Software

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. It gives you full visibility of your spend data, all in one place.

article thumbnail

The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

Some of the key capabilities and use cases for AI in procurement include: Automating repetitive and routine tasks : AI can take over low-value tasks like invoice processing, purchase order creation, expense report auditing, and other administrative workflows. Overall, AI delivers unprecedented visibility into suppliers.

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

Lavenir AI LavenirAI is a conversational AI-powered procurement negotiation training platform. Designed by procurement specialists, for procurement professionals, LavenirAI was developed to raise the bar for procurement negotiation. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.