IBM Supply Chain Blog
FEBRUARY 28, 2024
Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.
Procurement Tactics
AUGUST 23, 2022
Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . The contract management process involves contract request, authoring, negotiation, approval stages, execution, and signature.
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Procurement Tactics
JUNE 28, 2023
Negotiation Course Learn from industry experts who negotiated billion $ deals 2. These data and inputs are used for the creation of reports and insights that aid in identifying trends, and areas that need improving or support strategic decision-making. Menu Course Library 1.
Jaggaer
JULY 7, 2020
In 2019 the company decided to embark on a project to implement global dashboards for sourcing and contracting events. These should provide end users with visibility across their assigned scope. A Stronger Hand for The Next Negotiation. Building Robust Analytics Dashboards. adds Srestha Dutta.
Procurement Software
MARCH 5, 2024
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. Their platform also offers thorough spend intelligence, allowing for in-depth strategic sourcing.
Pipefy
FEBRUARY 13, 2023
Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions. Typically, the source-to-pay process is used to fulfill needs like finding new suppliers that offer lower prices, better terms, or goods/services not offered by current suppliers.
Empowering CPO
JULY 16, 2023
Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment. This is where managed procurement services come into the picture.
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