The Thomas Blog

NOVEMBER 9, 2022

In this article we're here to show you how to make the most of Thomasnet.com's features by covering the basics of finding and sourcing from the 6,200+ veteran-owned companies on our platform. Veteran-owned is a special designation for certain businesses that are 51% owned, controlled, and operated by a veteran.

Suppliers 98

Suppliers Sourcing Buyers Supply chain 98

Procurement Express

DECEMBER 23, 2022

We improved the RFQ PDF with a few modifications. We have one more bug release coming up before we start building all those magical features that will really make our customers’ lives easier. That has been resolved. Updates were made to the approved invoice report. We made some improvements to the holiday mode setting.

Budget 52

Budget Export Quantity Influencing 52

Pipefy

JANUARY 4, 2023

That’s because sourcing is really a kind of meta process composed of subprocesses such as requests for information (RFI), requests for proposal (RFP), and requests for quotation (RFQ). Related processes such as requests for proposals (RFP) and requests for quotations (RFQ) can also benefit from automation. Approval processes.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Procurement Software

JULY 18, 2023

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs. A feature of the software is its configurability based on actual customer requirements.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

The Procuretech Podcast

NOVEMBER 30, 2021

They've grown a feature rich e-sourcing tool that is offered as a simple, pay monthly software but also comes with many different additional modules to complement the core RFx / e-auction software on offer. A tool that's easy to use and affordable, but also very versatile in terms of what it can do and the add-ons that go with it.

Sourcing 40

Sourcing Contract Price Suppliers 40

The Procuretech Podcast

SEPTEMBER 14, 2021

Fabian explained that a sourcing tool for services wasn't enough, and that some features from an SRM or contract lifecycle system were necessary to ensure that it was a rounded platform to satisfy the needs further downstream. Stakeholders and local buyers then just continue doing whatever they've always done!

Management 52

Management Procurement team Contract Purchasing 52

Jaggaer

OCTOBER 31, 2018

Features such as chatbots and smart contracts are seeking to make procurement processes more intelligent by creating better and more meaningful connections between people, processes, systems, data and context. With this new feature, users can speed up processes that used to take days to complete in the past.

Procurement 40

Procurement Eprocurement Contract Data 40

Procurement Software

MARCH 5, 2024

Key features include supply chain mapping, risk dashboards, mitigation workflows, and regulatory reporting. Requis’s features cover e-tendering, circular economy and supplier management, as well as a tender CRM for suppliers. Additionally, analytics features grant you deeper visibility into your supply chain.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Pipefy

JANUARY 5, 2023

This is a feature known as “ stack extensibility. ”. Procurement teams access features and modify their forms, workflows, and processes using a visual interface, which dispenses with the inconvenience of sending every change request to IT. Digital procurement tools: features and benefits. RFI, RFP, RFQ. Purchase orders.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Supply Chain Game Changer

JUNE 23, 2021

Featuring Our 12 Best Procurement Articles! The practice of formal RFP/RFQ/Tenderis a very crucial step towards achieving desirable outcomes and maximizing the Returns on Investment. Power RFP’s In-Project Messenger feature will help keep all project communication clear and on topic. Subscribe Here! Email Address.

Competitive bidding 72

Competitive bidding Bidding supply chain software solutions Supply Chain Optimization 72

Pipefy

MARCH 6, 2023

If it’s software, then the specifications will need to define capabilities, features, and integrations. 7 – Issue RFQ Suppliers who meet the initial requirements will be invited to submit a quote. Learn more about RFQ s. Other services will have requirements of their own.

Procurement 59

Procurement Procurement team Purchase orders Vendor relationships 59

Procurement Software

FEBRUARY 20, 2024

There is also an evaluation matrix feature. Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy.

Supply Chain Efficiency 59

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

The Procuretech Podcast

MARCH 8, 2022

Otherwise, the potential is that a company misses out on ongoing feedback during a design process or project ideation if they are only contacting suppliers once the design and features are a done deal. Procurement often expects a clear specification to be able to go to market with an RFP or RFQ.

Innovation 52

Innovation Suppliers Procurement supply chain software solutions 52

Procurement Software

APRIL 4, 2023

The requirements are written into a request for quotation (RFQ), if the goods or services are above a certain value. H3) Let’s look at four key features that are present in systems which prioritise UX. It should offer an uncluttered screen with fewer features and require minimal input to find the information required.

Procurement 59

Procurement e2e Purchase orders Buyers 59

Una

SEPTEMBER 22, 2022

Begin RFI, RFQ, or RFP Process. Depending on the complexity of your IT procurement process, you may wish to issue a request for information (RFI), request for quote (RFQ), or request for proposal (RFP) to your shortlisted suppliers. Negotiate & Award Contract.

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

SCMDOJO

APRIL 3, 2022

Cimmra is an easy to use e-Procurement platform designed to run your eAuctions with simple workflow, quicker cycle time and several time and effort saving features. RFI Vs RFP Vs RFQ – What are The Key Differences? These reductions are substantiated by eAuctions software providers Cimmra. Introduction to Category Management.

Supply Chain Efficiency 138

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 138

Procurement Software

MARCH 7, 2023

Depending on the complexity and features of the tool, S2P technology can either be a simple operational sourcing requirement such as an RFQ (request for quote) module, or a more complex strategic sourcing module. The sourcing step in the S2P procurement process can focus on the more strategic procurement side of things.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Market Dojo

DECEMBER 14, 2017

We are really excited about the value these features will bring for our joint customers. Checking on the current winning bid in your RFQ through tools such as Amazon Alexa. How it works. Providing this ability in a secure manner required us to add a couple of new capabilities. Single Sign On. Learn more.

Bidding 40

Bidding Data Sourcing Negotiation 40

Jaggaer

NOVEMBER 18, 2019

After many years’ experience with these sorts of issues we decided to adopt the agile approach to delivering procurement applications such as SRM, Supplier Scorecard and RFQ. These additional features and requirements are prioritized and then delivered, to use the agile jargon, in a series of “sprints”.

Procurement 40

Procurement Budget Contract Project management 40

Procurement Software

DECEMBER 5, 2022

Depending on the complexity and features of the tool, S2P technology can either be a simple operational sourcing requirement such as an RFQ (request for quote) module, or a more complex strategic sourcing module. The sourcing step in the S2P procurement process can focus on the more strategic procurement side of things.

Sourcing 52

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

Procurement Software

APRIL 25, 2023

He’s a friend of the site, who’s also featured on an episode of The Procuretech Podcast. Considering that there’s a clear process flow in procurement (From RFI, RFI, RFQ and RFPs, to PO generation) why should anyone buy numerous software solutions to automate their workflow?

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

The Procuretech Podcast

OCTOBER 3, 2022

If I have to use a separate platform to do RFQ procurement and standard spend analytics, then use my ERP to create my purchase orders and track my shipments, then somebody else has got to give me visibility. These modular platforms might come with a handful of features, but if you only want to use two of them, why pay for the whole shebang?

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Claritum

NOVEMBER 15, 2016

As a result, Accolent ERP users will be able to shorten their RFQ cycles to get the best possible pricing and monitor their vendors’ performance.”. Accolent ERP delivers the full suite of business functionality required by wholesale distributors.

Inventory control 32

Inventory control Spend management Inventory Sourcing 32

Pipefy

JANUARY 11, 2023

RFI, RFP, and RFQ processes. Features such as forms and portals simplify the collection of data and information, while rules and conditionals prevent missing or incomplete information and automate approval flows. This applies to any process involving the vendor, including the. Purchasing process. Procure-to-pay (P2P) process.

Vendor relationships 59

Vendor relationships Management Procurement team Vendor management 59

Supply Chain Game Changer

MARCH 6, 2019

She soon selected the Prius as her car of choice for its environmentally friendly features. Have you sent out an RFI, RFP or RFQ lately? Days and years went by, and eventually, the ’93 Ford Escort was living in the hybrid-dominated world of the year 2004. My mom didn’t really choose to get a new car. Request for Solution (RFS).

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Planergy

AUGUST 8, 2023

They include: Open tendering Single-source procurement Two-stage tendering Restricted tendering Request for proposal (RFP) Request for quotation (RFQ) Your procurement team will determine which method to source goods and services based on what you need, when you need it, your budget, and other factors. Suppliers then submit their best offer.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52