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New Year Insights for the procurement solutions and services marketplace 2024: Fairmarkit

Spend Matters

We’re working with customers on GenAI event creation, sourcing of upcoming renewals, policy adherence, autonomous negotiations, contract renewals, RFP scoring and supplier engagement. We started getting hearing from companies of all sizes that wanted to explore using our Autonomous Sourcing for all types of spend.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times.

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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

By joining a group purchasing organization, businesses can often save money on their purchases, streamline their procurement processes, and access a wider range of goods and services. Group purchasing can be used in conjunction with other procurement strategies , like strategic sourcing, for example.

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The Key Benefits of Outsourcing to Managed Procurement Services

Empowering CPO

But in today’s complex business environment, procurement services have evolved beyond these basic functions. They now encompass a wide range of activities including supplier selection and negotiation, contract management, risk assessment, spend analysis, and strategic sourcing, to name just a few.

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What to Look for in a Managed Procurement Services Provider

Empowering CPO

Expertise in procurement is not just about understanding the process. It’s about being able to navigate the complex landscape of global sourcing, regulatory compliance, risk management, and more. Our expertise is reflected not just in our comprehensive suite of services, but also in our innovative approach to procurement.