World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Direct procurement focuses on sourcing, negotiating, and managing the materials needed for production.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Procurement Software

JANUARY 23, 2024

At the same time, it also provides AI-powered management of contractual obligations and deliverables. Matchory Matchory is a German procurement startup offering a data-driven strategic sourcing solution. This collects supplier data from a range of sources, then applies machine learning and other technologies to analyse it.

Procurement 52

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