Spend Matters

OCTOBER 26, 2023

To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative application of technology. Moreover, these vendors must have less than $10 million in revenue and our analysts must find them both sustainable and growing with a clear momentum.

Category management 92

Category management Procurement team Collaboration Bill of materials 92

Procurement Tactics

JUNE 7, 2023

For this article, we will discuss what supplier collaboration is. We will define what supplier collaboration is and the benefits you can gain from it. Additionally, we will show you some of the best software to use for supplier collaboration. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Bonfire

JANUARY 25, 2023

So you want to create a vendor diversity program. The results became the City’s guide when creating their vendor diversity program. Gather, store, and use your data One critical piece of any procurement department is a system to collect vendor diversity data. Where do you start?

Bidding 52

Bidding Eprocurement Leadership Data 52

Empowering CPO

JUNE 14, 2023

When performed adeptly, it can lead to optimal business outcomes, fostering solid relationships with suppliers, ensuring quality and timely delivery, and aligning costs with budget constraints. They research vendors, evaluate product and service quality, negotiate contracts, and manage supplier relationships, among other duties.

Negotiation 40

Negotiation Strategy Procurement Import 40

Empowering CPO

MAY 31, 2023

To maximize the value of those interactions, streamline operations, foster innovation, and drive mutual growth. There are several, but we’ll highlight a few: Cost Reduction: By fostering close relationships with suppliers, a company can often negotiate better terms and prices. The ultimate goal?

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Una

JANUARY 8, 2024

Think solving their problems, fulfilling their needs, and doing it in a way that makes your business stand out from the crowd. We can play a role in building a supply chain that reflects the positive workplace culture you want to foster within your organization. So, how can procurement help?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

Pipefy

JANUARY 31, 2024

In this article, we will examine the main ways businesses can leverage this technology in 2024, as well as discuss: What is no-code AI? This shift not only reduces reliance on highly specialized expertise but also fosters a more diverse and innovative approach to problem-solving.

Data 52

Data Innovation Import Management 52