Insights and strategies for effective sourcing, contract, supplier, and savings management in procurement
4 Ways To Improve Your RFP Process To Strengthen Your Business Improving how you manage Request for Proposals (RFPs) enables you to work more effectively with suppliers because you are better able to provide all the necessary details about a project for them to respond to. RFPs are more commonly used amongst larger organisations and public body institutions. However, this […]
What Managers Should Look for in an e-Procurement System Manual procurement processes, although reliable, are a costly, document-laden process. The time you spend on email or paper exchanges could be allocated to marketing and finding ways to become more competitive in a digital, tech-first business landscape. Among managers surveyed in Deloitte’s 2018 Global CPO Survey, 83 per cent […]
4 Reasons To Utilise E-Tendering In Your Business Businesses at present are gradually learning the benefits of using on an online procurement platform to speed up transactions and make business procedures more efficient. But before you rush into looking to integrate one with your own company, it would helpful to first determine if your business requires […]
How Supplier Management Solutions Can Help Your Business The growth and sustainability of any business is directly linked to the success of its supply chain. Building and managing one can be incredibly complex, mainly for procurement teams. This is especially true if you don’t know where to start expanding. It’s also possible that any spend reports generated don’t […]
How To Develop An Effective E-Procurement Approach If you’re running a business that handles multiple transactions a day concerning suppliers and clients, it’s essential to establish a practical procurement strategy. It will involve how you manage your products or services, carry out negotiations and store business documents. One convenient way to improve the flow of […]
Two Signs You Should Switch Over To A Cloud Based Procurement Software The prominence of cloud computing today has exceeded consumer expectations because more industries seek to leverage the technology to advance their operations. From the world of finance to the comfort of our own homes, the influence of “the cloud” is now ubiquitous because of its application […]