This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
If you’re planning a transition to eProcurement, you’ve likely come up against the question “who should pay for this?” With so many competing priorities and budgetary constraints, when does it make sense to go with a vendor-paid eProcurement model? What is vendor-paid eProcurement? And for good reason. powered by Sounder.
Embarking on an eProcurement implementation can result in more efficient government, improved compliance and increased transparency. This may include posters with project progress, presentations, and the mobilization of internal influencers. So where do you start and what should you know before you start? Change Management.
These players administer public contracts, establish procurement regulations, and influence the procurement environment. Understanding these changes, as well as the responsibilities of contracting bodies, can help suppliers compete in public procurement.
Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement’s value became evident, as did the importance of the supplier relationships they had built.
Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Disrupted supply chains had many retailers looking for alternative local suppliers for equipment, materials, supplies, and more. . Rethink What’s Normal. Attack GNFR Spend.
Welcome to the new age of Procurement where we are ideally positioned to influence not only cost control measures but also to embrace top line growth ambitions and to drive innovation, powered by digitization. We won’t force you to choose either supplier management, or source to contract, or procure to pay. Sounds great doesn’t it?
Global automotive component supplier Meritor is a great example. They configured a unique approach to new product introductions (NPI), digitizing their engagement with suppliers, resulting in bringing more products to market faster and with greater profitability, multiplying their stock price over the period.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content