How to Optimize and How to Do eTendering If you’re in procurement, you may have heard the term ‘eTendering’ and might be wondering how to do eTendering, considering it’s been quite a buzzword. There are many...
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How to Measure eTenders and ROI If you’re using eTendering as part of your procurement software solutions, you’ve probably already noticed that there is a positive outcome between eTenders and ROI....
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What Is the eTendering Process? The eTendering process may sound like something complicated, but at its root, it refers to the process of managing tenders digitally. Before the internet, all procurement...
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How to Optimize Your eSourcing Award Strategy Sourcing is one of the most important foundations of procurement—if you’re not able to find the right suppliers you need and source goods from them, procurement...
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The Role of Reverse Auctions in Strategic Sourcing In the entire supply chain, you, as a company, want to be able to deliver a final product to a buyer. There are many different stops within that supply chain...
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How to Optimize Your eProcurement Software Platform If you work in procurement, you are likely already using software. Gone are the days of writing out purchase orders by hand, meeting all vendors and...
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There are many terms when it comes to all levels of procurement management, which is a smaller part of the overall supply chain. While procurement often is a blanketed term that refers to the entire process,...
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Objectives of Procurement Management The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting...
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