E-procurement

The City of Frankenmuth Joins the MITN Purchasing Group

Retrieved on: 
Tuesday, June 4, 2019
Supply chain management, Procurement, Business, Systems engineering, E-commerce, Frankenmuth, Michigan, E-procurement, Purchasing, Request for proposal

FRANKENMUTH, Mich., June 4, 2019 /PRNewswire-PRWeb/ -- The City of Frankenmuth has officially joined the MITN Purchasing Group, one of BidNet's regional e-procurement solutions, providing vendors throughout Michigan easy online access its upcoming solicitations.

Key Points: 
  • FRANKENMUTH, Mich., June 4, 2019 /PRNewswire-PRWeb/ -- The City of Frankenmuth has officially joined the MITN Purchasing Group, one of BidNet's regional e-procurement solutions, providing vendors throughout Michigan easy online access its upcoming solicitations.
  • On the MITN Purchasing Group, vendors seeking business with over 200 participating agencies can register online to gain access to a single point of entry for opportunities throughout Michigan.
  • By posting upcoming bids and RFPs on the MITN Purchasing Group, the City of Frankenmuth ensures an entire community of vendors can view their solicitation, download documents, and receive notification of addenda.
  • About the MITN Purchasing Group:
    The MITN Purchasing Group is a part of BidNet's regional purchasing groups available at no cost to local government agencies throughout the country.

Top Procurement Strategies Adopted by Best-in-class Companies to Improve Supply Management | Download SpendEdge’s Free Resource to Find Out

Retrieved on: 
Monday, May 27, 2019
Supply chain management, Transport, Logistics, Supply chain management, Retail, Procurement, Supply management, E-procurement, Supply-chain management

SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their free downloadable article on the top procurement strategies to improve supply management .

Key Points: 
  • SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their free downloadable article on the top procurement strategies to improve supply management .
  • The article offers a comprehensive overview of the procurement strategies adopted by leading companies to improve the supply management process.
  • View the full release here: https://www.businesswire.com/news/home/20190527005214/en/
    Top procurement strategies to improve supply management.
  • With top companies redefining their customer expectations, it has become imperative for businesses to improve their supply management capabilities and overcome cross functional silos.

GEP Wins Best Procurement Technology Award At World Procurement Awards, Latest Milestone On Climb To Industry Leadership

Retrieved on: 
Thursday, May 23, 2019
Supply chain management, Procurement, Business, GEP Worldwide, GEP, E-procurement, Indirect procurement

The World Procurement Awards, hosted by Procurement Leaders in London, is an annual event that brings together more than 1,000 senior procurement executives from across the world to mark and celebrate excellence in procurement.

Key Points: 
  • The World Procurement Awards, hosted by Procurement Leaders in London, is an annual event that brings together more than 1,000 senior procurement executives from across the world to mark and celebrate excellence in procurement.
  • GEP is frequently recognized by top industry leaders and analysts for its cloud-native procurement and supply chain software.
  • GEP is also ranked leader in managed procurement services (procurement outsourcing) by Everest Group, NelsonHall, IDC, ISG, HfS, SIG and IAOP.
  • For more about SMART by GEP, our cloud-native, unified source-to-pay platform for direct and indirect procurement, please visit www.smartbygep.com .

GEP Wins Best Procurement Technology Award At World Procurement Awards, Latest Milestone On Climb To Industry Leadership

Retrieved on: 
Thursday, May 23, 2019
Supply chain management, Procurement, Business, GEP Worldwide, GEP, E-procurement, Indirect procurement

The World Procurement Awards, hosted by Procurement Leaders in London, is an annual event that brings together more than 1,000 senior procurement executives from across the world to mark and celebrate excellence in procurement.

Key Points: 
  • The World Procurement Awards, hosted by Procurement Leaders in London, is an annual event that brings together more than 1,000 senior procurement executives from across the world to mark and celebrate excellence in procurement.
  • GEP is frequently recognized by top industry leaders and analysts for its cloud-native procurement and supply chain software.
  • GEP is also ranked leader in managed procurement services (procurement outsourcing) by Everest Group, NelsonHall, IDC, ISG, HfS, SIG and IAOP.
  • For more about SMART by GEP, our cloud-native, unified source-to-pay platform for direct and indirect procurement, please visit www.smartbygep.com .

Scoutbee Receives Global Commendation for Its Smarter Supplier Discovery Suite

Retrieved on: 
Tuesday, May 21, 2019
Procurement, Business, Management, Strategic sourcing, E-procurement, Emptoris, Zycus

WURZBURG, Germany and WASHINGTON, May 21, 2019 /PRNewswire/ -- scoutbee , a strategic sourcing technology innovator that offers a smarter supplier discovery suite, announces it has received global recognition at the World Procurement Awards by procurement leaders as highly commended in the procurement technology category.

Key Points: 
  • WURZBURG, Germany and WASHINGTON, May 21, 2019 /PRNewswire/ -- scoutbee , a strategic sourcing technology innovator that offers a smarter supplier discovery suite, announces it has received global recognition at the World Procurement Awards by procurement leaders as highly commended in the procurement technology category.
  • scoutbee was recognized with a "Highly Commended Procurement Technology Award" amongst 12 other nominees in this category.
  • "We are honored to be recognized at the World Procurement Awards for the value our smarter supplier discovery suite, powered by artificial intelligence (AI), brings to procurement professionals globally, said Gregor Sthler, managing director of scoutbee.
  • scoutbee's AI-powered supplier discovery suite helps procurement leaders see deep supplier insights to make more confident buying decisions.With scoutbee, purchasers face less tedious, manual work to fulfill strategic sourcing projects and scout suppliers globally.

Global $4.11 Bn Procurement Analytics Market Forecast to 2023 - Advent of ML and AI in the Procurement Process & Growing Demand for Cloud-Based Analytical Solutions

Retrieved on: 
Friday, May 17, 2019
Economy, Procurement, Business, Articles, Business intelligence, Analytics, Big data, E-procurement

The global procurement analytics market size is expected to grow from USD 1,626.7 million in 2018 to USD 4,111.4 million by 2023, at a Compound Annual Growth Rate (CAGR) of 20.4% from 2018 to 2023.

Key Points: 
  • The global procurement analytics market size is expected to grow from USD 1,626.7 million in 2018 to USD 4,111.4 million by 2023, at a Compound Annual Growth Rate (CAGR) of 20.4% from 2018 to 2023.
  • The market growth can be attributed to the increasing awareness of procurement solutions and rising investments in procurement analytics solutions by global organizations operating across verticals.
  • The procurement analytics solutions rely on predictive methodologies to solve the complex business problems involved in procurement.
  • Procurement analytics solutions and services help enterprises in various application areas, which include supply chain analytics, risk analytics, spend analytics, demand forecasting, contract management, and vendor management.

Coors Distributing Company Finds Silver Bullet With Coupa

Retrieved on: 
Thursday, May 16, 2019
Procurement, Molson Coors Brewing Company, Coupa, Business, Companies, E-commerce, Economy, Coors Brewing Company, Coors, E-procurement, Molson Brewery, Spend analysis

SAN MATEO, Calif., May 16, 2019 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), today announced that Coors Distributing Company (CDC), a beverage distribution subsidiary of Molson-Coors, has selected Coupa to modernize its business through improved procurement and expense processes that will increase visibility into spend.

Key Points: 
  • SAN MATEO, Calif., May 16, 2019 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), today announced that Coors Distributing Company (CDC), a beverage distribution subsidiary of Molson-Coors, has selected Coupa to modernize its business through improved procurement and expense processes that will increase visibility into spend.
  • Prior to Coupa, invoice creation and expense reporting processes were limited due to offsite capabilities with its legacy on-premise procurement software.
  • "To continue operating as a small but mighty team, our business needed to upgrade processes and Coupa stepped up to the plate as a true partner in our BSM transformation," said David Deard, IT manager at Coors Distributing Company.
  • Coupa empowers companies around the world with the visibility and control they need to manage all their business spend in one place.

Basware Introduces SmartOrders, an Email Collaboration Service

Retrieved on: 
Tuesday, May 14, 2019
Technology, Data management, Supply chain management, Software, Professional services, Banking, Finance, Retail, Procurement, Business, E-commerce, Supply chain management, Economy, E-procurement, Basware, Supply chain

The new SmartOrders service advances collaboration between buyers and suppliers in the procurement process via actionable emails.

Key Points: 
  • The new SmartOrders service advances collaboration between buyers and suppliers in the procurement process via actionable emails.
  • With the new SmartOrders service, customers can eliminate tedious paper and manual processes, explainsMartin Lux, Senior Product Manager for Basware.
  • Suppliers do not have to register or log into any application to use this service, which significantly increases supplier adoption.
  • The e-Orders for Buyers service is easy and scalable and delivers several benefits:
    Click here to learn more about the e-Orders for Buyers service.

Subject files - Public procurement strategy package - Committee on the Internal Market and Consumer Protection

Retrieved on: 
Friday, May 10, 2019
Business, Public economics, E-commerce, Articles, Government procurement, Procurement, E-procurement

On 3 October 2017, the Commission presented a package of two Communications and one Recommendation in the area of public procurement and launched a consultation aiming to collect feedback from stakeholders on how to stimulate innovation through the procurement of goods and services.

Key Points: 
  • On 3 October 2017, the Commission presented a package of two Communications and one Recommendation in the area of public procurement and launched a consultation aiming to collect feedback from stakeholders on how to stimulate innovation through the procurement of goods and services.
  • The first Communication sets out the priority areas for improvement in the area of public procurement both at Member State and Commission level.
  • The second Communication concerns the voluntary ex-ante assessment of large infrastructure projects the Recommendation on professionalization of public buyers provides for steps to be taken by Member States.
  • IMCO prepared an own-initiative report on the Public Procurement Strategy package (Rapporteur: Carlos Coelho (EPP)).

Devising Strategies to Address Procurement Risks in the Wake of Brexit - SpendEdge’s Latest Resource Reveals it all!

Retrieved on: 
Friday, May 10, 2019
Professional services, Other Professional Services, Business, Procurement, Supply chain management, E-commerce, E-procurement, Management, Brexit

SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their free downloadable resource on holistic plans to address procurement risks in the wake of Brexit.

Key Points: 
  • SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their free downloadable resource on holistic plans to address procurement risks in the wake of Brexit.
  • The free resource provides key insights into the procurement risks faced by companies having significant operations or sales in the UK.
  • In the article, our experts highlight the approach companies should follow to mitigate procurement risks associated with Brexit.
  • Formulating strategies that can mitigate procurement risks arising due to Brexit is crucial for companies to gain competitive advantage.