In 2008, one technology parts database listed 150 million electronic components. That same year, obsolescence product-discontinuation notices (PDNs) Â were issued for 1.4…
Procurement
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BusinessNewsProcurement
Nitor Makes Public Sector e-Procurement More Efficient in Maryland
by Dawn Allcotby Dawn AllcotThe State of Maryland is about to see improved results and enhanced efficiency in statewide procurement processes. Nitor, a transformation services firm,…
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OperationsProcurementSupply Chain
JLL Chooses JAGGAER to Transform Its Procurement Processes with Next-Gen Sourcing Solutions
by Dawn Allcotby Dawn AllcotManaging $30 billion dollars in third-party spending annually requires next-level procurement processes, source, and spend analytics. JLL, a real estate consultancy company…
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EducationOperationsProcurementSkillsSupply Chain
Engineers and Procurement: Is it Time to Redefine the Relationship?
by adminby adminGiven that procurement paves the way for smoother processes up and down the supply chain, any strategy that helps strengthen will benefit…
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Achieving a digitally transformed supply chain may seem like an unattainable goal for many businesses, but working in small steps may be…
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BusinessNewsProcurementProductsSupply Chain
AI- Powered Procurement Platform Automates Vendor Negotiations
by Dawn Allcotby Dawn AllcotProcurement negotiations often create inefficient bottlenecks, causing buyers to overpay or base their business partnerships on sub-optimal terms. Bid Ops, an artificial…
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EducationProcurementResourcesSkills
How Is Procuring Services Different From Procuring Goods?
by adminby adminBy Beatriz Alegria Securing intangible assets needs a different strategy than procuring physical goods. The increasing focus on reducing a company’s purchase…
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Integration. Lack of Urgency. Budget 50% of senior procurement executives surveyed found that the greatest roadblock to their digital transformation efforts came…
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An RFQ, or Request for Quotation, is the process of asking for the price of exactly what you’re looking for. In other…
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How did the role of the procurement become what it is today? The history of this profession seems to stem all the…
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Since product selection, procurement and testing require such strict processes, many designers have considered a more commercial solution when it comes to…