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procurement

IT Procurement Services: The Benefits that Outweigh the Costs

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Are you looking to scale while keeping business costs under control? If so, you should definitely consider improving your IT procurement process – and automation is the name of the game here. Managing these purchases manually these days is time-consuming, costly, and vulnerable to human errors.

This is where IT procurement services come in, to help you streamline the process and ensure you get the best value for your money (and isn’t that what we all want in the end?). If you’re still hesitant about investing in a dedicated IT procurement solution, you should read on. [Read more…] about IT Procurement Services: The Benefits that Outweigh the Costs

Smart IT Procurement: How to Cut Costs and Save Time

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Managing IT procurement effectively can mean the difference between a streamlined, cost-efficient operation and a chaotic, overspending nightmare.

With businesses increasingly reliant on technology, ensuring that IT purchases align with budget constraints, operational needs, and long-term strategy is more crucial than ever.

Yet, many companies still struggle with inefficient procurement processes, leading to wasted time and money. [Read more…] about Smart IT Procurement: How to Cut Costs and Save Time

The Benefits of Implementing RFP Automation Software

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In the competitive realm of business procurement, adopting advanced software to manage requests for proposals (RFPs) can mark the difference between success and mediocrity.

RFP automation software is increasingly becoming vital for companies seeking efficiency and effectiveness in their procurement strategies. Automating the RFP process saves time, reduces errors, and enhances collaboration.

If you’re considering upgrading your procurement process, understanding the myriad benefits of RFP automation is crucial. Below, we delve into the significant advantages and transformative potential of RFP automation software.

[Read more…] about The Benefits of Implementing RFP Automation Software

5 Reasons to Work With an Electronic Components Distributor When Procuring Parts

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Whether you are an electronics enthusiast seeking to acquire the correct components for your circuit designs or a businessman in search of the right components for your production line, getting the services of an electronic components distributor is not a bad idea at all.

From knitting a simple toy for your child to managing a factory that manufactures complex products for market sale, dealing with a distributor is beneficial in a number of ways.

[Read more…] about 5 Reasons to Work With an Electronic Components Distributor When Procuring Parts

Comau selects Jaggaer as partner for digitalized procurement

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Comau has selected Jaggaer as its partner for eSourcing.

With headquarters in the industrial city of Turin, a strong presence in 13 countries around the world, and a wealth of expertise and experience spanning more than 45 years, Comau is a leading global player in the field of industrial automation, renowned for its groundbreaking and high-quality systems and products.

In the automotive sector the company boasts partnerships with some of the world’s leading and most forward-looking brands. Comau’s solutions also meet the needs of organizations in a wide range of sectors, including renewable energy and logistics. [Read more…] about Comau selects Jaggaer as partner for digitalized procurement

ABB chooses IBM for procurement digitization

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IBM has been contracted by ABB to help support its procurement digitization journey with the launch of SmartBuy, a newly designed end-to-end employee purchasing program that aims to match the ease of online shopping with the intuitiveness and speed of a search engine. 

The solution is designed to also be tasked with automating the process of finding, procuring and managing ABB’s supplier network, with services like self-registration and contract processes.

Daniel Stumm, ABB’s head of indirect procurement, says: “We wanted to transform our eProcurement processes to drive business value and create a better experience for our user community and suppliers while avoiding the need for major training and allowing for an increased level of self-service. [Read more…] about ABB chooses IBM for procurement digitization

Engineering procurement platform Kreatize enters new market with Austrian investors

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Kreatize, which claims to be Germany’s largest procurement platform for mechanical engineering, has received a joint investment from Austrian company B&C Innovation Investments (BCII) and the industrialist Martin Ohneberg.

Kreatize says the new investment – which is described as being in the “mid single-digit million” euro range  – will enable it to expand its business in Austria.

The procurement of industrial components is often a costly, lengthy and non-transparent process. [Read more…] about Engineering procurement platform Kreatize enters new market with Austrian investors