Strategic Sourcing

Spend Matters SolutionMap Q4 2019 – Sourcing and SRM/Risk: Strong First Showing

Spend Matters Solution Map - Sourcing - Nimble Persona

Ladies and gentlemen, we are on the map!The latest Spend Matters SolutionMap has been released and we’re pleased to say that Vendorful achieved a higher Customer Score than any other competing solution, in not one but two categories. That’s right: our customers rank both our Strategic Sourcing solution and our Supplier Relationship Management (SRM) and …

Spend Matters SolutionMap Q4 2019 – Sourcing and SRM/Risk: Strong First Showing Read More »

4 Ways to Improve Procurement Processes and Boost Organizational Value

Improve your procurement process

Procurement teams…those are the people who find an organization’s suppliers, right? If you’ve adopted this sort of limited view about procurement (or are surrounded by people who have), you’re (or they’re) gravely underestimating the impact of these teams. The procurement planning processes themselves and the people who are responsible for implementing them, can affect almost …

4 Ways to Improve Procurement Processes and Boost Organizational Value Read More »

Top 4 Reasons Your Organization is not Adopting eSourcing and How You Can Overcome Them

Reasons your organization is no adopting eSourcing

For any business that has used an eSourcing platform, the benefits are evident. Using tailored technology to streamline its procurement needs can provide an organization with significant cost savings, faster cycle times, more transparency, and better control over its sourcing requirements. Despite demonstrable success and a strong ROI story, eSourcing adoption remains low. As Jeff …

Top 4 Reasons Your Organization is not Adopting eSourcing and How You Can Overcome Them Read More »

3 Ways eSourcing Can Boost Supplier Relationships

eSourcing can boost relationships with suppliers

When it comes to procurement, technology can make a significant impact. Take eSourcing platforms for example. Whether it improves efficiency or reduces costs, there’s no denying that automating processes can provide significant operational value. With minimal effort, you’re able to communicate your objectives clearly, minimize tedious back and forth coordination between individual suppliers, and substantially …

3 Ways eSourcing Can Boost Supplier Relationships Read More »

5 Things to Consider Before Hitting Send on Your RFP

Five things to consider before sending your RFP

Most businesses understand the challenges of finding a reliable supplier. Sure, there are “throwaway engagements” where your focus is purely transactional, the sole focus might be quickly identifying who can get the job time. But for larger, more strategic endeavors, the scope of your evaluation likely transcends the supplier’s current capabilities. Indeed, your looking to …

5 Things to Consider Before Hitting Send on Your RFP Read More »