What is the context? We wanted to develop an auction module for our flagship product MeRLIN. An e-Auction by nature is time-bound, where participants from across the globe login and submit their bids. During this period, the system is expected to provide competitive information on the participant’s bids against other Continue Reading
Modern day sourcing requires the procurement department to fully understand the cost drivers and be able to leverage appropriate sourcing tools to reflect savings in budget.
Strategic sourcing strives to optimize an organisations supply base while reducing Total Cost of Ownership. [Read More]
Now that we have introduced Strategic Sourcing and Industry 4.0 in our previous blogs, let’s dive right into the very foundation of Strategic Sourcing and how it helps create value through the purchasing process. [Read More]
Let’s take a step back from Strategic Sourcing and talk a little about how Industry 4.0 has been great for Procurement. Industry 4.0 is commonly referred to as the fourth industrial revolution. [Read More]