Bonfire’s cloud-based #sourcing software is focused on helping modern sourcing teams achieve more #strategic and collaborative outcomes.🎥wi.st/2hqYiKrT
"#Agile" is a term that keeps popping up the more I learn about #procurement, so much so that it's its own methodology now. It's clear that procurement is becoming an important partner and their agility will depend on the technological tools implemented: bit.ly/2okwcR8
"Embracing the #digital revolution [...] has enabled a step change in how #procurement can service the wider business... Improvements to tools and systems are seen as a key way to increase value creation from procurement." bit.ly/2BQwU2h#sourcing#eSourcing
"Sourcing requires the use of advanced technologies, such as data analytics and machine learning, as well as digital intermediaries, including online marketplaces... and online work services platforms." Another great article by Spend Matters. bit.ly/2hd917q
"When I started in procurement in the mid-‘80s with ICL we had EDI with our suppliers for the sending and receipt of POs & invoices. Yet 30 years later many companies are still not or are only partially automated." Another good read from Spend Matters: bit.ly/2LMGAOZ
"The minute you think your business is immune to change, it will fall behind and will be exposed to the risk of further disruption." Stood out to me - as the landscape of business changes, we have to be agile in our approach in order to remain strategic: bit.ly/2LMeNv4
#Digital#procurement solutions are allowing for many more physical and digital inputs to be connected, driving better decision making and improving efficiency, and ultimately producing results. The full analysis from Deloitte here: goo.gl/mgNhx9
Information = power. Technology is what will enable our abilities to make more strategic purchasing decisions. Digital #procurement and #esourcing are the future of these better decisions. x.com/gobonfire/status/99858…
As new technologies enable procurement to make better, faster decisions, CPOs are tasked with finding the platform that suits the needs of their organization. Learn more: hubs.ly/H0c6bVY0
“Almost all (95%) of #procurement professionals believe digital transformation will fundamentally change the way procurement services are delivered within two to three years, according to a survey by consultancy The Hackett Group.” Read more: hubs.ly/H0c6sFM0
Do you know the differences between basic bidding tools and next generation #procurement software? Here’s a helpful checklist detailing the functionality and features you should consider when searching for new platforms. resources.gobonfire.com/home…
Lost documents. Evaluators falling behind in their scoring. Meetings that drag on without a decision. Here’s how modern #procurement platforms can help you avoid the potential time sinks during #RFP evaluation. resources.gobonfire.com/blog…