Insights and Ideas for Purchasing and Procurement professionals
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ProcurementFlow, the Estonian procurement digitalisation SaaS which is bringing love đź’š back to procurement teamwork using automation, raised €0.6 million from high-profile investors including the founders of Bolt and Pipedrive.Â
Beware of maverick spending, reap the benefits of vendor consolidation and improve teamwork and employee performance. are the key elements to lower Procurement Costs and in where benefits of having procurement software show up.
Estonian Supply Chain Management association PROLOG board Member Mr Peep Tomingas joins advisory board of ProcurementFlow.com and will coordinate development of ProcurementFlow Partner Program.
Digital Procurement World Conference, a long-awaited procurement transformation software ProcurementFlow.com is publicly released
Think about sales and procurement collaboration benefits when working in discrete manufacturing, building turnkey construction projects, organising large events or major outsourcing tasks. The procurement team should join the sales team when visiting key customers and understand customers’ business needs directly and what customers expect from them.Â
“What gets measured, gets managed”? This famous quote is very popular among businesses, and for good reason.In procurement circles, this statement holds true. Procurement leaders have to make sure that their teams are driving value and saving costs, and taking measurements is a crucial component of achieving this.
Engineer-to-order firms are faced with a vast array of issues due to the unique complexity of each project. This makes it a challenge to come up with finalised products quickly. To overcome this challenge, procurement teams in ETO firms have to work smart and communicate effectively.
Purchasers within procurement team are heroes. They are a lifeblood of every company and not a single organisation, relying on suppliers and subcontractors can function without them. ProcurementFlow.com focus on collaboration and connects workflow with communication.
Suppliers as customers are business partners and yet there is often a big difference when it comes to relationship management practices between these two. In sales there is Customer Relationship Management (CRM) software e.g. Salesforce, Pipedrive etc. which ensures that every piece of information about current and potential customers is systematically stored.
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