News & Blog

Sourcing Tool Megatrends

The sourcing landscape is undergoing a significant transformation. In our daily discussions with various sourcing organizations, certain themes repeatedly emerge.

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Contract negotiations online – efficient process!

Digitalization has significantly changed the way contracts are negotiated. In the past, there were long, face-to-face contract negotiations and signatures were drawn in ink on paper and confirmed with a stamp. In recent years, contract drafts have still been sent by e-mail and once final version has been ready, signatures may have been collected electronically.

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Noventian porukka pöydän äärellä

Noventian asiakastilaisuus

Järjestämme Noventian pääkäyttäjille ja yhteyshenkilöille asiakastilaisuuden tiistaina 5.11.2024. Aamupäivän teemoina ovat ESG (Environmental, Social ja Governance) ja vastuullisuus hankinnoissa. Tapahtumassa kuulemme Noventian työkalujen viimeisimmät kehityskuulumiset

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Man standing in a server room with a tablet in his hands

Centralized system or specialized solutions?

When acquiring solutions that are purposed for sourcing functions, similar questions are met than with solutions for any other business functions. A common decision point is whether to seek a centralized solution for all the needs or to look for specialized solutions for different facets of the operation. Each approach has its own advantages and challenges.

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eAuction – what’s it all about?

For sourcing professionals, a tendering process is business-as-usual: first define the scope, then find out the potential candidates. The best way to identify the most potential candidates is to run a RFQ or RFP. After the first round the best candidates are often given an opportunity to improve their offer.

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