5 Benefits Of Using A Supplier Relationship Management Platform
Supplier relationship management (SRM) is about integrating the right technology to create stronger relationships with suppliers and improve
Robert
8 min read
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Prokuria Blog
Articles on sourcing, supplier management and cost savings.
Adapting Key Procurement Processes to Small and Medium Businesses
If you prefer listening , check out our AI-powered podcast, where we simplify complex procurement concepts and expert insights into...
Robert
3 min read
Japanese Auction
Reverse Japanese auctions are a type of auction that is used in procurement. They are also known as reverse descending price auctions.
Robert
6 min read
Request for Quotation - RFQ
A request for quotation (RFQ) is a document that solicits price quotes from vendors.
Robert
7 min read
How to Increase Efficiency with PO Templates - Automated PO form templates with Prokuria
When it comes to placing orders for goods, the last thing you want is for your data not to be formatted in a way that can be readily built.
John
9 min read
Request For Proposal - RFP
A request for quotation (RFP) is a document that allows purchasers to ask sellers for proposals.
John
7 min read
Dutch auction
Find everything there is to know about Dutch auction,
Robert
6 min read
Sealed Bid Auction
A sealed bid is a type of sale where the person participating in it submits their bid without anyone knowing what their competitors are bidd
John
7 min read
Supplier Performance Review
As an essential tool in good vendor management, supplier performance reviews provide companies with the opportunity to assess their performa
John
7 min read
Supplier Segmentation
Supplier segmentation is a process of differentiating the company's supplier base in terms of the impact each individual vendor has on you
John
7 min read
Reverse auction
A reverse auction is a form of auction in which the traditional roles of buyer and seller are reversed.
John
7 min read
Supplier Portal
A supplier portal is a tool designed for suppliers to use. It's typically used within a larger procurement software solution.
John
6 min read
The Difference Between Procurement KPIs, Sourcing KPIs, and Supply Chain KPI
The success or failure of any business, regardless of its size, industry, or activity, will rely heavily on its ability to track and measure
Alina
10 min read
How To Do Automated RFP Scoring In Prokuria
Doing RFP scoring manually takes a lot of time and effort. Learn how Prokuria can help you automate this process.
Robert
5 min read
How To Write Good RFP Questions
20 RFP questions you should ask your suppliers if you want to have a successful sourcing process.
Robert
8 min read
What’s The Difference Between Sourcing And Procurement?
Sourcing and procurement do not refer to the same process, even though many organizations use these terms interchangeably. Here’s how they’r
Robert
11 min read
Audit Trail In Procurement: Why And How To Do It
A big administrative issue in procurement is the lack of clear information and a weak audit trail. E-procurement processes solve this issue
Robert
4 min read
How To Do RFP Scoring
Learn the easy way to do RFP scoring. Get templates and examples to optimize your process.
Robert
6 min read
RFP Process: A 20-Step Guide
An RFP process is time-consuming and complicated to manage. Learn how to streamline it so you save time and money.
Robert
9 min read
RFP vs. RFQ: Which one should you choose?
Find out the difference between RFPs and RFQs and choose the best one for your business’ needs.
Robert
4 min read
RFI vs RFP: How are they different and which one should you choose
RFI vs RFP. Not sure which one to choose? Check out the advantages and disadvantages of both to choose the one that fits you best.
Robert
6 min read
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