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Benefits of Reverse Auction in procurement
Procurement in many organizations acts as a foundation of the business. Industries like manufacturing, infrastructure, eCommerce…
Use of AI in procurement
AI or Artificial Intelligence is the future or will be a big part of our future.…
Negotiating your way to procurement success
Procurement departments have started to demand a lot of negotiation power over the years. Think of…
Importance of Budgeting in Procurement Planning
Budgeting is a strategic tool which has proven to be crucial for organizations that went through…
Spend Analysis in Organisations
“Spend Analysis – A must in organisations to ward off cost complexities.” Spend Analytics or Analysis…
How Biases in Vendor Selection affects the Procurement Process
Why is Vendor Selection Complex? Vendor Selection is the action phase in an organisation for its…
Common Methods of Procurement by Organisations
The procurement timeline is linear as it starts from a buyer need then goes onto various…
How has COVID 19 affected the procurement process for organizations?
The unforeseeable crisis of Covid-19 has heavily impacted the world economy and continues to do so.…
5 Ways how selling through Bonolo benefited a textile manufacturing company
Bonolo is a tool enabled with Artificial Intelligence that aims to make procurements simpler and efficient. Bonolo…
How Bonolo helped the largest passenger car manufacturer to avoid biases in seller decision during procurement!
How biases in the procurement gave the largest passenger car manufacturer company of India less profits than expected? …