What’s the Best Way to Train Procurement Staff?
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]Nobody grows up dreaming of being in procurement. They might want to be firemen, doctors, or military […]
Agentic AI Is the Future of Procurement
EdgeworthBox announced its Generative-Procurement-as-a-Service offering for the Request for Proposals business process last month. We have built Generative AI tools to address the workflows of the three stages of a reverse auction: generating a first cut of a statement of work, drafting a supplier’s proposal, and making an initial cardinal ranking of the final supplier bids. […]
EdgeworthBox Announces Launch of Generative-Procurement-as-a-Service to Transform RFPs
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]Date: October 1, 2024 Location: New York, New York EdgeworthBox, an innovative provider of procurement technology solutions, […]
Complex Group Procurement Needs the Right Meta-System
Imagine an organization with a troubled history of procurement. Let’s think of it as a bank, but it could be anything large and complicated. In this story, there are many different players. First, there is the business. There are various trading desks focused on derivatives in different asset classes including asset-backed securitization, equity derivatives, mortgage-backed […]
EdgeworthBox, an AWS Public Sector Partner, Now Available in the AWS Marketplace
September 2024 | New York, NY – EdgeworthBox, a procurement technology company and AWS Public Sector Partner, is excited to announce its listing in the AWS Marketplace. This new procurement channel simplifies access for government agencies and enterprise procurement organizations, making it easier than ever to discover and purchase EdgeworthBox services. As a member of […]
How Can We Maximize the Productivity of Procurement Committees?
We’ve written recently about a core problem with Requests for Proposals: poor internal stakeholder coordination. It creates a number of derivative issues: Poor specification of requirements: the organization fails to exploit its internal knowledge and connections Lengthy procurement cycles: decision makers struggle to obtain consensus Poor visibility into the value chain: without knowledge of or […]
Group Purchasing Organizations Serve Suppliers, Not Buyers
Everyone is familiar with Costco. It is a staple of North American life. It is a club. Individuals or families pay a fee to become members. The purpose of the club is, “To continually provide members with quality goods and services at the lowest possible prices.” It is a buying club focused on bulk purchasing of a limited number of […]
How to Take Risk in a Large Organization
This post appeared first on Closest Point of Approach in May 2024. How do sophisticated investors behave in financial markets? The professional acts on her assessment of the tradeoff between risk and reward. She acts knowing that she won’t be right every time. Her edge, if she has one, comes from, at least, two things. One, […]
EdgeworthBox on AWS
EdgeworthBox has joined the AWS Partner Network as an AWS Public Sector Partner April 2024 | New York, NY – EdgeworthBox, a procurement technology company, today announced it joined the Amazon Web Services (AWS) Partner Network (APN) as an AWS Public Sector Partner. In addition, EdgeworthBox announced that the EdgeworthBox platform passed the AWS Foundational […]
EdgeworthBox Canada and SkyFly Solutions Partner for Software Licensing Supply Arrangement with the Government of Canada
March 2024 | Vancouver, BC and Ottawa, Ontario – EdgeworthBox Canada, a procurement technology company, and SkyFly Solutions today announced their listing in the Government of Canada’s Software Licensing Supply Arrangement. SkyFly Solutions is a Canadian Indigenous IT services, staffing and solutions company that helps customers implement, customize, and optimize their use of the EdgeworthBox […]