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Find the right supplier in a cost-effective way with this innovative collaboration

A brand new partnership has been formed to empower customers to better navigate the growing shifts in the procurement landscape. Scoutbee, a AI-powered supplier intelligence and discovery platform and Promena, Turkey's provider of strategic procurement software.

Multiple waves of hard-hitting supply chain disruptions have certainly further challenged procurement departments over the past few years, so they are having to be increasingly flexible, creative and dynamic in the way they work with their suppliers.

The adoption of digital processes has played a key role in responding to these challenges, as has collaboration between all stakeholders in the supply chain. By working together, procurement organisations, solution providers and suppliers can create agile and competitive supply chains. Failing to do so means key information can easily get lost as it moves through a supply chain, leading to costly inefficiencies.

The partnership between Scoutbee and Promena offers procurement leaders an effective end-to-end scouting journey, allowing them to both broaden their supplier portfolios and avoid potential supply chain disruptions. Both companies operate in a similar space and have made a name for themselves in digital procurement, so it’s only natural that they join forces.

More than ever before, suppliers are a critical part of any organisation in so many specific sectors - the amount one spends with third-party suppliers can account for up to 80% of the revenue of an organisation, so it is critically important that that money is well spent with the right suppliers, on the right products and services at the right price.

To do so, solutions offered by companies such as Scoutbee and Promena are important pieces of the

Read more on manchestereveningnews.co.uk