About Jennifer Fumic

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So far Jennifer Fumic has created 50 blog entries.

March 2019

You asked – we listened: Ensolva v3.4 is out!

2019-03-27T09:58:42+02:0020. March 2019.|New Releases, Procurement|

All good things come to an end… …but they get replaced with something way better! You asked – we listened: Ensolva v3.4 is out! Earlier this week, we have launched the new version of Ensolva – Ensolva v3.4., where we’ve fixed the things that didn't work or you didn’t like and added some [...]

January 2019

Top pain points in an RFP process and how to overcome them

2019-03-19T14:07:07+02:0022. January 2019.|Other, Procurement, Procurement Professionals|

„Use your own experiences and pain points to identify an opportunity. Be arrogant thinking you can do it better than others.“ (C. Hughes) Top pain points in an RFP process and how to overcome them Whether we look at things from the Buyer’s or from the Supplier’s perspective, we can all [...]

March 2018

Digital Transformation of Procurement – How to Avoid Common Mistakes (Part 2)

2019-02-19T10:20:54+02:0013. March 2018.|Digital Transformation, Procurement, Procurement Tuesday|

„Awareness is like the sun. When it shines on things, they are transformed.“ (T. N. Hanh) Digital Transformation of Procurement – How to Avoid Common Mistakes (Part 2) In the previous article we have discussed the three most common traps in which companies get into during the digital transformation of their procurement [...]

Digital Transformation of Procurement – How to Avoid Common Mistakes (Part 1)

2019-02-19T10:05:07+02:006. March 2018.|Digital Transformation, Procurement, Procurement Tuesday|

"Why don’t you learn from my mistakes? It takes half your life to learn from your own." (S. Delaney) Digital Transformation of Procurement – How to Avoid Common Mistakes (Part 1) Digital transformation of Procurement is a very important step in the improvement of your business. However, when introducing a new mode of operation [...]

February 2018

Ethics in Procurement

2019-02-19T10:01:26+02:0027. February 2018.|Procurement, Procurement Professionals, Procurement Tuesday|

"There's no way to succeed in business without the highest ethical standards." (J. Belfort) Ethics in Procurement Ethical behavior plays a very important role in Procurement. It’s a department that cooperates with a large number of suppliers on a daily basis: procurement professionals select and evaluate suppliers, negotiate with them and conclude contracts that [...]

What’s the Impact of Digital Transformation of Procurement on Your Company?

2019-02-19T09:50:19+02:0020. February 2018.|Digital Transformation, Procurement, Procurement Tuesday|

"It's no longer the big beating the small, but the fast beating the slow." (E. Pearson) What's the Impact of Digital Transformation of Procurement on Your Business? Researches on changes in the procurement process over the years often forget to mention how simple and easy Procurement is today. Thanks to advanced specialized software solutions, [...]

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January 2018

Top 3 Procurement Challenges and How to Overcome Them

2019-02-18T15:38:46+02:0030. January 2018.|Digital Transformation, Procurement, Procurement Tuesday|

“Business must be the solution, not the problem!” (D. Weaver) Top 3 Procurement Challenges and How to Overcome Them Procurement is one of the core departments in a business. If properly structured an organized, it brings numerous benefits and adds value to the company. However, tasks procurement professionals face every day are everything but [...]

Procurement evolution

2019-02-18T15:29:19+02:0023. January 2018.|Digital Transformation, Procurement, Procurement Tuesday|

“Strive for continuous improvement instead of perfection.” (K. Collins) Procurement evolution Saying procurement is “as old as mankind” wouldn’t be far from the truth. Namely, the first evidence of the existence of supply can be found in ancient history, three thousand years before Christ, where records on how the Egyptians purchased Pyramid materials were [...]

5 Tips for Successful Negotiations

2019-02-18T15:24:07+02:0016. January 2018.|Procurement, Procurement Professionals, Procurement Tuesday|

“In business as in life, you don't get what you deserve – you get what you negotiate.” (C. L. Karrass) 5 Tips for Successful Negotiations The main task procurement professionals have is to procure products or services by getting best possible deals and maintaining good quality. Some people are born with good negotiation skills, [...]

Top 3 Procurement Trends in 2018

2019-02-18T15:16:29+02:009. January 2018.|Digital Transformation, Procurement, Procurement Professionals, Procurement Tuesday|

“Innovation is change that unlocks new value.” (J. Notter) Top 3 Procurement Trends in 2018 Every New Year brings new trends. With great excitement we await for predictions and announcements of innovation and new technology that will bring positive changes in our lives in the forthcoming year. Since we’re very curious, we’ve done some [...]