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C1 Procurement Blog
How Modern Contract Lifecycle Management (CLM) Transforms Procurement
In the dynamic landscape of modern business, agility and adaptability are paramount. As companies strive to thrive and remain competitive, ensuring a...
Revolutionizing RFPs: How Gen AI Redefined the Procurement Landscape
In today's fast-paced business landscape, the Request for Proposal (RFP) process stands as a cornerstone for organizations seeking to procure...
Best practices for participating in Bank Auction
Bank auctions have emerged as a lucrative avenue for acquiring properties at competitive prices. Be it a residential space or a commercial venture,...
Unlocking Efficiency of Product Lifecycle Management
According to the market research report by Fortune Business Insights, product life cycle management (PLM) market size stood at USD 16.76 Billion in...
Streamlining Business Operations with Source-to-Pay Solutions
According to McKinsey, most businesses lose up to 4% of their overall external spending due to high transaction costs, inefficiencies, and...
How Machine Learning can help in the Procurement process
According to a survey, businesses lose between 2 and 3% of their external spending on pointless transaction fees, noncompliance with regulations, and...
Machine Learning in Supply Chain Management
Machine learning will be used for the supply chain management for procurement solutions to manage the entire business to ensure to supply of a product...
Customer Satisfaction Survey Results 2021
In our customer satisfaction survey, we reported 94% overall customer satisfaction. 95% of responders were highly likely or likely to recommend our...
Best Practices to Improve Supplier Management
As we are now well-versed with the concept of supplier management and its various aspects. Let's straight away dive into the standard best...
Blueprints for Supplier Risk Management
Large enterprises deal with numerous suppliers in today's business world. A lot of companies engage and depend upon these suppliers for...
6 Simple Steps for Evaluating Supplier Performance
Management of the supplier base is deemed to be tricky especially for businesses with a global presence and it’s a challenging task due to various...
Supplier Management: Why Is It Important – C1 Global
All business processes and actions that engage with a supplier's entire lifecycle for an organisation are referred to as supplier management
Potential Obstacles to Effective Cognitive Procurement
The scope for development is massive when it comes to building an effective cognitive procurement system but there are various obstacles which can...
Cognitive Procurement: Impact on Businesses
Every business has different requirements. No two businesses can leverage the potential of cognitive procurement in a similar way. It’s the...
Cognitive Procurement
In today’s world, disruptive technologies are swiftly reshaping businesses to strategize based-on granular level insights, improve growth prospects...
How to Measure & Report Procurement Savings?
A clear and consistent measurement system that is aligned with the business objectives and measures factors such as effectiveness and efficiency can...
Complexity Surrounding Procurement Function
Complex procurement function can cover a wide spectrum of requirements, from the simplest purchasing of supplies to the most complex, with varying...
Procurement Savings And Its Types
Regardless of Industry category, enterprise size, or the maturity of procurement practice and discipline, evaluating cost savings remains the top...
Procurement Through Internet of Things(IoT): The Reinvention of Digital Ecosystem
In our last blog, we explored and learned about Robotic process automation and its applicability in the procurement process. Our today’s topic is...
RPA Reshaping Intelligent Procurement
In our previous blog, we explored blockchain and how it can transform the procurement industry. Today, we will explore about one of the most actively...
The Potential of Blockchain to Transform Procurement
In our last blog, we learned about Machine Learning and its integration with the procurement process. To further explore the upcoming advancements in...
AI ML:The New Age Market Intelligence Advisor for Cognitive Procurement
ML and AI’s usage differ from one another when it comes to procurement and both are at different stages of development. Machine learning is a part...
The AI Impact on Procurement
Earlier we learned about Big-Data Analytics and its usage to detect unpredictable patterns, trends, and perform predictive analysis. Data mining...
Big Data Analytics Evolving Procurement Process
Enterprises around the globe generate an umpteen amount of data. The raw data when filtered using advanced computing systems to derive meaningful...
Cloud-based Procurement Platform
Cloud computing is a form of internet-based computing that provides ability and access to store data and programs via device-on-demand with an...
Advanced technologies and their integration with procurement functions
Rapid innovations and technological advancements are reshaping the procurement industry and its functions. These market disruptive developments are...
Manage all your contracts with C1’s Contract Management System
In the last blog, we discussed the functional overview of e-procurement which includes indent management, inventory management, tender management,...
A Comprehensive Auction Management System to Control Online Bidding of Buyers and Suppliers
Negotiation is an inevitable part of the buying process. C1’s Auction Management & Bidding Software allows procurement professionals to automate...
Optimize the process for all tendering requirements through C1’s Tender Management Solution
Managing tenders is a very time-consuming exercise and a lot of paperwork is involved. Many rounds of negotiations and documentation with accurate...
Ensure optimal purchasing through Indent & Inventory Management
In the last blog, we discussed the functional overview of e-procurement which includes indent management, inventory management, tender management,...
e-Procurement – Functional Overview
Electronic procurement is a business to business (B2B) process of purchasing and selling goods or services over the internet. It offers a highly...
A Message from CEO – An Update on COVID-19
In any crisis, leaders have equal important responsibilities: solve the immediate problem and keep it from happening again. The Covid-19 pandemic is a...
Startup India: How entrepreneurs can realize full potential of govt’s scheme, remain competitive
As the world’s economy transitions into one where economic value is created by bringing about disruption, and consequently behavioral change,...
E-procurement and its growing importance in the Indian market!
In simple words, Electronic procurement is a business to business (B2B) process of purchasing and selling goods or services over the internet. It...
How E-procurement is transforming the landscape of Indian businesses?
In recent times cloud has been an integral part of turning big data into meaningful insights. Cloud-based data management has made it easier for...
Digital transformation of procurement is essential
The digitalization of procurement is ripe for growth. Embracing new technologies creates a supplier network, optimizes the framework, helps in...
Why E-Procurement Is Now Being Integrated By Various Sectors To Simplify Their Procurement Process?
Ubiquitous, mobile supercomputing, self-driving car, genetic mutation, intelligent robots, and whatnot. The evidence of the evolution of automation...
E-procurement: A boon for the manufacturing sector
The manufacturing sector is among the largest and most crucial, complex, and competitive industries in the world. In India, the industry is expected...
Is e-procurement a Necessity for these New Age Banking Systems?
It is common practice for small, mid-sized, and large organisations to purchase goods, materials, and services from vendors through e-procurement...
E-procurement: The X factor for small businesses to cut cost, improve processes, and expand
Technology for MSMEs: For a business of any kind, if it wants to survive and stay competitive in the market, it is vital to reduce the costs of its...
How E-procurement is making business easier
By bringing vendors online and automating processes, e-procurement is making business easier than ever. For businesses using e-procurement, erstwhile...
How Technology Has Empowered The E-procurement Solutions For Businesses
Companies have been transformed by e-procurement. E-procurement has made it much easier for them to procure products from vendors. Before...
P2P Suite’s Capabilities
P2P suites are sets of integrated solutions with processes that may be called “transactional” or “operational” procurement. They have...
P2P technology can help procurement leaders achieve business objectives
The procure-to-pay suite market is growing rapidly as organizations seek automation and innovation to control spend and improve supplier...
Procurement Analytics – Fuels the organizations to move towards business excellence
In procurement, technologies’ true purpose is to augment human capabilities by driving workforce capable and enable to interact and work with...
AI adoption unveils hidden value in procurement
New technologies in procurement are changing the equation by offering innovative prospects for businesses to forecast and respond more efficiently to...
B2B Marketplace – A direct impact on ROI
Many decision-makers regard ROI as the only most important factor in an e-Commerce platform purchasing decision. It’s important to understand that...
Comprehensive solution for sellers and professional buyers to connect and grow their business globally
An online B2B marketplace is where both buyers and sellers can engage in digital commerce. Like popular B2C marketplaces – Amazon, eBay, and Etsy, a...
Supplier Relationship Management: A key part of procurement cycle
Supplier Relationship Management forms a key part of the procurement cycle. It is an integrated approach, addressing both the buyer and seller sides,...
Bank Auctions Made Easy & Convenient
Taking note of the fact that we are in the age of Facebook, You Tube and Twitter, digital technology should be adopted by various authorities and...
Direct vs. Indirect Spend – Next Level Purchasing
Imagine you are throwing a party and negotiate a 20 percent discount on the food, but spend the money saved on extra four crates of beer. You can...
Six necessary steps to conduct a proper Spend Analysis
Business managers are under constant pressure to reduce costs and increase productivity. If the idea of a budget report fills your department heads...
Gain better visibility for more procurement savings with Spend Analysis
Over the year procurement has transferred from a calculated purchasing function to a high significant strategic partners to its organizations and this...
Quick ways for SMEs to reinforce their procurement
Small and mid-sized companies are generally late to the procurement technologies as they cart a multitude of demands like staffing, financing,...
Procure to Pay – An Intelligent automation to unveil the spare spending
All organizations make purchases and all suppliers need paying. So it is logical and essential that the data received from procurement and accounts...
Key Factors for Success
Digital procurement gives decision makers better discernibility, reduces risk, and boosts compliance—ultimately increases spend under management and...
Technologies accelerating the digitization of business processes
Digital transformation is a buzz word on everyone’s lips these days, and it is closely associated with words like block chain, internet of things,...
Choose the right e-Procurement Solution
e-Procurement software is a strategic and beneficial choice for almost any organization, one that is sure to increase efficiency in procurement...
Why does e-Procurement make sense? What’s the point?
If the thought of moving to an e-Procurement process gives you chills, you’re not alone. Everyone that is in the industry will tell you that it is a...
Artificial Intelligence in e-Procurement
Artificial Intelligence (AI) in procurement is transforming industries and becoming the most disruptive business trend. It has provided a more...
Digital Procurement Transformation
Digital procurement transformation is an indispensable approach to procurement process engineering that seeks to harness the full transformative power...
Future of e-Procurement
Procurement is no more a personality-centric function. The changing expectations and the advent of digitization has given birth to a growing vision of...
Shifting to e-Procurement makes sense
When we think about procurement, we all follow traditional methods. But the era of e-procurement is here and gaining importance these days, question...
Purchase automation through e-Procurement
e-Procurement is a way to manage purchasing in an organization electronically. This opportunity offered by digital technologies to make deep...
See what makes our portals highly secure!
Here at C1 Global, it has been our commitment to deliver safe, secure and reliable tendering and auction solutions. Every portal developed by us...
The Menace of Non-Performing Assets
Public Sector Banks (PSBs) have been reeling under the pressure of ever increasing burden of Non-Performing Assets (NPAs). Non-Performing Assets...
Understanding SaaS Application Model
SaaS stands for Software-as-a-Service. In this model, any particular application is delivered as a service over the internet. It eliminates the need...
e-Sourcing – The Backbone of Purchasing Process
E-Sourcing is the foremost component of an e-Procurement solution. Sourcing basically refers to the entire process of finding and subsequently...
Are You Hesitant of Adopting e-Procurement?
In this Digital Age, every business is trying to reap the benefits of Information Technology to the fullest. The Internet has enabled businesses to...
How Mandating e-Tendering Helps?
In April this year, Ministry of Petroleum and Natural Gas mandated e-Tendering for oil PSUs under its ambit, for tenders of value above Rs. 5 Lakhs....
Managing Maverick Spend in Procurement
What happens when procurement managers go rogue? They try to act as mavericks and reach out to suppliers that aren’t a part of the company’s list...
Achieving Digital Literacy
India’s Internet users base has reached 354 million, registering 17% growth in first 6 months of 2015. This increase in the number of internet users...
Benefits of e-Sign
E-Sign service has been launched under the Digital India initiative of Government of India. This ingenious service would enable Aadhaar holders to...
Thriving Sourcing Processes through Creative Procurement Solutions
Creativity is the most essential component for any business to flourish. There is absolutely no denying to the fact that creativity drives success in...
E-Auction and Price Discovery
Price discovery of natural resources is a complex process altogether and requires stringent methodology. The price of natural resources is, to a large...
e-Procurement Emerging in Developing Countries
The Jamaican Government launched its nationwide e-Procurement system on July 31st according to the reports of the Jamaican Observer. Ministry of...
Demystifying Digital Signature Certificate (DSC)
With the advancement of technology and computerization, the conventional paper and pen based signatures are being replaced by Digital Signatures as...
e-Tendering: A Boon For Farmers
According to a report of Ministry of Agriculture, as much as 3313 farmers in India took their own lives in last three years due to agrarian reasons....
PM Modi Launches Digital India Week
Prime Minister Narendra Modi flagged off the ‘Digital India Week’ on 1st July at Indira Gandhi Stadium, New Delhi to endorse the government’s...
Riding the Digital India Wave
The Digital India programme was launched last year by the Modi Government. The thrust of the programme is on 3 key areas – providing digital...
Beginners Guide to Bidding in Bank e-Auctions
Taking part in a Bank e-Auction is a very simple process. Initially, the properties are listed on our website https://www.bankeauctions.com. All...
Are you leveraging Reverse e-Auctions to the fullest?
Choosing when to leverage Reverse e-Auction is critical to e-Procurement Strategy. At a time when Global Heads of Procurement are turning towards top...
Bid Rigging: How to deal with it?
As procurement professionals, you must have faced challenges arising out of cartelization, collusive bidding, abuse of dominance and competitive...
Demystifying the Public Procurement Bill
Public procurement in India accounts for close to 30% of India’s GDP. This is a whopping figure and hence a major area that went ignored for too...
Bidding Online for VIP/Fancy Numbers
At C1 Global we have been a firm believer in web-auctions for not only running streamlined, efficient and transparent systems for procurement &...
e-Governance & Digital India Programme
Government of India has announced an interesting policy update. In its endeavor to transform India into a Digital empowered nation, government has...
‘Make in India’ and e-Procurement
The Jamaican Government launched its nationwide e-Procurement system on July 31st according to the reports of the Jamaican Observer. Ministry of...
How does one migrate to e-Procurement?
For those working in government enterprises, a comprehensive appreciation of the e-Procurement process is of utmost importance because the government...
What all can you e-Procure?
Simple as it may sound, however, it is a very profound question that as head of Procurement one might like to ask – what all can be sourced through...
Top 5 Steps to Successful e-Procurement Strategy
Organizations – small or large have shown keen interest in taking up Reverse eAuctions to drive down the cost of procurement and increase the...
Difference Between Price e-Auctions & Rank e-Auctions
Our esteemed clients often consult us on how to go about auctions. Auction, by the very word, does induce excitement. However, achieving business...
Understanding Dutch e-Auction
It is absolutely important to select a right auction variant when going for an e-Auction to achieve business objectives. Understanding which auction...
e-Governance can position Brand India globally
e-Governance is the new buzzword. ‘e-Governance in India’ as on today, throws more than 33 million searches. At a time when India is positioning...
FM radio Station e-Auction will be a Game Changer!
At C1 Global we are driven by what we do and how it adds value to the entire community. We take immense pride in being the Auctioneer for FM radio...
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