Procurement
BECCS Project Will Use Supply Chain Management Software
The largest decarbonization project in Europe is following a sustainable approach. Drax, the leading UK provider of biomass-based electricity, submitted plans to construct the largest bioenergy with carbon capture and storage (BECCS) operation at its North Yorkshire power station. Working with its engineering, procurement, and construction management partner (EPCM) Worley, Drax will build two BECCS…
Best-of-Breed Procurement Software Solutions
After years of buying and trying single-vendor software suites, organizations realize these options fail to deliver the desired results, especially in procurement and supply chain management. Legacy software attempts to do “everything for everyone” across the enterprise but the impact is users’ productivity may be compromised in their job. A new software category, best-of-breed, covers…
Digital Supply Chains: Present and Future Opportunities
As part of Supply Chain Week 2022, Esther Chan, Senior Manager of Global SCM of Requis, led a lively panel discussion with end users and technology providers about digital supply chain management developments. Ms. Chan opened the session by asking the panel, “How are industry leaders approaching digital supply chain (SC) solutions?” Nari Viswanathan, Senior…
RFX and ESG Management Software Solutions
Requis’ software improves RFX and ESG reporting for supplier qualifications and other product enhancements As companies adopt more digital technologies, project and supply-chain managers still encounter productivity barriers, including: Lack of transparency of partners and suppliers Outdated information and Inefficiencies in data-collection systems. Unfortunately, lack of transparency and poor information in procurement operations yield adverse…
Closed Loop Supply Chains Create Profits from Waste
COVID-19 exposed the grave weaknesses present in supply chains. Consequently, project managers, supply-chain management, and compliance groups are searching for ways to strengthen supply chains and minimize risks from material shortages, dependency on overseas suppliers, and geopolitics. At Requis, we believe that Closed loop supply chains are the answer. Building on new digital models and…
Create a Weighted Scoring Model in Our Software
Weighted score capabilities are now available on Requis’ Sourcing platform. Requis has rolled out a new feature that allows weighted scoring prioritization to compare suppliers and contractors to set up corporate supplier scoring and understand the delta between projects and corporate-level activities. This new feature helps suppliers and buyers look for objective prioritization techniques to…
Sourcing is No Longer a One-Trick Pony
In sourcing, what is becoming more important is not just the product itself, but also the time for delivery, circularity, reduction of project schedule and overall time on the tools.
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