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2025 Procurement Benchmark Report

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The Spend Culture Blog

Best practices, expert advice, and industry insights on everything from procure to pay. Learn how you can put your procurement function to work to cut costs, drive efficiency gains, and future-proof your organization.

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Supply chain

Updated: May 30th, 2023 • 6 min read

Supply Chains Should Add Value to Society

Supply chains should add value to society: the path to social procurement The true cost of producing and consuming energy has not been fully … Supply Chains Should Add Value to Society

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Purchasing

Updated: May 30th, 2023 • 3 min read

International Purchasing Management

The concept of international purchasing management, in my (humble!) opinion, is a bit of a misnomer. Yes, large, multinational firms (and some medium-sized ones … International Purchasing Management

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Supply chain

Updated: May 30th, 2023 • 9 min read

Supply Chain and Product Sourcing for Furniture Purchasing

Interview and insights with Nickie Morrison, purchasing manager for IFN Modern IFN Modern is a popular online furniture store that specializes in selling mid-century modern … Supply Chain and Product Sourcing for Furniture Purchasing

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Education

Updated: May 30th, 2023 • 6 min read

How Legacy Traditional School Transformed Their Purchasing Process

(This interview was conducted in 2015. Damon Norris is currently Director of Member Services at Arizona Charter Schools Association.) Damon Norris used to be … How Legacy Traditional School Transformed Their Purchasing Process

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Purchasing

Updated: May 30th, 2023 • 3 min read

Tips for Creating a Formal Purchasing Program

No matter what size your company is, at some point you’ll need to make purchases. As your business grows, you’ll find the number and … Tips for Creating a Formal Purchasing Program

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Procurement

Updated: May 30th, 2023 • 4 min read

3 Ways to Embrace Today’s Procurement Best Practices

An ideal set of procurement best practices can lower labor and material costs to boost the well-being of any business, so companies should keep … 3 Ways to Embrace Today’s Procurement Best Practices

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Finance

Updated: May 30th, 2023 • 6 min read

9 Common Causes of Workplace Waste

In simpler times, all a company had to do was ensure its revenue streams were consistent and success would follow. But with the economy … 9 Common Causes of Workplace Waste

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Other

Updated: May 30th, 2023 • 5 min read

Simplify Your Business in 6 Steps

Everyone knows that there’s no such thing as a normal nine-to-five shift. Regardless of how your day is mapped, chances are that something is … Simplify Your Business in 6 Steps

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Finance

Updated: May 30th, 2023 • 4 min read

Budgeting lessons: 5 Things to Learn from Operations Managers

Often the unsung hero of your business, a good operations manager can have a huge effect on your company when it comes reducing costs … Budgeting lessons: 5 Things to Learn from Operations Managers

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Finance

Updated: May 30th, 2023 • 5 min read

Worst Case Scenario: What Happens When Your Budgeting Goes Wrong?

Think of your budget as a flight plan for your company. A properly completed budget will go a long way towards ensuring a smooth … Worst Case Scenario: What Happens When Your Budgeting Goes Wrong?

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Purchasing automation

Updated: May 30th, 2023 • 5 min read

5 Things to Know About Reversing Entries

Reversing entries exist to ensure you don’t have duplicate entries for your expense and revenue transactions, which are the greatest indicators of your business’ … 5 Things to Know About Reversing Entries

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Supply chain

Updated: May 30th, 2023 • 4 min read

What Exactly are Corporate Logistics?

“Logistics must be simple—everyone thinks they’re an expert.”— Anonymous. Can corporate logistics be simple? What do the pyramids of Egypt, Alexander the Great and supermarkets … What Exactly are Corporate Logistics?

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