Procurement and business profitability go hand in hand. It’s a massive component of any company’s costs. In fact, estimates from consulting giant PwC peg … How Can Procurement Make Your Business Profitable?
We love the procurement process – so much so, in fact, that we’re constantly developing and improving our software to ensure users entrench the … Why You Need a Procurement System Policy Framework
Before streamlining your procurement process – ask yourself these critical questions A well-oiled procurement process is a critical component to organizations large and small, … Streamlining Procurement Processes is Critical, but it’s Hard Work
International purchasing offices (IPO) are an interesting field of business management that is starting to grow in importance. As supply chains are growing larger … How to Outsource Procurement Using International Purchasing Offices
Sometimes the system just gets in the way. Here are 6 scenarios you will only understand if you have one of those infuriating purchasing … Six Ways Your Purchasing Process Drives You Crazy
Boost your internal procurement efficiency with these steps: standardize processes, set approval thresholds, reduce approval chains, and adopt cloud-based systems. Also, consider sourcing locally to expedite logistics and support the local economy.
Procurement is often a misunderstood and disregarded (unfortunately!) function of an organization. However, procurement optimization can produce a host of benefits and add tremendous value … How Procurement Optimization Adds Value to Organizations
Major shifts in the supply chain are impacting the future of procurement globally. Companies all around the world are struggling to respond to emerging … What is Procurement Intelligence and How Can It Benefit Your Business?
Explore the distinctions between direct and indirect procurement. Dive into their roles, strategies, and impact on spend management. Discover how they influence a company’s operations, profitability, and supplier relationships.