For those of us that watch/analyze/critique the procurement world on a regular basis, it is easy to get caught up in the freshest, trendiest … The Importance of Purchase Orders
Expenses (sadly!) are an unavoidable aspect of business. Lunches…airplane tickets…hotels…rental cars…these things add up. And it all must be accounted for. Enter expense reporting … A Quick Introduction to Expense Reporting Software
There is nothing both the technology and procurement worlds love better than a new, shiny buzzword. That penchant for the trendy, I should say, … Procurement SaaS: a Buzzword Explained
So…you’re in charge of the purchasing at your firm. You might be a purchaser, general manager, procurement officer or, in some cases, the owner … An Introduction to Purchasing Best Practices
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
Organizations, both small and large, have to manage contracts. But this responsibility, while critical, is easier said than done. At any given time, a … What Is Contract Lifecycle Management?
Dive into the concept of enhanced procurement management, which emphasizes a holistic view of the supply chain, from contracts to sustainability. Discover how businesses are adapting and the key questions to ask for effective procurement.
The concept of “best practices” – regardless of industry – is a fluid one. The methods and practices that work during one period may … A Quick Look at New Procurement Best Practices
A critical component of any successful procurement department is a solid, well-designed and well-communicated procurement approval system. Yes, an organization’s procurement function must ensure … Why You Need a Procurement Approval System
Increasing revenue, however desirable, isn’t always in the cards. Sales teams hit slumps. And marketing departments, despite their best efforts, sometimes attract less-than-fantastic leads. … Reducing Direct and Indirect Purchasing Costs
Explore the intricacies of the 2023 procurement process, from identifying needs to finalizing purchases. Enhance your strategy with a focus on efficiency, digital solutions, and sustainable practices in procurement.
Procurement, not unlike other operational divisions in business, is in a constant state of progression and evolution. What’s more, good procurement leads to smarter … 3 Procurement Procedures to Implement for Smarter Purchasing