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Why Procurement Pros need to understand Contracts

World of Procurement blog

If you’re a Procurement Pro who does not understand Contracts you’re at a disadvantage in all that you’re doing. When I talk about not understanding contracts I’m talking about not understanding contractual terms and the impact of specific terms on the procurements you’ve undertaken.

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Digital Procurement in SMEs and Emerging Markets

Procurement Software

This blog post is based on a video interview I gave about digital procurement back in January in Dubai with Dr. Muddassir Ahmed of SCMDOJO. Why procurement technology’s growth is not with enterprise suites Procurement technology is no longer the sole preserve of large enterprises.

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What is Procurement? The ultimate Definition of Procurement in Business

World of Procurement blog

What is Procurement? Procurement is more than buying goods and services. The definition of Procurement is “the process or act of procuring”. Whilst Procurement can often be carried out via a purchase, it is more than just purchasing. Procurement is a vital part of Supply Chain Management.

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The Future of Procurement

Una

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. Did the pandemic already write procurement’s future? By Eric Edwards | November 15, 2022.

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Procurement Media through the Years – Jon Hansen from Procurement Insights

The Procuretech Podcast

Procurement Media through the Years - Jon Hansen from Procurement Insights. This episode, we've got a guest who's been talking about procurement for decades. With a long-standing blog and a podcast that goes all the way back to 2009, it's Jon Hansen of Procurement Insights – the original procurement podcaster.

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The Top Procurement Trends of 2022 that you need to know

World of Procurement blog

With solutions such as Tealbook , which creates a supplier data foundation that isn’t dependent on a supplier going into a portal and updating information, we will see a shift in procurement teams opting for options such as this. If you currently have no way to get accurate data, this needs to be prioritised. That’s vital.

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Why Procurement Transformation Can Fail!

Supply Chain Game Changer

What’s the Difference between Procurement and Purchasing? Why Procurement Transformation Fail article created by, and permission to publish here provided by, Jill Button at [link]. There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again.