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What About Procurement Objectives?

Procurement Templates

It’s been a very long time since I’ve had to consider about procurement objectives. Here are some typical procurement objectives that every procurement professional should consider. Process Efficiency: Streamline procurement processes through automation, reducing lead times and operational costs.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

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Aligning Finance and Procurement to improve expense management for financial forecasting and control — Phase 4: Leveraging technology

Spend Matters

This article covers phase 4 of our series: Improving expense management for financial forecasting and control – A Finance–Procurement alignment approach. In phase 1 and phase 2 of this series, we explored how misalignment between finance and procurement can erode forecasting accuracy and create blind spots in employee-driven spend.

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How the importance of risk management has changed for procurement – and what to do about it

Spend Matters

A common thread among the conversations we’ve had recently with senior procurement practitioners tells of the extent to which attitudes towards risk have changed over the past decade. According to one procurement leader we spoke to, all that changed around 2020. That statement couldn’t be less true today.

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Aligning Finance and Procurement to improve expense management for financial forecasting and control — Phase 3: Structuring the collaboration

Spend Matters

This article covers phase 3 of our series: Improving expense management for financial forecasting and control – A Finance–Procurement alignment approach. Step 1: D efine the problem – Why misalignment matters in expense management When finance and procurement aren’t aligned, employee-driven expenses become a hidden risk.

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Negotiation for Procurement and Supply Chain Professionals 4th edition Book – Now Available To Pre-Order!

Positive Purchasing

We’re excited to announce the upcoming 4th edition release of Negotiation for Procurement and Supply Chain Professionals – the latest book by our CEO, leading procurement expert and best-selling author, Jonathan O’Brien. Vital tools and comprehensive tactics for a detailed, planned approach to negotiation.

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Aligning Finance and Procurement to improve expense management for financial forecasting and control — Phase 2: Identifying misalignments and addressing the gaps

Spend Matters

We introduced this series on ‘ Improving Expense Management for Financial Forecasting and Control, ’ to help organizations rethink how finance and procurement can collaborate around employee-driven expenses, especially travel, reimbursements and card spend. Procurement has limited ability to monitor out-of-policy spend.