The Good Spending

APRIL 2, 2023

Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. In some companies (and I'm quoting my own experience), procurement planning barely exists.

Procurement 98

Procurement Demand Planning Budget Category management 98

The Good Spending

MAY 28, 2023

Building a High-Performing Procurement Team While efficient sourcing, negotiation, and supplier management are crucial for organizational success, the strength of the procurement team is equally important. Coordinator will manage the incoming flow of end-user requests in the Middle Office.

Procurement team 52

Procurement team Procurement Category management Sourcing 52

The Good Spending

MARCH 3, 2024

Service-oriented offerings ensure that businesses can benefit from the latest technologies without the burden of managing them internally. Once you map a service you're about to source in any of the four proposed quadrants, you may identify the value promise and procurement strategy, as presented below.

Procurement 59

Procurement Sourcing Category management Procurement strategies 59

Supply Chain Game Changer

MAY 26, 2020

Once there is a pool of suppliers Procurement conducts and leads the quotation and supplier selection process culminating in the award of business. Procurement then leads the contractual negotiation process defining the terms and conditions framework under which the relationship will be managed.

Procurement 105

Procurement Purchase orders Ethics Supply Chain Optimization 105

Claritum

AUGUST 4, 2020

Within this environment, the Procurement has to remain focused on. It is procurement at the heart of any impact on P&L. Financial management within Procurement is therefore of critical importance. multi-disciplined sport of procurement are daunting. Address procurment strategy. Managing money well.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Claritum

NOVEMBER 16, 2018

Within this environment, the Procurement has to remain focused on maximising financial results associated with the supply and use of goods and services. It is procurement at the heart of any impact on P&L. The following diagram shows the relationships that should exist between suppliers, users and Category Managers.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Claritum

OCTOBER 12, 2018

Procurement needs to transform and continue to transform to align to the business. Procurement has to move away from a transaction based function and become an advisory resource. The Category Manager needs to become more integrated into key business processes and more consultative in nature.

Procurement 47

Procurement Eprocurement Category management Purchasing 47