Procurement Tactics

APRIL 5, 2023

As sustainability is a growing focus in the world, many businesses are integrating it, especially consumers who are demanding to know where the products they purchase come from. Additionally, sustainability in procurement guarantees that the sustainable values of a company are upheld throughout the product and service life cycle.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

Supply Chain Game Changer

MAY 26, 2020

Less enlightened organizations still think of Procurement as a back office function processing transactional purchase orders and standard contracts. But better informed and leading organizations see and recognize Procurement for its strategic value. What actually is the power that is within Procurement’s mandate?

Procurement 105

Procurement Purchase orders Supply Chain Optimization Ethics 105

Procurify

MAY 12, 2022

Many people use the terms procurement and purchasing interchangeably. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area. What is purchasing? This often includes how a procurement manager goes about ordering and paying for something.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

Claritum

NOVEMBER 16, 2018

Procurement is a complex multidisciplinary team activity that crosses all areas of the business. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. Introduction. Step 1 Remove the noise.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Claritum

OCTOBER 12, 2018

Are you a 2-dimensional or a 3-dimensional purchasing organisation? Automation for the 3-dimensional purchasing organisation. 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.

Procurement 47

Procurement Eprocurement Category management Purchasing 47

Una

JUNE 6, 2024

One powerful way procurement can contribute is through intentional supplier selection and management. By prioritizing local and minority-owned businesses , procurement can ensure that a company’s economic impact stays within the community. There’s often pressure to go with the lowest bidder.

Procurement team 52

Procurement team Ethics Suppliers Procurement 52

Claritum

SEPTEMBER 27, 2018

Claritum Article - Procurement Blog. This article will look at how this high level distinction impacts procurement and will also dive deeper into some of the resultant differences between these groups that impact on the procurement function. Procurement is constrained only by this minimum set. Introduction. Financials.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36