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

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 Ethics Supply Chain Optimization 105

Claritum

AUGUST 4, 2020

Introduction 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. organisation.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

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

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

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. Examples include cost savings, cost avoidance, and purchase price variance.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52