Remove Buyers Remove Consumer demands Remove Procurement Remove Supply management
article thumbnail

How to Use Group Purchasing as a Cost Reduction Strategy

Una

Organizations in every state, however, are still faced with challenges related to ongoing supply chain disruptions and skyrocketing inflation, both byproducts of an unprecedented black swan event. In this article, we’ll explore ways to achieve cost reduction in procurement and ensure business continuity in times of economic uncertainty.

article thumbnail

7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 7 KPIs Your Procurement Team May Be Ignoring! Procurement is a business function that has undergone a lot of change in the last few years. As a believer in the power of procurement, this recognition makes me happy. Subscribe Here! Email Address. Responsible Sourcing.

article thumbnail

SRM: How to secure the new value that sustainability can bring

Positive Purchasing

The motivation to become more sustainable goes beyond protecting the organization and is now a means to create competitive advantage, increase market share and build brand value, as today’s consumers demand more from the brands with which they engage. It first appeared on the Supply Management magazine on 6 September 2022.