Remove Cost of ownership Remove Purchasing Remove Strategic sourcing Remove supply chain software solutions
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Procurement Best Practices You Should Know

World of Procurement blog

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers.

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Procurement Best Practices You Should Know

World of Procurement blog

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. What is procurement and purchasing Lesson 2. Procurement and Purchasing Cycle Lesson 7. Trends and tendencies in procurement Lesson 3.

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Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. However, failing to strategically measure purchasing performance can have significant impacts.

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Boosting Business Growth With the Help of a GPO

Una

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. What if procurement wasn’t just about cutting costs and securing deals?

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Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

Unlike for those who purchase direct materials, it’s much trickier to measure hard savings – i.e. those which are easily visible on the P&L statement – in the indirect space. Driving value through strategic sourcing and supplier collaboration. Great for repeatable purchases.

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Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

Unlike for those who purchase direct materials, it’s much trickier to measure hard savings – i.e. those which are easily visible on the P&L statement – in the indirect space. Driving value through strategic sourcing and supplier collaboration. Great for repeatable purchases.