Una

AUGUST 31, 2023

Overcoming Challenges with Strategic Sourcing for SMEs Explore how strategic sourcing for SMEs can help procurement professionals overcome the unique challenges of operating a small business. Should smaller organizations stay in their lane and concentrate on day-to-day tactical sourcing?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Procurement Tactics

SEPTEMBER 7, 2022

In this article, we will discuss the definition of sustainable procurement and its significance in every sector. Once you are done reading this article, you will be able to know how to sustain the procurement process of your organization. Sustainable procurement is a strategic decision that goes beyond the requirements of economics.

Sustainability 163

Sustainability Procurement Cost of ownership Supply Chain Efficiency 163

Procurement Tactics

MAY 12, 2023

Renewable Energy With a range of natural resources such as wind, solar, and tidal power, Scotland is eyeing to strengthen its renewable energy sector and establish the country as a world leader in sustainable energy resources. billion Plastics and articles – £1.2 The Scottish Government figured a 9.9%

Export 192

Export Import Sustainability Negotiation 192

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. How do you define an SME? Source-to-Contract (S2C) 1.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Una

NOVEMBER 2, 2023

It’s difficult to pinpoint the nature of their concern; perhaps they believe outsourcing some parts of the procurement process is cheating, or maybe they worry that a GPO will alter their sourcing strategy. For many, the age-old concern is that of somehow being replaced or being made obsolete by a more efficient way of doing things.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

SEPTEMBER 26, 2023

There is a distinct and significant different between Source-to-Contract (S2C) and Source-to-Pay (S2P). If we look at it in terms of software, there are significant differences between the features offered by Source-to-Contract software solutions vs. Source-to-Pay suites. What is Source-to-Contract?

Sourcing 59

Sourcing Contract Competitive bidding Bidding 59