ProcurePort
SEPTEMBER 20, 2022
• In procurement, the balance of power can shift towards the suppliers for many reasons. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • The post 7 Purchasing Negotiation Strategies Every Buyer Should Use appeared first on ProcurePort Blog.
Procurement Tactics
JUNE 22, 2023
For today’s article, we will discuss everything you need to know about the blanket purchase order, including what it is, its importance, how to create one, and when to use it. After this article, you will know the difference between regular and blanket purchase orders and how using this will benefit your organization.
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Procurement Tactics
JUNE 22, 2023
A business expert or a procurement manager can know the difference between a sales order and a purchase order, but these two documents are the same for many others. That’s why for today, we will explore the differences between the sales order and purchase order and highlight some software commonly used to manage these orders.
ivalua
NOVEMBER 13, 2022
Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Founded in 1949, the company today has a turnover of €3.2 ivalua.com.
ivalua
MAY 31, 2022
A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .
Spend Matters
JANUARY 21, 2025
They streamline corporate purchasing processes by allowing companies to issue unique card numbers linked directly to their business accounts. These virtual cards enhance control and visibility over spending while simplifying the payment processes for suppliers and vendors. On the surface, it seems counterintuitive. in annual revenue.
SCMDOJO
MARCH 24, 2025
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.
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