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Should-Cost Model – The Ultimate Guide

Procurement Tactics

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. To ensure that you get the best value for your money, it is essential that you get an understanding of the costs involved in producing a product or service.

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Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is.

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8 Reasons to Join a Group Purchasing Organization

Una

8 No-Brainer Reasons to Join a Group Purchasing Organization. Procurement no-brainers include low-risk, high-return activities like centralizing data , paying suppliers on time, and optimizing processes. 8 Reasons to join a group purchasing organization. 8 Reasons to join a group purchasing organization. Here’s why.

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Leveraging Lean Procurement

Una

Leveraging Lean Procurement. Have you ever been asked to “do more with less” in procurement? Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. What is lean procurement? Create strategic focus.

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How to Build Procurement Influence – and Why it Matters

Una

Pain Points in Procurement Series How to Build Procurement Influence and Why it Matters How to build procurement influence as a way to stay engaged with other business functions, drive value, and achieve more desirable outcomes. Hi, is that the procurement team? It’s Joe from logistics.

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How to Bring More Spend Under Management

Una

How to Bring More Spend Under Management. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management.

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How to Market Procurement’s Value Beyond Cost Savings

Una

How to Market Procurement's Value Beyond Cost Savings. Done correctly, it can drive increased brand engagement, encourage positive word of mouth, and lead to repeat purchases. But why should procurement surprise and delight its stakeholders? How to surprise and delight the customer in procurement.