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Sustainable Business — Everything You Should Know

Procurement Tactics

Sustainable Business — Everything You Should Know. Sustainable business is embraced by many big companies as consumers are more concerned about the ethical standards of companies in making and operating their business. However, what is a sustainable business? For this article, we will discuss what sustainable business is.

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How Machine Learning is Transforming Supply Chain Management

Una

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Let’s take a closer look at how machine learning is transforming supply chain management, making it a force to be reckoned with.

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How to Use Group Purchasing as a Cost Reduction Strategy

Una

How to Use Group Purchasing as a Cost Reduction Strategy. In this article, we’ll explore ways to achieve cost reduction in procurement and ensure business continuity in times of economic uncertainty. For most of us, 2020 was no time to purchase a new car or book a future trip to Disneyland. in April 2020.

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Value Creation Through Digital Transformation in Procurement

Una

Value Creation Through Digital Transformation in Procurement. How and why is this happening? In June 2022, a ProcureTech survey of 170 global procurement leaders revealed 90 percent believed the digital transformation of their procurement processes would be THE top priority within the next three years.

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How Una Supports Value Creation for Business Leaders

Una

The Basics of Group Purchasing Learn how Una can help turn your sourcing function into a hub for value creation for business leaders and procurement professionals alike. Value creation for business leaders Below, we’ve summarized how Una can help turn your procurement function into a value creation powerhouse.

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Elements of a Diversified Procurement Strategy

Una

Reduce maverick spend There are many ways to eliminate maverick spend and create significant savings for your organization. Create an approved purchasing system or require all purchases be made from a catalog to curb rogue spending. Encourage supplier innovation Your suppliers can drive cost savings through product innovation.

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5 New Year’s Resolutions for Procurement

Una

Here are some tips for making resolutions that will stick. Find the balance between aspirational and realistic Break major aspirations down into smaller, achievable goals Make a goal with measurable results and milestones along the way Avoid vagueness Involve others in your goal to create accountability. By Hugo Britt | December 8, 2022.