NLPA (Next Level Purchasing Association)

JULY 20, 2023

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

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. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Procurement Software

JULY 11, 2023

Bettina was a Finance professional before founding Berlin-based spend management startup Hivebuy. Rich Ham , CEO of outsourced indirect spend management company Fine Tune , puts it really well. As it evolves into more of a total value management and strategic supplier management function, Finance must recognise this.

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. In today’s competitive landscape, getting the best price isn’t enough.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52