The Cost Effectiveness of Implementing an E-Procurement for Your Business
Procurement is already an essential piece of your business puzzle, but it’s also a costly one. Perhaps you already think you’re getting a good amount of value for the money…
The difference between sourcing and purchasing
Many B2B people think of a procurement supply chain as a straight line. They picture link after link connecting manufacturer and consumer. Thinking that way might help you keep things…
Procurement Culture: train hard, fight easy
Unfortunately, the formed culture of purchases in organizations is very rare. But, on the other hand, this fact gives an advantage. After all, if you implement it earlier your competitors, the business will only benefit.
Chaos in indirect procurement and strategies to manage it
Often companies are ready to invest more resources in direct purchases since the connection with the profitability of the company is more visible. The importance of indirect purchases is often underestimated, because without them it is impossible to carry out their entrepreneurial activity qualitatively.
Procurement management from any place
For managers who often go on business trips, constant control over purchases is extremely important. Purchasing management with a smartphone or other device with access to the Internet, helps to keep up to date.
Why does the mid-size business optimize Excel in procurement?
The first experience in data management for most users was at Excel. This software value is in the speedily counting and data editing. Is it convenient to use Excel in procurement?
How to Frugally Procure: 5 Tips For a Procurement Manager
Representatives of small and midsize business often deal with procurements. At the same time, ineffectual control of the buyer-supplier chain provokes companies to lose money. Companies don’t pay enough attention to how they optimize procurements, because their priority is the development of the sales department.