Strategic Procurement

NLPA Blog

Nearshoring or Offshoring? Tips to Choose the Right Strategy

When cost savings is the main driver of a sourcing [...]

August 12th, 2024|Categories: Cost Management, Cost Reduction, Sourcing, Sourcing Strategy, Strategic Procurement, Supply Chain, Training|Tags: Compliance, cost savings, COVID-19, import duties, labor costs, lead time, nearshoring, offshoring, procurement, quality, risk, sourcing strategies, supplier relationship, supplier visits, Supply Chain, supply chain disruptions, transportation costs|

The Benefits of Cashless Procurement Systems

The global supply chain is undergoing a metamorphosis. Traditional methods [...]

April 24th, 2024|Categories: Cost Management, eProcurement, eProcurement, Risk Management, Strategic Procurement, Technology|Tags: business process improvement, cashless procurement, Cost reduction, cybersecurity, digital procurement, efficiency, eProcurement, finance, procurement automation, Procurement Best Practices, supply chain management, technology, transparency|

Unlocking Value Creation: The Evolving Role of Procurement

Whether your company's most urgent directive is to look into [...]

January 16th, 2024|Categories: Strategic Procurement, Supply Chain, Value Creation|Tags: Continuous Improvement, Cost reduction, cost savings, Data-Driven Decision Making, Innovation, Metrics, procurement, Risk Mitigation, Sales Growth, strategic sourcing, Supplier collaboration, Supplier development, supplier performance, supplier relationships, Value Creation|

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