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Blog2021-11-16T05:54:27-04:00

What Purchasing Can Learn From Sales

June 26th, 2024|Tags: , , , , , , , , , , , |Comments Off on What Purchasing Can Learn From Sales

Though a concept that may be met with skepticism, purchasing professionals can learn from Sales professionals. This skepticism either comes from the thought that these two groups represent opposite sides or—in mutual transactions such that [...]

  • Spend analysis is a powerful tool for procurement professionals, but it's just one piece of the puzzle.

Leverage the Power of Spend Analysis

May 8th, 2024|Tags: , , , , , , , |Comments Off on Leverage the Power of Spend Analysis

In today's competitive business landscape, procurement professionals constantly seek ways to optimize costs and maximize value. Spend analysis has become vital in this pursuit, offering valuable insights into historical spending patterns and identifying potential cost-saving [...]

  • cashless payment systems

The Benefits of Cashless Procurement Systems

April 24th, 2024|Tags: , , , , , , , , , , , , |Comments Off on The Benefits of Cashless Procurement Systems

The global supply chain is undergoing a metamorphosis. Traditional methods are struggling to keep pace with the complexity and dynamism of modern commerce. In this evolving landscape, cashless procurement systems are emerging as a powerful [...]

  • Difference between Logistics and Supply Chain

The Difference Between Logistics and Supply Chain

April 8th, 2024|Tags: , , , , , |Comments Off on The Difference Between Logistics and Supply Chain

The globalized world relies on efficient and well-coordinated supply chains. But within this complex system, two terms often get thrown around interchangeably. While intrinsically linked, there's a crucial difference between the two. Understanding this distinction [...]

  • skills for procurement professionals

Unexpected Skills Every Procurement Pro Needs

March 20th, 2024|Tags: , , , , , , , , , , , , , , , , |Comments Off on Unexpected Skills Every Procurement Pro Needs

When HR outlines skills for procurement professionals, they find that much has changed in the purchasing, procurement and supply chain industry within the last 20 years. Whereas a bachelor's degree was often sufficient in the [...]

  • Does your team have the necessary soft procurement skills?

Soft Skills for Supplier Relationship Management

March 6th, 2024|Tags: , , , , , , , , , , , , |Comments Off on Soft Skills for Supplier Relationship Management

Nowadays, technical procurement skills are no longer enough when dealing with vendors and suppliers. While they remain essential, there is new and greater recognition of the ability to work collaboratively, emotional intelligence, and the ability [...]

The Difference Between Logistics and Supply Chain

The globalized world relies on efficient and well-coordinated supply chains. But within this complex system, two terms often get thrown around interchangeably. While intrinsically linked, there's a crucial difference between [...]

Unexpected Skills Every Procurement Pro Needs

When HR outlines skills for procurement professionals, they find that much has changed in the purchasing, procurement and supply chain industry within the last 20 years. Whereas a bachelor's degree [...]

Soft Skills for Supplier Relationship Management

Nowadays, technical procurement skills are no longer enough when dealing with vendors and suppliers. While they remain essential, there is new and greater recognition of the ability to work collaboratively, [...]

Category Management in Procurement

In today's dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. The relentless pursuit [...]

Procurement Strategy: Optimizing Your Path to Success

When implementing or refining a procurement strategy, the decisions you make early on determine whether that strategy will succeed or fail. Nowadays, it is no longer just about securing the [...]

Unlocking Value Creation: The Evolving Role of Procurement

Whether your company's most urgent directive is to look into cost efficiency, supplier relationships, risk management, innovation or sustainable practices, you can not ignore the impact of value creation. While [...]

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