How to Streamline Your Procurement Process from Weeks to Hours When contract management and procurement software first arrived on the scene, overnight it became an easy way to streamline the procurement...
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What Are Strategic Suppliers? In the world of procurement management, one thing that’s a given is working with suppliers. One of the most important sourcing and procurement techniques is working with...
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What is eTendering and Its Process? eTendering has become a must in today’s global economy, particularly in the supply chain and procurement. You may find that if you’re talking about global markets...
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As the process of procurement has become more automated, so has the strategic sourcing process and the components within it. Instead of simple, straightforward auctions or eAuctions where buyers bid on goods...
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Spend Analysis in Supply Chain Management The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. Fundamentally, the goal of the...
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Demystifying Transportation Sourcing 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural If you are like me, transportation sourcing is a mind boggling and complex field. My colleague Dave Uncapher...
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Top 5 Sourcing and Procurement Techniques With sourcing and procurement, a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your...
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Category management in procurement is an integral part of the procurement strategy in which procurement managers take specific products or services and divide them into certain categories. This technique is...
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