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How to get the most out of your supplier relationships

How to get the most out of your supplier relationships

Fostering a responsible attitude to suppliers should be part of any company's strategic plan. Almost all firms that provide goods or services depend on suppliers. Many business owners believe that they are the dominant party in relations with suppliers, since they are the initiators of orders.

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How to Frugally Procure: 5 Tips For a Procurement Manager

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.

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7 Basic Types of Supply Chain Risks

7 Basic Types of Supply Chain Risks

Nowadays, supply chain risk management is becoming a top priority in procurement. Let's consider the most common types of supply chain risks and learn how to identify them correctly. 

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Procurement VS Purchasing

Procurement VS Purchasing

People tend to confuse procurement with purchasing. Today we will take up the challenge and try to explain how exactly procurement differs from purchasing.

 
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