Procurement Basics
How to Create a Procurement Game Plan
Every organization has different procurement needs, which means that there is no one-size-fits-all solution when it comes to procurement. However, there are some best practices that all organizations can follow to ensure that their procurement process is as efficient and effective as possible.
Indirect vs. Direct Goods and Services: What's the Difference?
Indirect goods and services are those that are not essential to the core product or service of a company. They are often used in the production or delivery of a company's primary offering, but they are not themselves the primary offering.
How the "Procurement Cult" is Killing Innovation
In today's business environment, the pressure to cut costs is greater than ever. As a result, many organizations have turned to procurement to save the day.
All You Need to Know About Purchase Orders
A purchase order is a formal contract between a buyer and a seller. It's used to record the details of what's being bought, how much it costs, and when delivery is expected.
Strategic Spend Management: 5 Steps to Automate Your Processes
Learn 5 steps to automate your spend management and maintain superior control.
How to Reduce Paper Consumption in Procurement
In many organizations, procurement is one of the most paper-intensive departments. From printing out supplier catalogs and price lists to filling out and filing purchase orders, it's no wonder that the average procurement department goes through a staggering amount of paper each year.
The Evolution of Procurement: Where We've Been and Where We're Going
The role of procurement has changed dramatically over the last several decades. In the past, procurement was primarily focused on cost savings.
Gantt Charts for Procurement Projects
A Gantt chart is a powerful tool that can be used to plan, schedule, and track procurement projects. This type of chart provides a visual representation of the project timeline and can be used to identify potential risks and issues.
