Procurement

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A four step procurement strategy for economic recovery

The COVID-19 pandemic posed significant challenges for supply chains globally, forcing business leaders to quickly shift from a posture of growth to survival. As a result of the disruption, cost management and supply continuity were suddenly top of the agenda and all eyes turned to the procurement to help companies reach their goals and form a strategy. However, there […]

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Why procurement can’t always trust their supplier data

Procurement professionals are always looking for the “perfect” supplier. The one that is going to communicate effectively, provide insightful performance metrics, and offer the best deals. But all of this is not possible without clear trust and transparency – a formidable challenge faced by procurement teams today. Because deals are often renegotiated and inventory levels […]

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Procurement checklist for increasing operational efficiency

Procurement is a strategic function critical to an organization’s business objectives, with the right processes in place they can make sure operations continue as smoothly as possible all year round. Strong procurement processes can not only help you through challenging times, but also create a competitive advantage for your organization by allowing them to reduce […]

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Optimizing your purchasing processes to boost your deals

Find out how to free purchasing from repetitive and time-consuming processes, allowing them to focus on more business-critical operations.