How an Effective Category Strategy Can Improve Procurement
The reason that local phone numbers are seven digits is actually psychological and scientific. The...
What is a Dutch Auction?
Auctions are a pillar of procurement. There is a wide variety of auctions that are used in...
AI is Changing Sourcing and Procurement
Technology inherently advances technology. This is a concept that results in an exponential growth...
How to Choose a Procurement Service Provider
Are you looking to streamline operations, improve procurement delivery, and generate savings? If...
How to Effectively Manage Business Spend
The phrase, ‘you have to spend money to make money’ is sort of a constant in the business world....
5 Types of Supplier Management Tools That Make Life Easier
The procurement landscape has changed a lot since the onset of the coronavirus pandemic. Chief...
Agile Procurement: What It Is and How to Implement
Are you looking for ways to improve your procurement strategy in 2021? There is no doubt that we...
How to Manage Vendor Information Effectively
2020 flew by as fast as it arrived. However, unlike years past, 2020 left a mark. Not just an...
Three Source to Contract Steps for Better Contract Management
After enough observation, a pattern emerges among structures, natural ecosystems, scientific and...
What Does the Future of Procurement Technology Look Like?
The procurement industry is changing at a fast pace owing to the rapid development of new...
Source to Contract: What does it mean?
Language is one of those mysteries of life that we might never truly understand. Naturally, it’s...
What is RFP?
What is RFP and what does RFP stand for? To those new to the procurement industry, RFP sounds a...
What is RFI?
Request for information (RFI) is a prevalent business practice in the procurement industry. It...
How to Practice Compliant Sourcing
The procurement process is truly a comprehensive and fully integrated one. It is one of the...
What is Category Management?
Procurement solutions, while basically universal, are also extremely unique from business to...
What is Supplier Management?
Ensuring raw materials are available as and when they are needed in a timely fashion is one of the...
Choosing the Right Source To Pay Procurement Software
Something entrepreneurs, business professionals, and trendsetters all understand is that nearly...
The Types of Auctions in eCommerce Used in Procurement
“Going once, going twice, sold – to the gentleman in the grey cap!”. Okay, not quite....
What is an ERP System?
What is an ERP system? How can it boost your business operations and just how does it work?...
