What is the Difference Between Strategic Sourcing and Contracts?
What is contract sourcing? Well, sourcing and contracts go hand-in-hand. You can’t have one...
7 Benefits of Procure-to-Pay System
Procurement technology comes in many different shapes and forms. However, the main goal of most...
3 Supplier Management Strategies That Drive Results
Do you need a new supplier strategy? Are you tired of so-called ‘best supplier strategies’ that...
5 Critical Supply Chain Risk Mitigation Principles for Sourcing
Are you thinking of developing a new sourcing risk management plan? Wondering how to better...
Supplier Management Process: What It Is and How to Excel at It
There are two sides to every coin, and opposite the buyer is the supplier; one truly cannot exist...
How to Improve Strategic Sourcing with Category Management
The strategies and tactics that procurement professionals develop and choose to implement often...
What is a Supplier Portal?
Is there a cost-effective way to effectively manage a supplier database? Procurement teams are...
The Ultimate Guide for AI in Procurement
Artificial intelligence always has been, is still, and possibly always will be a very hot topic....
8 Useful Features in ERP Procurement Modules
Enterprise resource planning (ERP) systems are one of the organizations’ most critical tools...
Digital Sourcing: Digital Solutions for Procurement
How has technology impacted procurement and sourcing in the supply chain? Technology has...
What is Contract Lifecycle Management (CLM)?
When it comes to business operations, it makes sense that many aspects of running a business turn...
Benefits of Category Management in Supply Chain
During the COVID-19 pandemic, global and domestic supply chains were stressed harder than ever,...
How to Improve Your Procurement with Category Profile Sourcing
According to Gartner, the typical requisition-to-order cycle time for simple categories is just...
4 Key Procurement Technology Trends to Watch out for in 2021
Every industry and market space goes through constant evolutions. Consider the state of the stock...
Buying Channel Strategy: The Secret to Ending Procurement Value Leakage
How can you plug the value leaks in your buying channels procurement? When procurement teams are...
3 Ways to Succeed in Category Management
What does it take to be successful with category management? How can procurement managers know...
5 Best Practices for Effective Supplier Information Management
We all know the age-old service statement that goes, “the customer is always right.” Well, in...
Spend Management – What is it and how is it Changing in 2021?
Money makes the world go round. While this statement may be a little reductive in its nature, it...
6 Benefits of Supplier Performance Management
Today’s supply chains are robust, global, and dynamic. Companies are relying more and more on...
