8 Useful Features in ERP Procurement Modules
Enterprise resource planning (ERP) systems are one of the organizations’ most critical tools...
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...
Features You Need in E-Procurement Software
The procurement life cycle has a touchpoint in nearly each and every aspect of an organization...
What is Meant by Intelligent Sourcing?
The coronavirus pandemic has revealed major weaknesses in the retail supply chains of numerous...
Why Use Electronic Invoice Management Software?
Do you know how much time it takes to process an invoice manually? From the day the invoice is...
Why Procurement and Supply Chain are Smarter Together
There is a tad bit of skepticism about the amalgamation of procurement and supply chain...
What is a Supplier Catalog and What Purpose Does it Serve?
What is a supplier catalog and what purpose does it serve? Catalogs, as we will see in the...
What is Supplier Management? Why and how is it Implemented?
Any marketplace is going to be influenced by the dynamic that develops between buyers and...
What Are the Main Functions of E-Procurement Services?
As the world continues to recover from the devastation of the COVID-19 pandemic, society as a...
Five Myths (and Realities) About Zero-Based Budgeting
When it comes to business management and organizational operation finance, accounting, and...
What Is Accounts Payable? What Is the Process and What Is Included?
Accounts payable. The part of the procurement process that most departments love to hate. But what...
Guided Buying and Its Benefits in Procurement
In many organizations, if an employee needs something, even something simple like more sticky...
Advantages of Negotiation in Procurement
“Never take the first offer” is one of the first lessons you’ll learn in a negotiation or...
Strategic Supplier Relationship Management
Building an agile supplier relationship is nearly impossible without the right management...
