Enhancing Relationships with Suppliers
Suppliers make up an important part of any organization’s procurement strategies and methodologies and every procurement professional wishes for the...
online procurement software
Best Practices in Procurement – Part Two
Continuing from last week, here are some more best practices in procurement that you can implement at your workplace. A...
Best Practices in Procurement – Part One
Today, procurement is an important strategic function that supports nearly all of the organization’s business operations and has an impact...
Best Practices in Supplier Management
Supplier relationship management is one of the most important mandates of the procurement function of any organization, part of which...
How Software Improves Visibility and Why it is Important – Part Two
In the previous post, we looked at the importance of visibility and how software allows organizations to have complete visibility...
Benefits of Reverse Auctions for Buyers and Sellers – Part Two
In the second part of this post, we’ll continue where we left off and see some more benefits of reverse...
Benefits of Reverse Auctions for Buyers and Sellers – Part One
Reverse auction, the process by which an organization purchases its raw materials or supplies, is being adopted by more and...
Rooting Out Procurement Fraud – Part Two
In a previous post titled ‘What Hercules’ second labor teaches us about procurement fraud,’ we equated procurement fraud to Hydra,...
What Hercules’ Second Labor Teaches us about Procurement Fraud – Part One
Before we get into procurement fraud and what we can learn about it from the second labor of Hercules, let’s...
