Purchasing Process: 10 key steps
Although all companies are involved in purchasing, the vast majority have yet to adopt a purchasing process for their business. What is a…
Supplier Contracts: Key Clauses, Risks & Management Best Practices
Managing supplier contracts is a critical issue for any company looking to secure its commitments, optimize costs, and manage risks. A…
Supplier Invoice Requirements: Legal Obligations and Best Practices
Supplier invoices are essential documents in procurement processes. Their validity depends on the inclusion of specific legal information, as…
Free Procurement Software Evaluation Template (Excel & Google Sheets) – Make Smarter Digitalization Decisions
Free Procurement Software Evaluation Template Excel & Google Sheets Make Smarter Digitalization Decisions Centralize and compare…
Supplier Contract Repository Template to download
Download Your Free Supplier Contract Repository Template (Excel & Google Sheets) Increase Efficiency in Your Supplier Contract Management…
Safety stock: a bulwark against uncertainty
In the complex world of inventory management, where demand variability and supply chain hazards are commonplace, safety stock is a bulwark…
Sleeping stock: a silent enemy for your business
In the complex world of inventory management, there is a scourge that stalks companies of all sizes and in all sectors: sleeping inventory. A…
Active inventory: best practices
At the heart of stock management, active inventory plays a vital role in business performance and profitability. Also known as current stock…
The different types of stock: how to manage them effectively
Inventory management is a key element in a company’s performance, whatever the nature of its business. Effective inventory management…
Inventory Carrying Cost: the Achilles’ heel of your supply chain
The cost of stock holding (Inventory Carrying Cost), also known as the cost of storage, is a key indicator that can make the difference…
Optimize your lead time to improve stock rotation
Optimising lead times is an essential component of stock management for businesses. Shorter lead times can improve stock turns, reduce storage…
How to calculate and optimise your stock rotation?
The stock turnover ratio is a relevant indicator for assessing a company’s stock management. It indicates the frequency with which your…
What is inventory management software?
Inventory management software is an essential IT solution for businesses. It enables warehouses or storage facilities to be monitored, managed…
Excel Inventory Template to download
Excel Inventory Template Download in .xls format “Inventory management is a crucial element for any company seeking to optimise its…
Make or Buy: The Eternal Dilemma
Who hasn’t heard of Make or Buy, an American theory that is often rhetorical when applied to oneself, but which takes on its full…
Increase your company’s productivity with the 5S method
How can you ensure the development of your business ? First of all, give your employees all the resources they need to do their jobs properly…
Measure your Purchasing Performance for strategic management
Isn’t the purchasing department the beating heart of any company’s strategic development? Optimised management of their activities…
When should you outsource your procurement process?
There’s no better way to boost your company’s profitability than to adopt a better purchasing policy! The whole process needs to…
How to choose your Procurement KPIs & Metrics?
There are many events that can turn the life of a company upside down. You need effective strategies to deal with them, increase profitability…
Year-end discounts and supplier negotiations
At the end of the year, maximising profits and minimising costs remains a constant objective for all businesses. One effective way of doing…
Implement an effective purchasing policy for your company
In an increasingly competitive economic climate, implementing an effective purchasing policy is essential to optimising expenditure and…
Improve your project management with the Kanban Method
Have you heard of Scrum? A project management tool based on task visualisation? If the answer is yes, then you’ll have no trouble…
Purchasing strategy: best practices
Are you a purchasing manager looking to improve your company’s efficiency and profitability? In a context of intense competition and the…
Achieve your goals with the Kaizen Method
Setting an ambitious goal and trying to achieve it quickly is a common mistake in entrepreneurship. Trying to change things quickly increases…
Lean Logistics to boost your supply chain
Logistics management is never an easy task, especially when orders are peaking. So how do you satisfy customers while keeping costs down? This…
E-sourcing or E-procurement ?
The use of IT tools has made it possible to improve purchasing management and the procedures essential to the smooth running of the company.…