How can new technologies improve the corporate procurement?
Before the introduction of e-procurement, a technology that centralizes a company’s procurement management, the purchasing function was generally managed by paper. With […]
The objectives of a purchasing policy
To properly manage its supply chain and purchasing management, a company needs to set up a purchasing policy. This consists of defining […]
7 common purchasing mistakes to avoid
Purchasing and supply issues can be costly, and even more so in these times of crisis. The proportion of uncontrolled purchases can […]
Procurement: finding the right method
Inventory management is a daily challenge for many companies. It completes the purchasing process and defines the company’s supply chain. What’s more, […]
Why is procurement a strategic business function?
Building a purchasing strategy is an essential step in the life of a company. The purchasing function is a growth lever that […]
How can digital procurement reduce hidden costs?
Over the past few years, digitalization has become an important part of companies of all sizes and in all sectors. Its positive […]
How do you manage purchasing in a company?
Purchasing enables a company to acquire the goods, products and services it needs to run smoothly. This department is responsible for a […]
Why is procurement and purchasing management important?
Purchasing and supply management play an essential role within a company. Although closely interwoven in a supply chain, these management methods are […]
What’s the difference between purchasing and procurement?
In the field of purchasing management, it’s common to hear the words purchasing and procurement as if they were similar terms. Although […]
The importance of the purchasing function in a company
The corporate purchasing function is an emerging concept no more than thirty years old. This means that academic knowledge is still relatively […]
What are the main objectives of the purchasing function?
To make overall company management easier, a good purchasing function needs to be put in place. This is a policy that includes […]