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…
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…
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.…
Adopting e-purchasing software for your business
Corporate purchasing generally involves setting up a purchasing file with physical transactions, usually on paper. However, the Internet and…
The memento for young buyers
The buyer ‘s first task when joining a company is to adapt successfully to the new environment. Understanding and analysing the history…
Purchasing Processes Mapping: a strategic tool
The current economic climate, marked by increased competition and a quest for continuous innovation, is prompting companies to equip…
What is a Punch Out system?
Have you ever heard the term ‘Punch-Out‘ in the course of a heated discussion with your fellow buyers? That sweet word…
Spend management during a recession: the keys to success
In today’s uncertain economic climate, it’s more important than ever for businesses to be proactive in preparing for potential…
What is spend visibility and how to increase it?
Most finance managers understand how crucial it is to be financially aware in a growing organisation. Studies show that only 55% of businesses…
How does Purchasing Management works ?
A huge subject! It must be a significant part of a Purchasing Manager’s workload! Like any manager, there is first and foremost his or…
E-procurement: all you need to know about electronic procurement management
As time goes by and technology advances, e-procurement or e-procurement solutions are growing in popularity among businesses in all sectors.…
The ultimate guide to digitising purchasing and procurement
With the Covid-19 pandemic, 2020 has been a testing year for the vast majority of businesses. Indeed, for many of them, the digitalisation of…
Corporate purchasing management: everything you need to know
The vast majority of companies are focused on their sales, and therefore on sales growth, which is essential to sustaining a business.…