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…
How to pick the right Stock Management Software?
In the professional world of business, each tool used must be chosen according to very specific criteria. When it comes to inventory…
Purchasing and spend management: how to control the expenses?
Most companies find it difficult to control costs and expenditure. In an economic or health crisis, controlling them becomes a major…
What is source-to-pay (S2P)? How does it differ from Procure-to-Pay (P2P)?
S2P, P2P, S2C, I2P… these are all “barbaric ” terms for the uninitiated in the world of purchasing. And even for the…
Create a supplier partnership for better performance
Organisations with advanced purchasing capabilities understand that focusing on the price of the items and services they acquire has limits on…
How can good accounts payable management improve business growth?
Accounts payable is not often at the heart of a company’s concerns. Very few are even aware of the issues behind this concept, which is…
How to manage supplier risk?
Supplier risk management is a rather complex task, but one that is essential to the sustainability of a company’s supply chain. Without…
Business management: the importance of optimising your purchases
Purchasing management is increasingly becoming an essential strategy for ensuring the smooth running of a business. When properly optimised,…
How can you optimise invoice processing in your purchasing process?
In order to control your accounts payable, you need to have visibility of your provisions and the will to optimise your purchasing process.…
Why should you optimise supplier invoice management?
One of the most important aspects of supplier management is the invoicing stage. Although some companies still pay too little attention to…
Why integrate contract management into purchasing management?
Managing supplier contracts is a key issue for companies. It enables them to be preserved and provides visibility over their life cycle. They…
Implementing a responsible purchasing policy
With the new regulations on sustainable development aimed at companies in the public sector, it is necessary to undertake a transformation to…
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.…
How do you analyse a company’s purchasing and logistics processes?
Quality and continuous improvement requireanalysing the performance of a company’spurchasing and logistics process. This ensures that…
How do you create a corporate purchasing policy?
The purchasing policy should be put in place by the company’s management as soon as possible after its creation. It defines the…
What is responsible purchasing and supplier relations?
In a CSR purchasing approach, all stakeholders are involved. Companies wishing to introduce a responsible purchasing policy must inform their…
5 steps to develop an SRM strategy
How do you manage your relationships with suppliers? Do you do it manually or have you initiated your digital transformation? Are you familiar…
Set up an optimised validation circuit
When they think of success, many companies focus on revenue. They vary their distribution channels, multiply complex tools or invest in…
Why are we now talking about digitalising the purchasing process?
In recent years, the use of IT tools and digital solutions has become increasingly standardised. All professional fields and all business…
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…
How to assess your purchasing function?
The objective of every company, whatever its size and organisation, is to generate profits and run a profitable business. Calculating the…
Supplier relations in business: a lever for growth?
Companies need two types of partner to carry out their activities successfully. These are customers and suppliers. A company’s success…
How long does a corporate purchasing process take?
It is essential for a company that the purchasing process takes place under the best possible conditions. To ensure that this is the case,…
How can you increase margins by cutting costs?
What do you think is more important? Your sales or your sales margin? If you’d like to find out why sales margin is more important than…
4 steps to a successful sustainable purchasing strategy
In business, defining purchasing strategies is a good way of improving overall performance. This same strategy can be a more powerful lever if…
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.…