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…
Why should we take a closer look at sustainable purchasing?
In 2023, environmental concerns are becoming increasingly important. At every level, actions can be taken to promote sustainable development…
Direct and Indirect Procurement: what are the differences?
Can a bakery produce bread without flour or salt? Or without adapted kitchen appliances, utensils and fittings? Of course not! To run a…
Adopting a risk analysis tool
The positive correlation between risk and purchasing is prompting companies to be extremely vigilant. Suppliers, supply chain, employees on…
Creating an effective purchase order
No matter what anyone says, the purchase order is a useful tool for making a purchase intention concrete, especially as it provides security…
8 warning signs of poor procurement management
Whether you’re a traditional SME or a large company with a purchasing department, the risks inherent in purchasing management are…
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…
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 a set…
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 account…
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…
Supplier sourcing: the strategy for successful purchasing
A truly strategic function, purchasing can account for up to 60% of a company’s sales, depending on its activity. The buyer or purchaser…
The supplier short list: a valuable ally!
Faced with the multitude of offers available on the market, a phenomenon accentuated by the globalization of the Internet, it’s not…
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 serves to improve…
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 effects are no…
How to create a good supplier panel?
Suppliers play an essential role in bringing new products to market, from the planning stage right through to the launch of your product.…
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 wide…
7 tips to improve your supplier relationships
The relationship with your suppliers is one of the most important aspects to consider when optimizing your company’s performance.…
Key steps in the order management process
Purchase orders play an important role in corporate purchasing control. In this article, we’ll define what a purchase order is, describe…
Supply Order Form: several objectives
As a company customer, you’ve probably been asked to use a purchase order to make a purchase. Primarily used to secure a sale, the…
6 advantages of competing with several suppliers
In the cut-throat world of business, suppliers are key partners in your company’s success. They provide the raw materials and services…
How to conduct a supplier audit ?
Supplier audits should be carried out as regularly as possible, 1 to 3 times a year. It enables you to check the quality of their services,…
What is Supply Base Reduction (SBR)?
It’s common to hear from suppliers during negotiations: “Business volume is too low for you to benefit from larger discounts or…
How to improve supplier tracking?
Managing the procurement processes of companies with large purchasing volumes is quite a challenge. With a considerable number of partners and…
What is the Purchase Requisition process?
The very first step in the purchasing process: the creation and submission of a purchase requisition for approval. This step is the foundation…
What is Factur-X?
In its 2020 Finance Act, the French government decided that electronic invoicing would become compulsory for B2B transactions between French…
What’s a purchase order?
The purchase order is familiar to all companies that purchase products, goods and services. This document is a key element in a…