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…
What is Supplier Relationship Management (SRM)?
Today, suppliers play a vital role in a company’s product development and operations. They are the pillars of the company’s…
What you need to know about customer-supplier relations
Companies have three main types of relationship. Firstly, the customer or consumer relationship. This type of relationship is very well known,…
Which tools for good supplier management?
One of the main concerns of many companies is supplier management. Procurement management processes are often long, cumbersome and chaotic,…
Understand how the purchasing validation circuit works
The purchasing validation circuit is a process which enables a document or information to be circulated for approval by a superior, or by one…
The benefits of good customer-supplier relations
Suppliers are a company’s primary sources of supply for products and services. They are the key to the entire supply chain, no matter…
What does a purchase order contain?
With the digitization of companies, many documents have been dematerialized, such as purchase orders and invoices, to name but two. This…
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…
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…
Create your supplier database
At Weproc, we understand the importance of having a well-organized supplier database. As a procurement professional, you rely on this…
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…
The challenges of supplier relationship
The supplier relationship is a strategic issue in the purchasing process. Maintaining good relations with suppliers is a source of growth for…
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 the various…
Expressing your needs: the key to a good purchasing process
A successful expression of needs is certainly one of the best ways to work efficiently within a company. This work leads to the definition of…
The risks of a poor supplier invoice management
According to a survey by Wax Digital, 60% of corporate accountants and finance staff hate dealing with supplier invoices. 70% of them find…
How can I analyze the offers received from my suppliers?
To optimize your company’s performance, you need to control your purchasing. Your bottom line is built from the moment you buy. But you…
5 key criteria for evaluating your suppliers
In any supplier evaluation, whether of a new or existing supplier, it’s important to measure the company’s production capacity,…
How to audit a purchase department?
Purchasing processes are essential for controlling risks, preventing fraud, guaranteeing savings and complying with regulatory requirements.…
How to analyze your supplier purchasing cycle
How much your company spends on doing business, and how often, plays an important role in its overall success. With the transformation of cash…
What’s the difference between a purchase order and a delivery note?
The processing of a supplier order includes a multitude of commercial documents such as quotations, invoices, purchase orders and delivery…
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…
The different types of risk for your purchasing process
Purchasing is closely linked to risk. Indeed, behind the purchase of a service there are many issues at stake, which constitute the main…