Supply management : A guide to understanding everything
As we continue to move towards a 100% digital society, we need to find a way to tighten the reins on spending processes. Manual purchasing…
Procure to pay: a new term for optimising the purchasing process
The purchasing process can be complex, but if properly optimised, it can be a source of tremendous savings. A Procure to Pay solution…
What is a purchase request?
The purchase requisition is the starting point for the entire purchasing process. So it’s very important to understand what it’s…
What is e-procurement?
Digital technology has revolutionised the way in which work is traditionally organised within companies. As a result, many activities have…
All you need to know about the purchasing process
A company can only improve its operations if it has a clear view of everything it does. The purchasing process is a key point for any company…
How to lead a negotiation
Negotiations are an everyday part of business life, as they take place with all the stakeholders that make up the company: commercial…
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…
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.…
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…
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…
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,…
Optimizing the corporate purchasing process
An efficient organization is made up of a well-constructed purchasing process. An optimized purchasing strategy has a positive effect on the…
Adopting a risk analysis tool
The positive correlation between risk and purchasing is prompting companies to be extremely vigilant. Suppliers, supply chain, employees on…
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…
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…
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…
The benefits of a well-managed purchasing process
The purchasing process is the set of operations that enable a company to acquire the goods or services it needs to run its business. As we…
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…
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…
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…
Risks linked to the purchasing process: Identify, anticipate, manage
Risk management is one of the main tasks of a Purchasing Department. For example, setting up a risk map is one of the best ways to guarantee…
How to audit a purchase department?
Purchasing processes are essential for controlling risks, preventing fraud, guaranteeing savings and complying with regulatory requirements.…
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…