Category: Procurement

16
Jul
calendar_today Jul 16, 2020 person William Crane label Procurement

Manufacturers across industries are feeling the fragility of their supply chains and time isn’t on their side when it comes to making adjustments. Luckily, newer “smart” supplier search software is proving to be a powerful tool to shorten sourcing timelines.

25
Feb
calendar_today Feb 25, 2020 person Andy Tankanow label Procurement

Procurement departments should clearly define a mutually agreed upon approach to calculating cost avoidance with other departments such as finance and corporate leadership to fully realize its value.

4
Feb
calendar_today Feb 4, 2020 person Andy Tankanow label Procurement

A good scorecard should be easy to maintain, engaging to suppliers while giving them a voice, and rewarding to good performers based on objective data collection. Here are three tips we recommend to improve yours.

26
Dec
calendar_today Dec 26, 2019 person Justin Coffin label Procurement

Indirect spend items provide a massive opportunity for an organization to reduce costs. Use these three strategies to eliminate waste using minimal resources.

18
Dec
calendar_today Dec 18, 2019 person Chris Walling label Procurement

Companies target low-volume programs to provide more of the mass customization consumers demand. Use these six tips to take down common low-volume sourcing challenges.

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