Corporate Cost Reduction: a Stunning Way to Increase Your Savings

When it comes to corporate cost reduction and procurement strategy, you have several things to consider. First, is getting the best price on your indirect and direct spend – easier said than done. Second, is making sure.

Purchasing Cooperatives vs. Group Purchasing Organizations

Do you want better contracts and deeper discounts than what you're able to negotiate on your own? Then you’ve likely looked into joining a Group Purchasing Organization (GPO), or a Purchasing Cooperative (Co-Op). The.

Digital Procurement: How to Sell Your Team on the Tool You Want

“84% of procurement departments believe digitalization is the next step for their industry.” However, only “32% has created a plan for getting there” according to a recent Hackett Group report.  If you’re reading this,.

Strategic Sourcing: Fearless Procurement Leaders You Should Follow

Being a leader in strategic sourcing, means you're thinking not only about where your organization is, but where it should be. It means you're always keeping an eye out for the best procurement thought leadership,.

If You Travel for Business, You Need These Apps On Your Phone

It’s pretty ridiculous how dependent I am on my phone when I travel for work. In case I’d ever had any doubts, one fateful business trip proved it when my cellphone inexplicably died. I couldn’t find my hotel.

When Your Volume Is Too Small to Get the Contract You Want

You have a problem. A big problem. You’re a mid-sized business (aka anything smaller than a Fortune 500 company). As such, you need to make a variety of sourcing decisions. You have indirect spend and direct spend to.

How Do You Know If You Need Procurement Consulting?

No matter how good you are at your job, there comes the point where you have to wonder if outside perspective could help. After all, you’re only human. But how can you be sure if procurement consulting will actually.

Procurement Strategy: Purchase Direct Through Suppliers or a 3rd Party?

Is negotiating directly with the supplier always the best procurement strategy? When you’re considering how to best manage your contracts, you have two goals. First, you want to work with the best vendors. Second, you.

Corporate Travel Mistakes: How to Plan a Terrible Trip

My first experience with planning corporate travel was awful. I’d never planned a big company trip before, but I worked on a small team, so someone had to do it. Suddenly, there were all these details and decisions to.

The Role of the GPO in the Future of Procurement [Webinar Recap]

How can you streamline procurement? Can procurement even be effectively automated? These are questions everyone from CPOs to category specialists struggle with. Especially since you have to do more with fewer resources.

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