Why is having a procurement strategy so important? The key benefits are that it helps you reduce costs and deliver greater sourcing value. Which when you’re a procurement professional, is always a top of mind goal. But.
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.
Who doesn’t like earning reward points? Every savvy explorer wants to find better discount business travel rates and cash back programs. The problem is, it can be especially challenging to find the best corporate hotel.
You probably have a tail spend problem. In other words, you are spending a lot more money and time managing the “extras” of your business than you realize. Any good procurement professional focuses on managing direct.
It seems impossible that 2018 is over. Between expanding the team, experiencing record revenue growth, and receiving awards, it's flown by. None of it would have been possible without you, our clients and followers,.
96% of companies fail in ten years, and less than 1% of businesses ever exceed 10 million in revenue. Not surprisingly, one of the top reasons is leadership. A couple of weeks ago I had the chance to present to a group.
You're always looking for out-of-the-box ways to innovate, improve efficiency, and reduce costs, but one solution you've probably never even heard of is partnering with a group purchasing organization. According to.