ArticlesArticles about e-procurement, spend visibility, growing revenues, the future of procurement and more
Engagement of potential trading partners in a buying and supplying ecosystem is essential if we are to ensure our businesses can trade during a pandemic.
This is the third article exploring the nature of category-based procurement. The first two articles covered Bespoke and Project-based procurement. Focusing by category allows optimisation of the supply chain for that specific category. Leveraging the knowledge and expertise of category specialists to develop a specific strategic approach to each category.
Project-based procurement occurs when there is a specific project activity and goal. This may be a project that repeats at regular intervals or it may be a one-off project.
The project could include volume purchases, small purchase volumes, standard items, specification of unique one-off items and tailoring of items based on individual projects. All included within any one project activity.
It is important for organisations to manage the process of sourcing bespoke requirements efficiently and effectively in order to minimise cost.
Why build procurement dashboards? If you spend a lot of your time analysing detailed data feeds and generating summary reports and trying to make sense of the information you get from different sources such as excel spreadsheets, ERP systems, accounting software, databases and manual forms then you could benefit from building procurement dashboards.
This article looks at the use of business to business Marketplaces and online catalogues to mitigate the people factor of any eProcurement process.
Claritum’s top ten 2020 predictions for Procurement
This infographic gives Claritum’s perspective on the Deloitte Chief Procurement Officer Survey 2019. Offering a viewpoint on some of the key findings.
In the market for a new eProcurement platform? We’ve compiled questions and answers relating specifically to addressing Indirect Procurement.
Tapping into Minority Owned Businesses, as part of your supplier network, has become an essential part of most organisations procurement strategies.
In many companies’ problems can arise when promotional goods are purchased by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers
Getting low cost spend (or Tail Spend) under control offers more benefit than you realise. Cost savings of course. However, reduced supply risk, time savings, better compliance and improved user satisfaction are all significant benefits to your organisation.
Direct and Indirect Spend cause a divergence within Procurement. With significantly different needs, spend profiles and challenges associated with them.
This article provides a condensed tabular version of the current Procurement challenges broken down by procurement domains (categories)
The number of employees procuring outside of any formal procurement structure is increasing. This increase driven by the many marketplace services available in the cloud and the ease of purchase and familiarity of these Marketplaces.