Purchasing Articles

3 Strategies for Enhancing Collaborative Innovation with Suppliers

Guest Editor

(This article is an extract from a kodiakrating.com article and is published courtesy of kodiakrating.com) The old leadership adage: ‘You’re only as good as your team’ truly applies when it comes to optimizing the innovation, supplier collaboration can create and maintain. Read More

The 2018 EPIC Awards: Recognition of Those who are Evolving the Procurement Profession

Dennis Bouley

The EPIC Awards recognize and celebrate the most innovative, dynamic, and accomplished procurement leaders. This year, nominations will be accepted for Read More

ProcureCon Marketing 2017 Highlights New Sourcing Innovations

Dennis Bouley

Need to get updated on the latest trends, issues and solutions surrounding procurement and sourcing of marketing resources? November 28th – 30th is your chance. The 2017 ProcureCon Marketing Conference, held this year Read More

Automated Warranty Management Systems Drive Expense Reduction

Guest Editor

To cope with increasing market competition among manufacturers, only continuous innovation and better service delivery to the customers can assure success. For both buyer and seller, it is equally important to curb expenses by Read More

The Ideal Recipe for Successful Zero-Based Budgeting Implementation

Guest Editor

Meticulous budgeting has always played an important role in efficient allocation of resources in the business world. The most common budgeting method used by organizations Read More

The Live Negotiation Part 2: Setting Your eAuction Up for Success

Guest Editor

After thoroughly considering the spend category, you’ve decided to run an eAuction. The next step in the process is determining your move forward strategy. Think of the process almost as a multiplayer board game and you’re the game master. It is your responsibility to Read More

Who in Procurement Can Mine the Benefits of Digitization and Big Data?

Guest Editor

Predictive analytics is a discipline that identifies stable patterns in data, which can in turn be used to try to predict future events. Early adopters believe it will Read More

Visual Management 101 – Visualizing Business Processes to Drive Efficiency and Oversight

Guest Editor

Business leaders often throw around the term ‘Visual Management’ as a core part of the lean manufacturing philosophy. However, despite touting the importance of Read More

The Live Negotiation Part 1: Should you run an eAuction?

Guest Editor

In 2017, technology is King. Whether you’re part of an in-house procurement team, or utilizing the services of a third-party procurement provider, Read More

Efficient working capital management: How some are doing it right

Dennis Bouley

Working capital is a measure of both a company's efficiency and its short-term financial health. Top performers in managing working capital now collect from customers over two weeks faster, pay suppliers Read More

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