On-Demand Webinar Showing Appreciation for Your Procurement Department In this on-demand, recorded webinar, learn about ways that you can show your procurement staff the appreciation they deserve for the hard (and vital!) work that they do. It’s National Procurement Month after all, and it’s time to recognize our colleagues for their efforts. We’ll also share […]
Procurement Appreciation Webinar Read More »
Just as businesses and corporations of all types and sizes have taken advantage of the benefits and conveniences of purchasing card (P-Card) programs, so have higher education institutions. Some of the challenges and concerns of universities and colleges are identical to those of the business sector — but some are unique to higher education. Communicating
The Challenges of Higher Education P-Card Programs Read More »
Putting together a future-oriented procurement and/or sourcing strategy requires a lot of attention to detail. You want to minimize risk, but at the same time, you know that for change to happen, you need to take some risk. Maybe your sourcing process is based on price, delivery time, and availability, without much thought as to
A Forward-Thinking Approach to Procurement and Sourcing Read More »
One of the most important aspects of putting together a strategic sourcing plan at your organization is risk management, and proper identification of risk. While taking risk is a necessity in business, it’s important to eliminate needless risk factors that do not open any new opportunities for the organization. A solid strategic sourcing plan should
Risk Management in Strategic Sourcing Read More »
If you have spent a significant amount of time in the procurement landscape, especially public procurement, you are aware of supplier diversity efforts implemented to ensure that suppliers owned by minority groups are getting their fair share of business. These efforts seek to undo the historic underrepresentation that minority-owned businesses face. Supplier diversity in procurement
Supplier Diversity in Procurement: Diversifying Your Supplier Base Read More »
Sourcing strategies tend to fall under two major categories. The differences between the two are clear and well-defined, but there is less consensus about use cases for each of them. A lot of it depends on the exact organization, its goals, and directives from that organization’s C-Suite. In this blog post, we’ll define both tactical
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