April 1, 2022
Category Management for Procurement
Category Management is a strategy that seeks to divide items for their types before negoatiating…
April 1, 2022
Tail Spend: What it is and how to manage?
Tail Spend is the cost of purchases that take most of the transactions of a…
March 31, 2022
What is Slow-Moving Inventory? How can you identify it?
Slow-moving inventory can prevent cash-flow and occupy space on warehouse that could be used for…
March 25, 2022
What is Service Level Agreement? Why you need one?
Service level agreements are typically a contractual agreement between the customer and the service provider.…
March 24, 2022
What is Customer Service Level? How to define it?
Customer Service Level is an inventory technique to maintain all clients satisfied and happy. Learn…
March 23, 2022
Relevant Costs: How they impact operations?
Relevant Costs are the changes in costs that happen when you make a decision for…
March 18, 2022
Procurement Trends for 2022: 5 Predictions
Procurement trends for 2022 is mostly related to the impact of technology on the profession.…
March 16, 2022
Purchasing Planning: How to develop your strategy
Purchasing planning is a good way to increase efficiency and profitability in your company. Learn…
March 11, 2022
Forecasting Prices: Understanding the consumer
Forecasting Prices is a good way to increase market advantage and profit. Do you know…
March 10, 2022
Supplier Risk: What is it and how to manage?
Supplier Risk is one of the most important aspects of procurement's operation. It eliminates mistakes…
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