April 13, 2022
Procurement Terms you need to know
Procurement terms you need to know. Understand the terminology is important to understand business. Learn…
April 8, 2022
Indirect Spend in Procurement: Definition and Impacts
Indirect spend is concerned with procuring products that support a company's operations, but are non-essential.…
April 7, 2022
Supplier Diversity: Why you need it?
Supplier Diversity will make your company more innovative and active while helping the community and…
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 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 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.…