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The Big Interview with Lorna Baker

Procurement Heads

The thing I’m most passionate about is ensuring that we, as buyers, are ensuring the company uses the money and resources we’ve got in a way that benefits our customers and wider society so that we can get true value for money. What are you most passionate about when it comes to procurement?

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5 Procurement Industry Trends to Watch in 2025

Arkestro

It streamlines the entire procurement process by centralizing and automating interactions between buyers and sellers. In a nutshell, e-procurement involves buying and selling supplies, equipment, and services over the Internet. E-procurement uses networked systems and web interfaces for supply chain operations.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Following a forecast to suppliers, a Tier-1 supplier collaborates with its suppliers—Tier 2 for the buyer—to obtain critical components for producing products and/or services. The strong handshake made with Tier-1 in the initial onboarding phase—complete with profile information—makes collaborating with first-tier suppliers easier.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. Leverage e-procurement tools and online auctions to obtain competitive bids and pricing. Purchasing interacts mainly with suppliers.

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Top Strategies for Efficient Parts Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

With Finale Inventory, you can bid farewell to the complexities of inventory management and embrace a streamlined approach that empowers you to stay on top of your inventory at all times. Happy customers are more likely to become repeat buyers and refer your business to others.