Skill Dynamics

FEBRUARY 4, 2025

Purchasing decisions have a direct impact on a companys bottom line, so procurement workers need to understand basic principles such as cost analysis, budgeting, and return on investment (ROI). Sustainability and Ethical Sourcing Ethical considerations now need to be made at every level of the procurement process.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Skill Dynamics

DECEMBER 18, 2024

Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Not only will it ensure that you comply with regulations, but it will also help you maintain operational effectiveness throughout your procurement chain.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Skill Dynamics

JULY 19, 2024

An increasing focus on areas such as sustainability — driven by both regulatory and consumer pressure — is forcing procurement strategies to change. Environmentally friendly practices, such as ethical sourcing or moving towards net zero, are now not just preferred but expected.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90