Skill Dynamics

JULY 19, 2024

The Foundation of a Successful Procurement Strategy To put it simply, a procurement strategy is a plan that outlines how an organization optimizes its external spending, manages its various supplier relationships, and maintains streamlined internal processes to support cost-effectiveness and generate efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Una

MARCH 6, 2024

This is super handy in industries where workloads can change in a snap, like customer support or software development. Being able to adapt fast keeps businesses agile and ready for whatever the market throws their way. Market Analysis Outsource the analysis of market trends, supplier market intelligence, and finding new suppliers.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52