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

FEBRUARY 4, 2025

Added to this, it’s also becoming increasingly important that your procurement professionals have a strong level of financial acumen to carry out their duties effectively. Upskilling allows you to remain updated on industry shifts, emerging technologies, and best practices in what is now an increasingly regulated environment.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Skill Dynamics

JULY 19, 2024

This might seem straightforward, but a thorough assessment can uncover areas where you can consolidate purchases, standardize specifications or negotiate better terms. Before beginning, set clear procurement objectives, focusing on areas such as cost reduction, quality improvement, fostering innovation and risk management.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90