Procurement strategies Project management supply chain budgeting 
SCMDOJO
FEBRUARY 26, 2025
Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). What is the Cost Performance Index (CPI)? A CPI of 0.83
Skill Dynamics
JANUARY 14, 2025
Finance and Cost Management Being able to efficiently and effectively manage and control procurement budgets and general costs will lead to stronger financial control across your business , increased cost efficiencies, and a better allocation of resources, which allows you to enhance profitability and improve your team.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Procurement Tactics
JULY 4, 2023
Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. The model is also used to compare the actual cost of production to the estimated cost and to identify areas where costs can be reduced.
Procurement Tactics
OCTOBER 18, 2022
Additionally, it allows managers to build better relationships with suppliers based on the importance of each supplier. . SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. .
Procurement Tactics
NOVEMBER 28, 2022
If you do not have visibility of the spending of your entire company, then implementing a cost-effective strategy would be next to impossible. . Developing a cost management system optimizes your supply chain to lower your cost through domestic purchasing and other methods. .
World of Procurement blog
APRIL 23, 2024
With a myriad of challenges specific to construction, understanding how to navigate the procurement process can make the difference between a project's success or its downfall. What makes procurement in construction unique is the high level of customization required per project.
World of Procurement blog
APRIL 23, 2024
With a myriad of challenges specific to construction, understanding how to navigate the procurement process can make the difference between a project's success or its downfall. What makes procurement in construction unique is the high level of customization required per project.
Expert insights. Personalized for you.
52 
Let's personalize your content