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9 Innovative Purchasing Concepts

Una

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.

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The Basics of Group Purchasing

Una

The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. The basics of group purchasing. Benefits of working with a group purchasing organization. By Mackenzie Oakley | January 5, 2023.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Conversely, some Procurement departments have discovered that non-strategic suppliers, or even tier two suppliers, offer them innovative solutions to alleviate the shortage. Learn to manage and control your suppliers to improve your purchasing efficiency and expand your supplier base. . Learning from Supplier Relationships.

Suppliers 246
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What Exactly Is Procurement? And What is Purchasing?

Supply Chain Game Changer

But the job titles that he had during his career alternatively included either the word Procurement or the word Purchasing. When I was young I thought I had a somewhat clearer understanding of what my Dad’s Purchasing job was. But was that Procurement or was it Purchasing? And what is Purchasing? Purchasing .

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Managing risks, priorities and talent: Nestlé’s approach to the polycrisis

Procurement Leaders

“The last couple of years have really shown businesses the value of procurement – and not just as a purchasing function/PO function, but the strategy of procurement and the value we bring in managing risk,” she says. “For me, the biggest challenge is whether we have the right people,” she says.

Risk 246
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2024 planning: Supporting growth by expanding strategic procurement and optimising operating models

Procurement Leaders

By benchmarking leading organisations alongside others, Procurement Leaders’ Strategic Planning Guide 2024 research reveals the measures procurement chiefs can take to ensure their functions perform at the highest possible level.

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Episode 77: Manufacturing Macrotrends and the Metaverse with Minesh Pore

Una

Minesh has over two decades worth of experience leading multinational organizations in Intraprenuership, corporate transformation, business development, and strategic planning. Do you have questions about group purchasing? Wondering how a group purchasing organization can help you save money, time, and effort? Highlights.