When a procurement mistake occurs, it can be an opportunity to learn how to do things better next time. To proactively prevent future mistakes in your organization, learn and grow from others’ mistakes.
3 Procurement Success Stories to Inspire Your Business Strategy
Studying the success stories of other procurement departments can give you a fresh perspective or an encouraging story to show just how much is possible.
Amazon Business: Still Leading the Game with its B2B Purchasing Platform
Amazon’s B2B procurement platform launched in April 2015 and has become increasingly influential in the procurement space with new features and innovation. As you may expect, it doesn’t look like its growth will slow any time soon. Learn more about this tool and whether it might help you improve speed to market for your stakeholders.
Reverse Auction: What It Is and Why Consider It
A major focus for procurement departments is cost savings and one way to do that is through reverse auctions. Find out what you need to know and how helpful reverse auctions can be to reach your cost cutting goals.
Outsourcing Tasks Could Benefit Procurement
There are dozens of procurement outsourcing groups out there just waiting to take on the not-so-fun tactical work…You may think it will cost too much to outsource or an outside resource won’t understand your business. In reality, many outsourcing companies are now equipped with DOsultants, not CONsultants…by nature the work should be completed more consistently and with higher quality.
Amazon Business: A New Way to Procure
Our analysts took a look at the Amazon Business platform to see how the ecommerce behemoth is attempting to make it easier for businesses to purchase products from one another to correct some of the current inefficiencies within the B2B procurement space.
If You’re Still Using Google for Category Research, You’re Doing It Wrong
Google will provide you with a ton of information within seconds. But, how do you know that information is accurate, unbiased and up-to-date? And more importantly, can you quickly find the category-specific information you need? If Google is your source for research, we’re here to tell you – you’re doing it wrong!
P-Cards: Managing Purchasing with Each Swipe
P-Cards allow organizations to control employees’ (i.e. cardholders) spending by establishing presets for different cardholders. Learn how P-Cards yield many perks for organizations, such as fewer invoices and faster payments.