Increase Speed to Market
Rapidly gain knowledge and expertise across 1,000+ categories and reduce time spent on research and information gathering. Use these time savings to deliver on stakeholder expectations and allow staff to spend more time on strategic activities.
Achieve Cost Avoidance Goals
Go beyond project-based cost savings and create a cost avoidance strategy that will evolve with you, year after year. Calculate total cost of ownership, leverage buyer and supplier power balances and employ strong negotiation tactics to meet your targets.
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Train Staff and Reduce Loss of Knowledge
Quickly and efficiently train employees on new or unfamiliar categories. Plus, ensure that institutional knowledge doesn’t walk out the door when employees leave by embedding category information centrally within your department.
Better Engage with Internal Stakeholders
Collaborate with stakeholders on sourcing decisions and bring value to conversations across more than 1,000 categories, allowing you to build trust between departments so you can be seen as a trusted advisor.
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.