a buyer in Stockholm being identified having conflict of interest and about to be collected by guards

Conflict of Interest Explained

In the day to day activities of procurement and supply chain management, maintaining ethical standards and integrity is paramount. A concept that often emerges at the forefront of these discussions is the...

Direct and indirect procurement explained

Direct and indirect procurement are crucial aspects of an organization’s purchasing activities, each playing a distinct role in the business’s operations and strategic goals. Understanding the differences between them is essential for...

engineers and salesmen in Stockholm considering change career to procurement using LHTS 10 week program

Change Career to Procurement, This is How.

Change Career to Procurement! Are you considering a career pivot? If so, procurement offers a dynamic, rewarding path where the skills and knowledge you’ve already honed in your current profession can significantly...

Sustainable Procurement. Buy Local, Shop Small: A Big, Global Impact!

The United Nations Sustainable Development Goals (SDGs) are 17 goals, covering every triple bottom line (people, planet, prosperity) aspect of sustainability and help organizations drive Sustainable procurement. These Global Goals are broken...

Two buyer summarizing Cost Reduction in Procurement from their lastest sourcing event

Cost Reduction in Procurement explained

Cost reduction in procurement is not just about trimming expenses—it’s about adding value and bolstering the company’s financial health. As a vital Key Performance Indicator (KPI), cost reduction can be nuanced into...

I failed at Supplier Relationship Management

After my first 18 months in Indirect Procurement, I moved to Direct Procurement; and, at the age of 24, I had the huge opportunity and responsibility to run my first real supplier...

A businesswoman explaining risk management to her colleague

Explaining risk management in procurement

This blogpost is explaining risk management and provides examples of risks a procurement professional may meet when managing a Supply Chain and the suppliers involved. Explaining risk management – definition Risk management...

two businesswomen frustrated about all Procurement Abbreviations

Navigating the Alphabet Soup: A Guide to Sourcing and Procurement Abbreviations

I asked two former students to log Procurement Abbreviations during their first days as a professional buyers. This is the result /// Fredrik These are the words from one of the students: “My...

Podcast Procurement Learning with Dave Barr and Fredrik Axelsson

Podcast: Integrate Procurement Learning

PODCAST Real Life Buyer April 2022 In March 2021 Fredrik Axelsson celebrated 25 years as a Procurement professional. During his career he has held roles as an Operational Buyer, Category Manager and...

Tactical procurement based on van weele model

Tactical procurement – sourcing and supplier management.

Many times you see the description Strategic buyer where the tasks consist of sourcing and supplier management, activities Learn How to Source allocated to Tactical procurement role. Due to the sprawling descriptions...