A buyer working with Know your suppliers process by setting up Google Alerts

Know your suppliers with a Google Alert

Know your suppliers with Google Alerts. In supply chain management, staying informed about the status and activities of your suppliers is crucial. Google Alerts, a free tool offered by Google, can be...

a purchasing manager recruiting a Category manager

Category manager – how to recruit – Case

When recruiting a new member to the procurement team, like a Category Manager, what skills and experiences are you looking for? The list of requirements and experiences can be quite long when...

Learn from Stephane Morel Transforming a Procurement function

Succeed in transforming a Procurement function in 5 key steps.

Transforming a Procurement function by fixing the organizational chart first…… never works! /// Stéphane Morel Too often, Procurement transformations follow a ready-to-fail pattern: Some parts of the organization can start their own...

a quality manager is reading a material certificate

Material Certificate for buyers – EN 10204 standard

To enhance the capability to define a product or service buyers refer to Standards in their Technical Specifications. In manufacturing, construction, and various engineering disciplines, the importance of material quality cannot be...

Force majeure clause in procurement contracts

A well know part is force majeure clause in procurement contracts, especially in light of the global pandemic and other unforeseen events that can disrupt supply chains. These clauses are designed to provide...

What is Category Management? Objectives?

“Sometimes I am told that category-based purchasing is only about “saving money”. It is a very limited perspective that does not capture the larger role that category management can, and should, play...

Understanding Waiver in Procurement Contracts

Waiver is a fundamental concept in contract law and you will also find waiver in procurement contracts. It refers to the voluntary relinquishment** or surrender of some known right or privilege. In the...

Liquidated damages in procurement contract.

The purpose of, in general, liquidated damages in procurement contract is to increase certainty and avoid the legal costs of determining actual damages later if the contract is breached. But what is...

Meeting with Mikael Ekinge at Siemens Energy.

Transcript from meeting with Mikael Ekinge at Siemens Energy in Sweden. Q: Two groups from Siemens procurement function tested the Learn How to Source 10-week basic procurement training course. What is the...

Procurement as new career suggested over a lunch

Path to procurement as new career might depend on managers.

Sometimes the road to procurement as new career is dependent on clever managers. Lena is going to quit, the man says to the woman with a worried expression. Two are having lunch...