Negotiation tips by The Real Life Buyer
Learn How to Source’s provider of Negotiation tips is Dave Barr, The Real Life Buyer, and he has been a Purchasing Professional for over 20 years. It is now with this knowledge...
Author: Fredrik Axelsson
Provide forecasts to suppliers – the operative buyer
As the name suggests, operative buyers are responsible for the day-to-day purchasing activities of a company. These buyers are often in direct contact with suppliers and play a crucial role in ensuring...
The purchase order acknowledgment process.
In the day to day work of a procurement department, the purchase order acknowledgement (POA) is a critical process that ensures smooth and efficient business operations. When a buyer issues a purchase...
Indemnification clause in procurement contracts.
Within procurement, intellectual property (IP) breaches are important to manage and reduce risk. These breaches can result in significant financial losses for businesses, which is why it is essential to include an...
The Four-Eye principle enhance contract approval
In this blog post, we will discuss how The Four-Eye principle enhance contract approval as well as the importance of signatories and power of attorney.
Contract Review Document – a systematic support.
A Contract Review Document (CRD) is a structured way to assess and summarize how a proposed contract compares to your organization's standard model contract.
Performance warranty for professional buyers
n this blogpost we will explain performance warranty for professional buyers and explain what performance warranty is in relation to a supplier and a contract with a supplier. What is it, when is...
The Power of Expediting – a tool for operative buyer
But what happens when you're saddled with a supplier known for poor delivery performance? Enter the world of expediting and learn The Power of Expediting.
Applying the Principles of Corporate Governance in Procurement
When applying the Principles of Corporate Governance in Procurement transparency, accountability, fairness and ethical behavior is on the agenda.
Benefits of E-Procurement – improve your P2P.
Collect the benefits of E-procurement, which allows organizations to purchase goods and services through a dedicated web shop.