Understanding Supplier Relationship Management (SRM)

Introduction: Supplier Relationship Management (SRM) is a concept in modern procurement and supply chain management. For junior buyers in training, understanding SRM is one step of many to managing suppliers effectively and adding...

Category Management in Facility Management: Strategies for Success and Innovation

Introduction: The Importance of Category Management in Facility Management Facility Management (FM) is a broad spend category encompassing the services and resources that keep buildings and workplaces running – from cleaning and...

Guide to Clear and Persuasive Procurement Report Writing

Understanding Your Audience and Purpose Effective persuasive procurement report writing begin with a deep understanding of the audience and the report’s objective. An internal procurement or sourcing report might be read by...

General sourcing process and assessing current situation in step 2

Sourcing Case Exercise: Stakeholder Alignment in Step 1

🎯 Learning Targets Stakeholder Alignment case After completing this role play exercise, students will be able to: Tips: EFFSO Swedish-English purchasing terms 💡 Why Is This Meeting So Important? The first meeting between the...

Hybrid learning support future professional buyers

Learn How to Source signs 4-year agreement with Logistikprogrammet in Norrköping, Sweden – supporting the next generation of procurement professionals using hybrid learning. We’re proud to announce that Learn How to Source...

Keeping Procurement e-Auctions Simple

Introduction This blog explores Linus Boman’s insights on auction structures, cost models, and best practices for running effective and credible e-auctions while keeping Procurement e-Auctions simple. Additionally, for procurement professionals looking to establish their...

Procurement Fraud Prevention: Identifying and Combating Corruption in Procurement

Corruption poses a major threat to procurement integrity, as highlighted in the CPI 2024 report from Transparency International. Procurement professionals play a crucial role in procurement fraud prevention and ensuring transparent spending...

AI and Spend Analytics: A New Era for Procurement

Artificial intelligence (AI) is reshaping procurement, particularly in spend classification and spend analysis tools. The recent study AI Meets Spend Classification: A New Frontier in Information Processing by Guida, Caniato, and Moretto (2025) explores...

Cost out opportunities can take many forms

Cost out. What is good today is not enough tomorrow….

Embarking on a career in procurement offers a dynamic landscape filled with opportunities to drive significant cost savings within the supply chain. Building a robust pipeline of cost out ideas is essential...

Productivity improvements in procurement

Understanding Productivity in Procurement: A Guide for Professional Buyers

As a professional buyer, you’ve likely encountered the term in various contexts. But what does it truly mean, especially in the realm of procurement? How can you gauge and enhance your suppliers’...

Author: Fredrik Axelsson