Raw material indexes for Procurement
In this blog post, we'll explore some key raw material indexes that procurement professionals should follow to optimize their strategies.
Author: Fredrik Axelsson
Cost leadership within the Procurement Function
Leadership within the Procurement Function: Building Capability focusing on Category Management, PMT, and Organization & Roles
Cost based and Value based pricing explained
Cost based and Value based pricing are very present in Sales and Procurement departments day to day work. The blogpost explain the basics.
Financial Transactions in Procurement
As a professional buyer, understanding the financial transactions in Procurement is crucial for maintaining healthy business relationships.
Crafting Effective Purchasing General Terms and Conditions
It is hard to overestimate the criticality of crafting effective Purchasing General Terms and Conditions (GTCs).
What a buyer needs to know about TEU
What buyer needs to know about TEU - a basic level introduction to the basics. Size, examples how much it holds, cost break down and more.
EUR Pallet – an introduction for Buyers
EUR pallet (Euro pallets) are a key component in the logistics and transportation industry, widely used and recognized for their standard size and more.
Counterfeit components clause in a procurement contract
Counterfeit components are a growing concern. It's essential for companies to have a counterfeit components clause in a procurement contract.
Essential Skills for Buyers NOT provided by LHTS
There are several essential skills for buyers that we do not cover in our training programs since they are not unique for the buyer community.
Procurement analyst role explained
A Procurement analyst role explained. Support the operative, tactical and manager roles with price-, demand-, cost- and market data.