Case Study: Using the Expediting List to Resolve Delayed Deliveries in Manufacturing

Background: ABC Electronics is a mid-sized company that produces custom-made electronic components for industrial clients. They rely heavily on timely delivery of specific materials, such as specialized circuit boards, which are sourced...

EDI in Different Industries: Applications, Benefits, and Best Practices for Professional Procurement Departments

Electronic Data Interchange (EDI) is one of many cornerstones of efficient procurement operations in various industries. EDI enables the seamless, computer-to-computer exchange of business documents between partners, providing a standardized format for...

Case Study: Claiming Liquidated Damages for Late Deliveries

Background of the Case Imagine that you’re Alex, a buyer working for a company called Stellar Electronics, which manufactures high-quality consumer gadgets. Stellar relies on various suppliers to provide the components needed...

Comparative Case Study: Understanding Lead-Time Requirements in Procurement Across Different Operations

In procurement, the lead-time requirement for products or services from suppliers can vary significantly based on a company’s operational model, the industry it operates in, and how it competes in the market....

Operative Procurement Processes influenced of what you are buying

Case Study: How the Nature of What You Buy Affects Operative Procurement Processes

As an operative buyer, your main responsibility is managing the procurement of goods and services necessary to ensure the smooth functioning of your organization. This includes everything from manufacturing components to office...

Case Study: Managing Timely Deliveries from a Communication-Challenged Supplier

Introduction to the Operative Buyer Role As an operative buyer, your main responsibility is to ensure that goods and services are procured efficiently to meet your organization’s needs. You oversee day-to-day procurement...

Non Disclosure Agreement (NDA)- part of the sourcing process

The content of a NDA and the structure of a non disclosure agreement (NDA) typically follows a standard format. A non disclosure agreement is a legally binding contract that establishes a confidential...

Choice of law in purchasing contract

When buyers are creating contracts, one of the most important aspects to consider is the choice of law. The Choice of law in purchasing contract clause determines which jurisdiction’s laws will govern...

Interest Based Negotiation: your first step as a buyer in training.

Interest Based Negotiation, also known as integrative or principled negotiation, represents a paradigm shift in the approach to negotiations. Originating from the Harvard Negotiation Project in the 1980s, it has significantly influenced...

Procurement courses – online or onsite?

Procurement is a critical function in every organization, ensuring that goods and services are acquired at the best possible prices, delivered on time, and meet the organization’s needs. The importance of procurement...

Author: Fredrik Axelsson