A professional buyer explain procure to pay to a teater seated class of future buyers

Procure to Pay – introduction to new buyers

In procurement, the Procure to Pay (P2P) process is fundamental to efficient operations and financial control. As a buyer in training, understanding P2P, alongside Source-to-Pay (S2P), will equip you with the basic...

Where used function and Bill of material (BOM)

Where used function for buyers and Bill of Material (BOM)

One of the critical functions of ERP software is the Where Used function (collection BOM) for buyers, which helps buyers understand product data and inventory.

two persons discussing ERP about Material Requirements Planning

Material Requirements Planning (MRP) and ERP

A core component of ERP systems is Material Requirements Planning (MRP), which ensures that the right materials are available at the right time for production.

Financial Transactions in Procurement

As a professional buyer, understanding the financial transactions in Procurement is crucial for maintaining healthy business relationships.

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.

Category: Operative procurement