Spend Under Management and Addressable Spend

Terminology is crucial when analyzing and optimizing your company's spending. Two often misunderstood terms are Spend Under Management and Addressable Spend.

three procurement officers in 2024 discussing the evolving role of procurement over dinner in a sophisticated restaurant setting

Procurement officers in 2024 – disruption is the theme

This blogpost is written by Ronan Guest, Business Consulting Partner at EY Ireland. The text adress the challenges faced by Procurement officers in 2024. You find link to the original text at...

Sub Project Leader responsible for procurement

Understanding the roles and distinctions between a Project Buyer and a Sub Project Leader responsible for procurement is crucial for effective project management and procurement strategy within an organization. While both positions...

The project buyer role is more advanced that one might think

The project buyer role is more advanced than one might think

The Project Buyer role (PB or PBR) can vary significantly across different organizations and projects, largely influenced by the nature of the items being sourced, the product lifecycle and the structure of...

Understanding Customer Segmentation in B2B Sales

Customer Segmentation in B2B Sales – are they strange?

Maybe you are well-versed in Kraljic's matrix for Supplier Segmentation, but on the other site of the table it is about understanding Customer Segmentation.

Completing a Contract Review Document is ongoing

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.

two executives working on Understanding the Principles of Corporate Governance in procurement

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.

a procurement manager engaging with his team in a collaborative meeting fostering Innovation in Procurement

Innovation in Procurement – driving change

Innovation in Procurement: As a senior procurement director, I have seen firsthand the role that innovation can play in driving success in the organization.

Procurement manager consider how to assure Procurement compliance

The Pillars of Procurement Compliance

Introduction Procurement compliance serves as a fundamental pillar that upholds the integrity of the procurement process. Compliance can be viewed from two critical perspectives: process compliance, which ensures the selection of suppliers...

Category: Procurement management