Navigating Recurring and Non-Recurring Cost

As a buyer, understanding the intricacies of Recurring and Non-Recurring Costs is crucial in order to make sound business decisions is important. In this blog post, we’ll dive into the definitions of...

My first encounter with e-auctions

“As a procurement executive who has been working in the industry for over 20 years, I vividly remember my first encounter with e-auctions. It was in the early 2000s, and I was...

Importance of visiting a supplier on site

In a small, bustling city, there lived a retired procurement executive named Per-Erik. Per-Erik had seen it all in his long and successful career. From managing complex global supply chains to negotiating...

What is the role of Factory Acceptance Test?

Across a multitude of industries, from manufacturing to aviation and from consumer goods to the tech sector, ensuring that the products meet precise specifications and customer expectations is pivotal. Herein lies the...

Aligning Stakeholders in e-Auctions: One Key to Effective Supplier Negotiation

Aligning Stakeholders in E-Auctions: One Key to Effective Supplier Negotiation e-Auctions have emerged as an efficient and transparent way to negotiate with suppliers. While this innovation has simplified many aspects of procurement,...

Inviting suppliers to e-Auction – 8 keys

e-Auction methods on digital platforms have transformed traditional negotiations, offering efficiency, transparency, and competitive bidding. However, suppliers new to this method may need clear guidance and assurance to participate confidently. As a...

Strengthening Supplier Collaboration

Strengthening Supplier Collaboration, and leveraging benefits, are often discussed – but how to distribute value created? Unlocking Opportunities in a specific buyer/supplier relationship Tactical buyers play a critical role in shaping supplier relationships....

Category: Tactical procurement

Navigating Recurring and Non-Recurring Cost

My first encounter with e-auctions

Importance of visiting a supplier on site

What is the role of Factory Acceptance Test?

Aligning Stakeholders in e-Auctions: One Key to Effective Supplier Negotiation

Inviting suppliers to e-Auction – 8 keys

Strengthening Supplier Collaboration

Pre-payment and Advance Payment Guarantee.

The Letter of Credit (LC) and APG

The Open Account payment method

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