Sustainable Procurement. Buy Local, Shop Small: A Big, Global Impact!

The United Nations Sustainable Development Goals (SDGs) are 17 goals, covering every triple bottom line (people, planet, prosperity) aspect of sustainability and help organizations drive Sustainable procurement. These Global Goals are broken...

Two buyer summarizing Cost Reduction in Procurement from their lastest sourcing event

Cost Reduction in Procurement explained

Cost reduction in procurement is not just about trimming expenses—it’s about adding value and bolstering the company’s financial health. As a vital Key Performance Indicator (KPI), cost reduction can be nuanced into...

A businesswoman explaining risk management to her colleague

Explaining risk management in procurement

This blogpost is explaining risk management and provides examples of risks a procurement professional may meet when managing a Supply Chain and the suppliers involved. Explaining risk management – definition Risk management...

Hans Nilsson present a course about product legislation

Navigating the Maze of Product Legislation – for Buyers

In procurement, staying abreast of product legislation is not just about compliance; it’s a strategic imperative that safeguards your organization’s integrity, ensures product safety, and upholds environmental standards. For professional buyers, understanding...

Conflict minerals in the supply chain causing a disatser for the two buyers

Conflict minerals in the supply chain influence procurement

Conflict minerals in the supply chain influence procurement. Why the name Conflict Minerals? Deep in the heart of the African continent, there was a vast land rich in minerals and natural resources....

When should Kraljic Matrix be applied?

Many buyers have heard about Kraljic Matrix. But how and when should the Matrix be applied? Let us discuss. Who is Peter Kraljic? Peter Kraljic is a name synonymous with innovation in...

a business setting where professionals are discussing the NL17 terms

NL17: The Nordic General Conditions for the Supply of Goods

Background and Purpose NL17 NL17 (Nordiska Leveransvillkor 2017) is owned and published by the key industry associations in the Nordic countries. These associations represent the interests of their respective national industries and collaborate...

A buyer working with Know your suppliers process by setting up Google Alerts

Know your suppliers with a Google Alert

Know your suppliers with Google Alerts. In supply chain management, staying informed about the status and activities of your suppliers is crucial. Google Alerts, a free tool offered by Google, can be...

a quality manager is reading a material certificate

Material Certificate for buyers – EN 10204 standard

To enhance the capability to define a product or service buyers refer to Standards in their Technical Specifications. In manufacturing, construction, and various engineering disciplines, the importance of material quality cannot be...

Force majeure clause in procurement contracts

A well know part is force majeure clause in procurement contracts, especially in light of the global pandemic and other unforeseen events that can disrupt supply chains. These clauses are designed to provide...

Category: Tactical procurement