Swot method supporting a category strategy

SWOT Method Enhance Procurement Category Strategy

By utilizing the SWOT Method to Enhance Procurement Category Strategy you get a better understanding about your Category’s road ahead. Learn how to use the SWOT method as a critical part of...

Procurement and web crawlers – introduction

Web crawlers, sometimes known as spiders or bots, are automated programs that scan and collect information from websites across the internet. They do this by following links between pages, taking note 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...

Category Strategy for Stationeries in the US Market

This category strategy for stationeries in the US market outlines the procurement approach. The strategy includes a spend analysis, a wanted position, a market analysis, a SWOT analysis, and an action plan....

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...

Purchasing poliy being developed in a modern company

Purchasing Policy examples from two Fictive Companies

Please find two examples of Purchasing policy. Purchasing Policy of Fictive Multinational Company. 1. Objectives and Scope The purchasing policy (or procurement policy) aims to ensure an efficient, consistent, and compliant approach...

What is a Procurement Operating Model?

In many change programs, there is an immediate & huge focus on Org. chart & associated number of FTEs: many leaders are just given few weeks in order to make a proposal....

Building a Robust Pipeline of Innovative Ideas

Enhance Supply Chain Efficiency by building a Robust Pipeline of Innovative Ideas. Support your Procurement strategy. In Sweden, there’s a well-known adage often quoted in sales and perseverance contexts: “100 knocks, 10...

I failed at Category Management with Stephane Morel

I failed at Category Management by Stéphane Morel

I started in Procurement right after university. I began to practice Category Management quite many years later in Indirect Procurement in the Automotive industry. Since 2010, I have been teaching Category Management...

Top 20 Supply Chain Terms help buyer professionals create a supply chain

Top 20 Supply Chain Terms for Buyers in Training

In the very beginning of your buyer career there are a lot new terms to learn. it’s important to understand the terminology that forms the backbone of Supply chain management (SCM) ....

The Procurement Framework blog at LHTS

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