Stainless Steel Standards the team learning and selecting standard

Stainless Steel Standards – your first step to insight.

Quick Summary If you’re a procurement professional involved in purchasing carbon steel or stainless steel, understanding material standards is crucial for confident decision-making. This guide offers an overview of widely used standards...

Buyer should prioritize aftermarket demand

Discover why professional buyer should prioritize aftermarket requirements when sending a RFQ for production equipment and ensure long-term success (using production equipment as an example). As a professional buyer, you’re well-acquainted with...

Leverage on your Negotiation Skills while Commuting, by Johan Aaro.

From September 2022, I have developed a reading habit during my commutes to work and want to share by experiences in a guide to Leverage on your Negotiation Skills. Having conducted some...

business discussion inspired by Porter Competitive Model in a modern Nordic office environment

Porter Competitive Model in the sourcing process

Procurement professionals are tasked with finding the best suppliers for their organization. In order to do so, they must analyze the supplier market and develop sourcing tactics that will give their organization...

Nurturing valuable supplier relationships has become a competitive edge

Nurturing Valuable Supplier Relationships: Success in Design

In today’s fast-paced and competitive business environment, companies are increasingly relying on suppliers to not only provide raw materials and components, but also to actively participate in the design and development process...

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...

Two businessmen discussing Role of Templates in Sourcing process

The Role of Templates in Sourcing process (e-Sourcing)

The Role of Templates in Sourcing process need to be debated, it certainly is a crucial tool for enhancing efficiency, reducing errors, and promoting consistency across procurement processes and categories. However, while...

Category management – handover plan

This blog post explores the importance of a well-structured handover plan for category management and outlines a comprehensive framework to ensure a seamless transition when passing on a category to a new...

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,...

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