Tag: Basic level

Gain foundational procurement knowledge tailored for beginners. Learn key procurement concepts, terminology, and processes to build a strong understanding of sourcing, supplier management, and contract negotiation in the early stages of your career. These post support the introduction and basic level courses.

All basic level posts are an integrated part of the program: LHTS 10 week Basic Procurement training and the connected Certificate.

Cost based and Value based pricing explained

Cost based and Value based pricing are very present in Sales and Procurement departments day to day work. The blogpost explain the basics.

Financial Transactions in Procurement

As a professional buyer, understanding the financial transactions in Procurement is crucial for maintaining healthy business relationships.

What a buyer needs to know about TEU

What buyer needs to know about TEU - a basic level introduction to the basics. Size, examples how much it holds, cost break down and more.

EUR Pallet – an introduction for Buyers

EUR pallet (Euro pallets) are a key component in the logistics and transportation industry, widely used and recognized for their standard size and more.

How to organize the Procurement function

How to organize the Procurement function ? Well, there is of course not one single solution. Many different factors influence. Can we create a generic variant?