Scope 3 for buyers explained by your professional buyer

Scope 3 for buyers – basics needed to know

Scope 3 for buyers, as a professional buyer it is crucial to understand the different scopes of greenhouse gas emissions as defined by the Greenhouse Gas (GHG) Protocol, especially Scope 3, which...

a Non-disclosure agreement recently signed

Non-disclosure agreement for buyers

Non-disclosure agreement (NDA) is a legal contract that protect confidential information from being shared with third parties. NDAs are commonly used in business settings to protect trade secrets, intellectual property, and other...

Spend Under Management and Addressable Spend

Terminology is crucial when analyzing and optimizing your company's spending. Two often misunderstood terms are Spend Under Management and Addressable Spend.

a professional buyer can help you understanding Request for Quotations

Request for Quotations explained

As a professional buyer, mastering the tools of the trade is essential for success. Among these tools are Request for Quotations (RFQs), Requests for Information (RFIs), and Requests for Proposals (RFPs). Each...

Introduction to PPQ for buyers

Introduction to PPQ (Production Part Qualification) Process in Supplier Qualification Ensuring that every component sourced from suppliers meets defined quality standards is paramount. This blog post aims to provide a first introduction...

Illustration how a buyer provide forecasts to suppliers

Provide forecasts to suppliers – the operative buyer

As the name suggests, operative buyers are responsible for the day-to-day purchasing activities of a company. These buyers are often in direct contact with suppliers and play a crucial role in ensuring...

The purchase order acknowledgment process.

In the day to day work of a procurement department, the purchase order acknowledgement (POA) is a critical process that ensures smooth and efficient business operations. When a buyer issues a purchase...

Benefits of E-Procurement – improve your P2P.

Collect the benefits of E-procurement, which allows organizations to purchase goods and services through a dedicated web shop.

Economic Order Quantity not so successfully applied in a warehouse

Economic Order Quantity – for operative buyers

For operative buyers, optimizing order quantity is a critical aspect of their role. Order quantity impacts inventory management, operating capital, and the costs associated with procurement. One effective method for optimizing order...

A professional buyer explain procure to pay to a teater seated class of future buyers

Procure to Pay – introduction to new buyers

In procurement, the Procure to Pay (P2P) process is fundamental to efficient operations and financial control. As a buyer in training, understanding P2P, alongside Source-to-Pay (S2P), will equip you with the basic...

Tag: Basic level