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...

Business ethics in any transaction

As a procurement director with years of experience in business all over the world, I have seen firsthand the importance of business ethics in any transaction.

Procurement manager consider how to assure Procurement compliance

The Pillars of Procurement Compliance

Introduction Procurement compliance serves as a fundamental pillar that upholds the integrity of the procurement process. Compliance can be viewed from two critical perspectives: process compliance, which ensures the selection of suppliers...

Procurement manager troubled because of non-compliance

Understanding Non-Compliance. Stakeholders’ Reluctance

Unraveling the Reasons Behind Stakeholders' Reluctance, This is the second (of three) blogpost about Compliance and Non-Compliance in Procurement.

Man wondering how to create a Compliance Driven Culture

Fostering a Compliance Driven Culture

The Power of Procurement Leadership: Fostering a Compliance Driven Culture and Becoming the Preferred Choice for Stakeholders. In the dynamic world of procurement, effective leadership is instrumental in driving success and making...

internal audit in procurement conducted in Gothenburg

Internal audit in procurement – explained

Internal audit in procurement is a function that ensures the integrity, efficiency, and compliance of an organization's procurement activities.

The Ultimate Guide to Procurement Titles

The Ultimate Guide to Procurement Titles: Unveiling the Top 30 Titles. In procurement, the right title can make a significant impact on the success of procurement operations. Whether you’re a tactical buyer,...

Team of stakeholders discussing a Statement of Work

Statement of Work and Request For Quotation.

A Statement of Work and a RFQ are closely related as they both provide critical information necessary for vendors or contractors to bid on projects accurately.

Tag: Basic level