Process Control and Cost of Quality in Procurement

How to Strike the Perfect Balance; Process Control and Cost of Quality in Procurement Supplier Management.

learning about Lead-Time in Procurement for buyers

Lead-time In Procurement – 1 of The Operative Buyer’s Most Important Knowledge

Lead-time in procurement is the duration from the moment a purchase order (PO) is placed with a supplier until the ordered goods or services are delivered.

Where used function and Bill of material (BOM)

Where used function for buyers and Bill of Material (BOM)

One of the critical functions of ERP software is the Where Used function (collection BOM) for buyers, which helps buyers understand product data and inventory.

two persons discussing ERP about Material Requirements Planning

Material Requirements Planning (MRP) and ERP

A core component of ERP systems is Material Requirements Planning (MRP), which ensures that the right materials are available at the right time for production.

Pierre Broenner, expert in Procurement e-Auctions.

I recently had the pleasure of speaking with Pierre Broenner expert in procurement e-Auctions. We discussed why e-Auctions haven't fully caught on yet.

Cost leadership within the Procurement Function

Leadership within the Procurement Function: Building Capability focusing on Category Management, PMT, and Organization & Roles

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.

Tag: Basic level