Managing your indirect spend can be challenging.  Accounting for between 15 and 20% of total spending for most companies, it’s a complex feat, indeed, taking in numerous categories of goods and..

Suppliers are the lifeblood of any business. Whether you are a retailer, wholesaler, or just a solo entrepreneur, you have to know how to choose the right supplier for your company. A supplier should..

Companies have long been aware of the advantages of diversity, but now they realize the economic and social impacts. Diversity initiatives in procurement benefit everyone. It includes company..

Remember when BYOD (Bring Your Own Device) seemed like a bright idea? These days, not so much.  With data usage skyrocketing and costs with them, the element of control offered by company-provided..

Whether you take terms and conditions seriously or not, businesses need them. But why? Simply put, the terms and conditions enshrined in your contract are there to protect you from abuse of service,..

Are you having trouble getting the best deals from your suppliers? If so, it's probably because your buying power isn't as strong as it could be. There are many ways to increase your buying power,..

You may have spent enough time in procurement while dealing with MRO data. With this, you may be eerily familiar with the wall of vagueness you have to peer at when looking at procurement data that..

Procurement and data analytics are two very different concepts that sound like they wouldn't belong in the same world, but many businesses have discovered that effectively combining them can result..

In the midst of a pandemic, many things are changing. For procurement professionals, one of the most important changes is how it is impacting salaries. Looking to the future, it is difficult to say..