Category based procurement

Category based procurement

1: Introduction Category procurement is perhaps the most common break down for Procurement teams and certainly is the most focused on in terms of written articles. Often these articles are focused on specific categories and their respective challenges. It would be a...
How is technology transforming global sourcing?

How is technology transforming global sourcing?

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. These include access to cheap raw materials and products, tax breaks and reduced labour costs....
Project Based Procurement

Project Based Procurement

1: Introduction Project-based procurement occurs when there is a specific project activity and goal. This may be a project that repeats at regular intervals or it may be a one-off project.The project could include volume purchases, small purchase volumes, standard...
5 pillars of effective supplier management

5 pillars of effective supplier management

Introduction This article focuses on effective supplier management. The article is orientated towards indirect spend, however many of the principles apply to all spend categories. The five pillars of effective supplier management covered in this article are: 1....