Derek ThompsonMar 12, 20239 minUnderstanding the 3 Types of Procurement: Why It Matters for Business SuccessIntroduction Consider the types of procurement your company typically engages in whenever making adjustments to its procurement strategy....
Derek ThompsonJul 9, 20227 minIncrease Procurement Process Efficiency With These Solution Driven Improvement IdeasIntroduction: If you are honest about the role procurement plays in an organization, then this may sound counter intuitive. That's...
Derek ThompsonJul 3, 20229 minTop Raw Material Procurement Best Practices and How To Reduce RiskWhat is Raw Materials Procurement In my career, I've been fortunate enough to manage spend of a few raw material commodities. This...
Derek ThompsonJun 27, 20224 minTop 5 Procurement Best Practices (2023)Table Of Contents: Introduction Procurement Process Steps Overview Best Practices In Each Procurement Process Step Conclusion...
Derek ThompsonJun 21, 20223 min3 Way Match Procurement Process Guide Before accepting a supplier's invoice for payment, it is customary to do a "three-way match process," which involves matching the...
Derek ThompsonJun 20, 20225 minProfessional Guide To: What Is Procurement ManagementIntroduction Procurement is an essential component of any business. For the continued operation a company has to buy goods or services....
Derek ThompsonJun 19, 20228 minWhat Is Procurement? Proven Process & Benefits GuideIntroduction To What Is Procurement First, let me say if you found this article I have to assume you are either exploring the idea of a...
