Understanding the 3 Types of Procurement: Why It Matters for Business Success
Introduction Consider the types of procurement your company typically engages in whenever making adjustments to its procurement strategy....
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PROCUREMENT_IO
Derek Thompson
Jul 9, 20227 min read
Increase Procurement Process Efficiency With These Solution Driven Improvement Ideas
Introduction: If you are honest about the role procurement plays in an organization, then this may sound counter intuitive. That's...
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Derek Thompson
Jul 3, 20229 min read
Top Raw Material Procurement Best Practices and How To Reduce Risk
What is Raw Materials Procurement In my career, I've been fortunate enough to manage spend of a few raw material commodities. This...
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Derek Thompson
Jun 27, 20224 min read
Top 5 Procurement Best Practices (2023)
Table Of Contents: Introduction Procurement Process Steps Overview Best Practices In Each Procurement Process Step Conclusion...
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Derek Thompson
Jun 21, 20223 min read
3 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...
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Derek Thompson
Jun 20, 20225 min read
Professional Guide To: What Is Procurement Management
Introduction Procurement is an essential component of any business. For the continued operation a company has to buy goods or services....
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Derek Thompson
Jun 19, 20228 min read
What Is Procurement? Proven Process & Benefits Guide
Introduction 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...
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