News and content for procurement professionals

Teaching

How Can Procurement Professionals Succeed With Cost Savings

In this article, we look at five steps to identify and prioritize cost-saving measures that increase the likelihood of success.

Four Procurement Analyzes to Identify Savings Opportunities

The procurement function is constantly under pressure to reduce costs and realize savings throughout the business.

How to Solve Challenges for Data Consolidation and Harmonization

One of the challenges in procurement is consolidating and harmonizing available data to make more fact-based decisions.

What is Spend Analysis

Ultimately, spend analysis is about gaining the necessary insights to drive fact-based, smarter and sustainable procurement decisions.

10 Common Procurement Challenges

Spend often represents a significant proportion of the costs for most companies. Our experience indicates that there is a large untapped potential in procurement, but also several challenges in how to realize it.

Develop a Successful Procurement Strategy in 8 Steps

A solid procurement strategy is important for the business and the procurement function. However, the process of creating a successful strategy is not always straightforward.