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4 Procurement Challenges That Torment Construction Companies

4 Procurement Challenges That Torment Construction Companies

Many construction companies are still in the stone age when it comes to strategic procurement – despite its massive influence on the business.

Manufacturing: Solving 4 Major Challenges for Procurement

Manufacturing: Solving 4 Major Challenges for Procurement

Manufacturing companies of all types face several unique procurement challenges. With a dated spend management solution (or no solution in place at all!), managing these challenges can be very difficult.

How to Identify Savings Opportunities: Renegotiation

How to Identify Savings Opportunities: Renegotiation

Procurement analytics comes in many shapes and forms. Let us take a look at some analyzes that you can use for identifying renegotiation opportunities.

How Can Procurement Professionals Succeed With Cost Savings

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.

8 Strategic Levers to Reduce Procurement Costs

8 Strategic Levers to Reduce Procurement Costs

Selecting and implementing procurement measures is a vital part of a holistic approach to strategic procurement.

Renegotiations - an Underestimated Strategic Lever?

Renegotiations - an Underestimated Strategic Lever?

You can use multiple levers to reduce your procurement costs. One commercial lever, often referred to as a "quick win", is to renegotiate your existing contracts.

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