News and content for procurement professionals

Teaching

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.

Contract Follow-Up is Vital For Realizing Savings

Managing your contracts and improving compliance is essential to ensure that savings are realized. It also drives supplier collaboration and helps avert conflicts during the contract period.

How to Use Bundling to Drive Procurement Savings

Bundling is an important commercial lever to reduce procurement costs. In short, bundling refers to securing standardized contract terms with the same supplier across the business, or consolidating spend with one or fewer suppliers than the status quo.

AutoStore signs agreement for the use of our spend management solution

We are delighted to welcome AutoStore as one of our newest customers. Following a procurement project, the company has now entered into a license agreement for the use of our digital solution for strategic procurement.