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What is E-Procurement? [Quick and Simple Explanation]

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Tuesday, January 5, 2016

Choosing the Right Purchasing Solution for Your Business: The Rhythm Edition

Procurement is spending company money using the most cost-effective techniqueto obtain every product and service the business needs, by year, month, or week.
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Thursday, December 24, 2015

E-Procurement's Top 5 New Year's Resolutions

New Year's is the most popular time to transform a current reality into the promise of something better, and this is typically kicked off with an avalanche of resolutions. E-procurement is eager to join in the 2016 festivities with a list of resolutions that will likely last longer than your own[...]
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Tuesday, December 15, 2015

The Cloud Breaks the Ice on Legacy Procurement Software

Here's a topic from folklore to debate: the elderly (exact age undetermined) should be put on an ice floe and left to float away into the sunset. Spoiler alert - this idea is rationalized by those who argue that senior citizens no longer offer any value once they have been superseded by a[...]
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Wednesday, November 18, 2015

7 Ways Category Management in Procurement is Like Making Soup

Before we begin with this recipe comparison, what is soup? It's a lot of ingredients collected in one pot that complement each other to serve a tasty purpose. Now, let's extend this idea to categories! A category is a grouping of materials or services that have similar supply and/or usage[...]
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Monday, November 9, 2015

How to Avoid Legislative Issues in Procurement

MOVING FROM RISK TO REWARD Attempting to separate potential danger from potential opportunity is like trying to remove an egg yolk from the white using toothpicks: you can't do it without making scrambled eggs. This is a metaphor for any situation that offers a large reward - hazards are a[...]
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Monday, November 2, 2015

Budgets: Optimized vs Controlled

Someone very wise once made an insightful statement about budgets. To paraphrase: budgets tell us what we can't afford. The original quote has been abbreviated, but when applied to monitoring budgets in procurement, it's a statement that Tradogram is eager to examine further.
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Monday, October 26, 2015

Cruise Line Procurement: Mitigating the Risk of Single Source Suppliers

When you're part of the team responsible for filling several large floating dining rooms with anywhere from 100-1200 people of all ages, interests, and ethnicities you better hope you have enough napkins, nevermind freshly-squeezed pineapple juice and pinot noir. If the thought of navigating[...]
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Wednesday, October 21, 2015

Using History to Make (Good) Decisions About Procurement

The Golden Age of procurement is upon us and it's about time. We only had to suffer through several centuries of fanciful art, literature, and (more recently) cinema, not to mention the ramblings of philosophers and poets, before the world of corporate purchasing was given an opportunity to cut[...]
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Wednesday, October 14, 2015

Top 10 Qualities of Notorious Purchasing Managers

WANTED Loyalty program will be implemented for the capture of Chief Procurement Officer (CPO)ALIASThe Notorious "Purchasing Manager" To be found dead or alive. Preferably alive for purposes of general corporate protocol.
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