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Procurement Challenges and their Solutions in 2019 [Interview]

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Thursday, October 23, 2014

Keep Your Eyes on What You Buy: Part 4 - Improving Efficiency & Effectiveness

In our last post, we talked about measuring efficiency across four major factors in procurement – quality, price, delivery and payment. In this post, we'll talk about what to do when all your measurement indicates that something's not working, and it's time to make some changes.
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Tuesday, September 30, 2014

Keep Your Eyes on What You Buy: Part 3 - Measuring Efficiency

As we discussed in our last post, there are four key factors that should be kept in mind when negotiating for products or services in order to make the process more efficient and effective: quality, price, delivery, and payment (as well as a willingness to consider each of these factors in your[...]
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Thursday, September 11, 2014

Keep Your Eyes on What You Buy: Part 2 - The Art of Negotiation

After our last post about the different types of purchasing, we thought it might be helpful to go into more detail about some of the key factors in negotiations that contribute to making the process more efficient and effective. There are a number of elements that are essential to successful[...]
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Wednesday, July 30, 2014

Keep Your Eyes on What You Buy: Part 1 - Types of Purchasing

Procurement is an element of corporate operations that often happens behind the scenes, but provides a function that is critical to an organization's success. The model of purchasing isn't necessarily about one group managing all purchases of everything for a company, but rather managing two[...]
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Tuesday, July 15, 2014

Purchasing Solutions

As a purchasing professional and a key player in the supply chain, your function is integral to everything your organization does. You need to be innovative, yet cost-conscious. You need to find a way to save time and money while managing an increasingly sophisticated inventory. What you don't[...]
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Tuesday, July 15, 2014

Vendor Management

Why is vendor management important? Because if you don't maintain a list of reliable suppliers for every product and service you buy, you are, in essence, starting over every time you prepare a purchase order.
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