Bargaining Power of Suppliers – How Can It Be Reduced?
In the previous post titled ‘Bargaining Power of Suppliers – What Does It Mean for Your Business,’ we saw what...
online procurement software
Bargaining Power of Suppliers – What Does It Mean For Your Business?
Even though it impacts them the most, many procurement professionals are not formally aware of the concept of the bargaining...
Dealing with Supplier Risk – Part Two
In part one of this series, we looked at several drivers of supplier risk. In this post, we’ll look at...
Automate Your Internal Procurement System
Online procurement systems help you automate the procurement cycle of your organization. This article will tell you why you need...
Why do you need Online Procurement Software?
In this age of cloud computing, online procurement software can help run business procurement efficiently and effectively. Developing an effective...
Dealing with Supplier Risk — Part One
“It’s a VUCA world,” one of my management professors was fond of saying, in the same dark tone that Ned...
Getting the Best Out of Reverse Auction
In an earlier post, we told you about reverse auctions and how they help an organization choose their suppliers. In...
How Online Procurement Software Improves Supplier Management
Effective supplier management is one of the bedrocks of an efficient supply chain. Every organization, regardless of the service or...
How Reverse Auction Helps Organizations Choose the Best Supplier
Any organization needs to purchase raw material in the form of goods or services to run their business operations. Generally,...
