Unlocking Value Creation: The Evolving Role of Procurement
In today's competitive business landscape, maximizing value creation is no longer a privilege. It's a necessity. Procurement, traditionally focused on cost reduction, is undergoing a transformation to become a strategic driver of value creation for [...]
7 Situations When Your Procurement Team Needs Process Improvement
The ever-evolving world of procurement demands agility, efficiency, and a sharp eye for optimization. But how do you know when your processes need a revamp? Look no further! This article dives into 7 situations where [...]
A Beginner’s Guide to Green Procurement
In today's eco-conscious world, the pressure to "go green" isn't just a whisper on the wind – it's a thundering roar echoing through boardrooms and supply chains alike. And at the heart of this green [...]
The Evolving Landscape of Talent Acquisition in Procurement
In recent times, the role of Chief Procurement Officers (CPOs) has shifted towards actively competing for the most skilled professionals to staff their procurement teams. This trend has gained momentum, with CPOs exploring innovative strategies [...]
The Power of Procurement Skills: Building a Resilient Business
Procurement skills are essential for businesses to thrive in today's rapidly changing world. The global business landscape is constantly evolving, and supply chains are becoming increasingly complex. To navigate these challenges successfully, companies need [...]
Evaluation of Supplier Size
I am working on a new article for the FREE Purchasing Resources Program on evaluating supplier size. There are problems when you select a supplier that is too big. There are different problems when you [...]
The Evolving Landscape of Talent Acquisition in Procurement
In recent times, the role of Chief Procurement Officers (CPOs) has shifted towards actively competing for the most skilled professionals to staff their procurement teams. This trend has gained momentum, [...]
The Power of Procurement Skills: Building a Resilient Business
Procurement skills are essential for businesses to thrive in today's rapidly changing world. The global business landscape is constantly evolving, and supply chains are becoming increasingly complex. To navigate [...]
How Much Negotiation Mercy Should You Give To Spineless Suppliers?
In today’s business world, there’s a desire to have your good suppliers stay in business. This desire often tempers how aggressive procurement professionals are when negotiating with certain suppliers. Most [...]
The Future Direction of Procurement & Supply Chain Management
The saying goes: “The only constant is change.” Nowhere is that statement truer than in procurement and supply chain management.Don’t miss updates on Procurement & Supply Chain, Subscribe here! Procurement [...]
The Pros & Cons of Supplier Transparency
Earlier this month, I posted a blurb entitled “Should You Share Your Selection Criteria & Weightings With Suppliers?” This post generated some interesting debate both here and on LinkedIn.Don’t miss [...]
Cost Savings vs. Keeping A Supplier In Business
For those of you who need one, a bad economy is a great excuse to beginning procurement negotiations with your suppliers. But a bad economy also means that some financially [...]
Join the world’s largest procurement association today
Becoming an NLPA member is the smartest step you can take in your career. You will receive a plethora of educational materials, exclusive benefits, and instant recognition throughout the industry as a procurement professional. So, what are you waiting for? Let us help take you to the Next Level.
English
Español
Français
Deutsch
Italiano
Nederlands
简体中文
한국어
日本語
Português
Русский