Critical Procurement KPIs Every Business Owner Must Measure in 2022
What is sustainable procurement KPIs? Planning sustainable procurement KPIs is very essential for owners of large business enterprises to understand and quantify the real supply chain value to maintain a large base of suppliers and purchase categories. Developing the...
Driving Value through Strategic Category Management
Over the past decade, the impact of strategic category management in the role of procurement role within an organization has become increasingly profound. No longer is procurement considered a tactical arm of the enterprise whose key tasks are purchasing and brokering...
Why Should Companies Divide and Conquer? Assessing the Benefits of Category Spend Analysis in the Mining Industry
What is Category Spend Analysis and How Does It Help Companies? The wide range of options available to consumers is often credited to the rapid pace of development, rise in competition, and need for innovation that has propelled growth across industries. As industries...
Five Spend Analysis Best Practices for Businesses to Remain Competitive Post-COVID
Spend Analysis Best Practices Why are spend analysis best practices important for businesses across all sectors? Spend analysis is rapidly becoming a must-have tool for today’s procurement leaders and other industry specialists. Though there are several reasons for...
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