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Why Even Medium-Sized Companies Need P2P Software to Ensure Operational Efficiency

When SMBs launch, they tend to have informal procurement processes. This informality might work with four to five employees and a handful of customers, but it simply isn’t practical for a growing busi...

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What is procurement data? Procurement data includes vendor data, master data, contract data, bills of material, performance data, sustainability score cards, transaction data, purchase order details, ...

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In my opinion, realizing you enjoy Thanksgiving more than Christmas is one of the first real signs you’ve reached adulthood. Thanksgiving has all of the food, family, and tradition without the stress ...

On November 11th 1919, the United States recognized the first anniversary of the end of World War I - Armistice Day. By 1938, the day had become a national holiday. In 1954, President Dwight D. Eisenh...

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“They all believe they are sourcing strategically; therefore, management does not see the need to provide the proper people, technology, time, and training to effectively manage spend and look for cos...

“Bad best practice is a terrible thing, because it blocks real best practice from being put in place. And it’s a remarkably common phenomenon. Many times, companies truly believe they have done all th...

Procurement organizations employ spend analytics as one of their major tools for proactively identifying savings possibilities, managing risks, and maximizing their purchasing power. Spend analys...

Note: This article was originally post on All Things Supply Chain Every year on July 4th, the United States stops to remember and celebrate the 1776 signing of the Declaration of Independence by Congr...

Author: Ravindran Damodaran Editor’s note: This article is part of the MyPurchasingCenter content archive. It was originally published in 2016 and appears here without revision. Not long ago the corpo...

Author: Tinamarie Rintye, Former Project Analyst at Source One Management Services, a Corcentric Company, now the Manager of Distribution and E-commerce at Esteé Lauder Editor’s note: This a...

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