Understanding Direct vs Indirect Procurement: Basic Differences and Strategies
Understand core differences between direct and indirect sourcing. Optimize procurement strategy, manage suppliers, and boost profitability. Learn more now!
Decentralized vs Centralized Purchasing: Understanding Key Differences and Benefits
Explore the pros and cons of decentralization in purchasing. Understand key benefits, decisional control, and align strategies. Choose wisely!
5 Critical Signs Your Category Management Needs an Upgrade
The procurement function is at a critical crossroads in today’s evolving global world. The strategies that once sufficed—focused heavily on cost-cutting and managing supplier relationships—are now being tested by unprecedented challenges. The urgency of this situation cannot be overstated. Supply chains are more interconnected and fragile than ever. Geopolitical tensions and environmental regulations are reshaping […]
The Complete Guide to Understanding the 4 Procurement Maturity Levels
Understand and assess your organisation’s procurement maturity level. Find insights to boost procurement maturity and drive higher business value.
10xProcurement – Value Chain Orchestration
Many years ago, when I started my career in Procurement in the mid-eighties of the last century, Category Management was a hot thing. In the days before personal computers and mobile phones getting sufficient information about the supply base was a difficult task. Trade associations, exhibitions, supplier visits, in-person seminars and trainings, etc. were the […]
Procurement in the C-19 Spotlight
Are the Procurement Labs developing the desperately sought-after C-19 business vaccine for strengthening the immune systems of our economy and our businesses? The Covid-19 pandemic has moved procurement into the spotlight. Politicians and business leaders alike, placed significant attention on procurement and supply chain management when it comes to alleviating the pandemic’s economic and commercial […]
The Procuretech Podcast: Spinning a Startup out of Corporate
Tune into the podcast here. Summary by James Meads on the episode below. There are many great stories about how startups are created, but this one is particularly interesting. Take a procurement organisation that is often cited as best-in-class, and then challenge it with becoming even better. Michael Pleuger, is a former Senior Executive at […]
