Purchasing

B2B Digital Marketplaces: Paving the Way Forward in Procurement and Sourcing

Posted: 05/06/2020 - 05:32
B2B Digital Marketplace

Growing a recognizable brand while remaining cost-efficient are two key imperatives for businesses as they continue to transform their organizations digitally. Procuring software through digital channels and online solutions is increasingly popular as a way to keep pace with these initiatives.

Understanding and Overcoming Buyer Stagnation Through Procurement

Posted: 03/18/2020 - 03:41
Overcoming Buyer Stagnation Through Procurement

Today, more than ever, filling the top of the funnel is proving to be extremely difficult. Speak with any salesperson and you’re likely to hear just how hard selling has become. And while yes, this is true, it’s nothing compared to being the person on the other end – you guessed it, I’m talking about the buyer.

Information Technology Procurement as a Service – Added Value to Internal Procurement Teams

Posted: 12/20/2019 - 04:30
The Procurement as a Service (PaaS) model, which utilizes outsourced human talent, technology, and industry-specific knowledge to enhance or –  in some cases for SMB companies –  replace the buying process for companies is expected to grow from $5.4 billion in 2019 to $7.8 billion by 2024, according to new market research by MarketsandMarkets™.

How to Know if Your Print Suppliers are “Green”

Posted: 05/21/2019 - 02:06
Environmental sustainability has become an important topic among sourcing professionals over the past few years. A recent Google search using the term “sustainable procurement” returned just under 28,000 results, and that included only results for the past year. Searches using the terms “sustainable purchasing” and “sustainable sourcing” produced a similar number of results.
 

Women in Global Sourcing: Canda S. Rozier

Posted: 01/17/2019 - 00:55
Tell us about your career path. How did you get into this field? Was it purposeful or by accident? 
 
My early career was in application/systems development (aka “programming”), but the company quickly learned that I not only was technical, but could also give presentations and was comfortable in customer-facing situations. I moved into pre-sales support and then into a role as a product manager, where one of my responsibilities was negotiating contracts with application partners.   
 

Savings rationalization: What would you sacrifice to maximize savings?

Posted: 01/03/2019 - 02:14
As we move through the holiday season, competition of all sorts is becoming prevalent. Big department stores and smaller retail chains all have their special deals in place and offer a variety of products and solutions to meet spikes in customer demand while racking in the big dollars. They promote discounts and incentives on brand-name products while other shops offer a more generic version of the same items at less than half the price. Consumers are left with a big decision.

Avoid or Approach Those Who Purchase?

Posted: 06/03/2016 - 19:57

Another rainy trip up north, I thought to myself, turning on the windshield wipers. A recent phone call from Anne, the head of global purchasing, requesting my participation in reviewing some ideas to build stronger partnerships with their inside-outsourcing service providers (IOSPs), was the reason for the trip. Over my forty years as an IOSP, I’d become very cynical and prejudicial towards purchasing departments. As an IOSP to the auto industry, I’d witnessed countless purchasing initiatives resulting in bankrupting IOSPs due to a complete lack of foresight.

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