supplier negotiations

Tips for Managing a Successful Competitive Bid

Posted: 12/31/2020 - 03:09
Author: Susan Mercer-Tumilty
Agile 4 Step Procurement Methodology

Agile 4 Step Procurement Methodology, developed through decades of experience, delivers practical and sustainable results. It is a method our clients find valuable and one we use internally for our projects, too. Practice what you preach!

Imagine you have a competitive bid to run. You have completed your planning and research, gathered your requirements, performed a marketplace assessment and determined your sourcing strategy. You are ready to move forward with the competitive bid. With so much to do, how do you stay organized and what are the next steps?

The Dangers of Dirty Data and How to Ensure Your Data Has Its COAT on

Posted: 10/23/2020 - 02:11
Author: Susan Walsh
Data accuracy is an investment, not a cost.

We all think we know what dirty data is, but it can mean very different things to different people. At it’s most basic level, dirty data is anything that’s incorrect.

Within procurement, it could be misspelt vendors, incorrect invoice descriptions, missing product codes, a lack of standard units of measure (e.g., ltr, l, litres), currency issues, duplicate invoices or incorrect/partially classified data.

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