Remove Buyers Remove Purchasing Remove Supplier
article thumbnail

The Suppliers Perspective

Oxford College of Procurement and Supply

As buyers we often expect a lot from our suppliers, but do we take the time to think about what they need from us in order to perform to the standard we often demand of them? It is important for us to remember the suppliers perspective and to effectively communicate with them, so we receive the end product that we want.

article thumbnail

Creating Tail Spend ROI Through an Improved Buyer Experience

ivalua

To summarize, tail spend is commonly labeled as the money a company spends on purchases that accounts for roughly 80% of total transactions, making up about 20% of the company’s spend by volume. Lack of control or visibility into what is being spent and with which suppliers. Which supplier it was purchased from; and .

Buyers 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

In-Depth Analysis of Framework Agreements in Public Sector Procurement

Tracker Intelligence

Public sector procurement relies heavily on framework agreements as a streamlined purchasing tool for goods and services. Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently.

article thumbnail

Scottish Procurement Vlog – September 2024

Scottish Government Procurement

The key aim of our own supported businesses Dynamic Purchase System is to provide Scottish public sector and third sector bodies with a clear path to purchase goods and services from supported businesses. This month, we published AI guidance to both the Procurement Journey and the Supplier Journey.

article thumbnail

Is e-Procurement Free For Buyers?

Mercell

The 2 purchasers were highly interested and impressed in the solicitation and contract modules we showed and discussed. By telephone, the buyer let me know that the offer seemed very reasonable and that she was going to ask for approval from her manager. As a seasoned buyer, she went to her manager with 2 other offers.

article thumbnail

Ethics in the Supply Chain

Oxford College of Procurement and Supply

As a procurement professional it is paramount that “we” are aware of the conduct of our suppliers within all tiers of our supply chain. Any supplier within our chain should be performing positively in relation to these areas if they wish to remain on an approved supplier database. How much of your waste goes into landfill?

article thumbnail

How South Korea enables its green transition through green public procurement

Open Contracting Partnership

Initially, the reforms focused on two key actions: public institutions were required to create an annual GPP implementation plan with self-defined targets as well as a performance record of their green purchases. million and 4,415 new jobs created in the green economy, according to official figures.