Remove Category Management Remove Goods & Services Remove Procurement Team
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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. .

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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

These steps may not apply to every procurement but once completed they will inform the procurement strategy which then leads to development of procurement document. Needs analysis ensures an accurate understanding of the goods / services being procured.