Remove Goods & Services Remove Procurement Remove Procurement Strategies
article thumbnail

Top 10 Foundational Steps To Building A Strong Procurement Strategy

The Procurement School

Author: Liz Busch Do you feel that your organization may not be strategically procuring the goods, services and construction it needs? If this sounds familiar, what can help move an organization from reactive to a strategic procurement approach? Organizational Objectives What are the organization’s procurement objectives?

article thumbnail

Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

Author: Graham Allen There are many similarities and differences between public and private procurement. However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. A solid procurement like a good building begins with a strong foundation which takes time to build properly.

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

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

article thumbnail

Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.