Freelance Business Writer in Supply ChainProcurement
What is spend analysis and why is it important?
Spend analysis is the practice of analyzing procurement spend to decrease costs, increase efficiency or improve supplier relationships. Reports generated from the analyses provide recommendations based on facts, not assumptions. Decisions can be made on how to [...]
Data integrity means a stronger supply chain
Companies that place a high value on data integrity have a competitive edge. Accurate inventory reports are crucial.
Consumers want fast deliveries – and a green environment
Sustainability is based on the principle that socially responsible products and practices are not only good for the environment but good for society and business.
Consumers want visibility into what they buy
Customers want to know that the goods they buy are safe, sourced legally, ethically and manufactured without damaging the planet.
Procurement skills of the future – WEF
Reviewing the Top 10 skills for 2025, as identified in the WEF Report, we see that many of these are conceptual and require judgmental ability
Spend data categorization – what is the best method?
Spend categorization does not have to be painful. Granted, it can be time-consuming and demanding, but the time spent on developing a robust category structure will pay off handsomely.