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Procurement basics

Strategic sourcing – is there a definition of it?

There are several opinions about the meaning of strategic sourcing. Is it creating a procurement strategy or sourcing strategic materials? Or something else?

1 Comment
21/07/2021
Procurement basics

TCO – Total cost of ownership

While in our “normal” life we do not think too much about this concept, in procurement it is quite important.

2 Comments
12/07/2021
Procurement basics

The hidden cost of small value purchase orders

Small value LPOs are the nightmare of every procurement professional. See how you can convince your stakeholder to remove them completely

0 Comments
09/07/2021
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