Collecting and tracking holistic data is the key to buying what your business actually needs, when it needs it, and at the right terms. When it comes to capital equipment and direct spend purchases, companies, by and large, maintain significant control, keeping a close watch on inventory, pricing, and contract […]
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To ensure that you are getting optimal performance from your suppliers, especially in the area of indirect spend, your procurement department must consistently combat complacency in supplier relationships. When it comes to direct spend, procurement professionals typically know what they’re spending, down to the smallest item. Production of core products […]