Category: Procurement

Purchasing and procurement are two key functions at the heart of the supply chain. While often used interchangeably, these related concepts have distinct roles. Purchasing focuses on acquiring the goods and services necessary for the company’s...

In the world of purchasing and procurement, transportation is a strategic issue for businesses. Although it is a significant cost, it is synonymous with securing the supply chain. That is why it is crucial to optimise...

“Predictive analytics” is an umbrella term incorporating several kinds of technology for analysing data as well as statistical and mathematical techniques. The aim is to identify future trends in data sets. This technology is becoming more...

Long-tail spend optimisation is a little-known issue in companies. Usually, procurement departments manage their head and mid-tail purchases in a structured way, but it is not always the case for long-tail spending, which is perceived as...

Long-tail spend optimisation is a little-known issue in companies. Usually, procurement departments manage their head and mid-tail purchases in a structured way, but it is not always the case for long-tail spend, which is perceived as...