This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
When we make more environmentally friendly sourcing choices, we can reduce greenhouse gas emissions and minimize our impact on the environment. In our previous blog post, we discussed the benefits of sourcing locally. Unsurprisingly, technology has a role to play in green supplier selection.
Raw MaterialSourcing Success Story: More Suppliers Participated plus Time and Hard Dollar Savings. If your colleague increased supplier participation, saved time and generated hard dollar savings, wouldn’t you want to know how they did it? It also reduced the analysis and negotiation time.
Read on to learn why cost spend analysis is so important and what the general spend analysis steps are to reduce spend at your company. There are specific steps you can categorize and group analyses. Direct spend is related to purchases for materials that go into the product you sell. Spend Analysis Steps : Asking Questions.
This type of reverse bidding works out well for many buyers and suppliers, particularly in certain industries, such as raw materials, transportation services, and government entities. Significant savings for the buyer. A buyer will put up a request for goods and services and the suppliers compete for the business.
This type of reverse bidding works out well for many buyers and suppliers, particularly in certain industries, such as raw materials, transportation services, and government entities. Significant savings for the buyer. A buyer will put up a request for goods and services and the suppliers compete for the business.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content