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Procurement process flow: From basics to best practices in 2024

Fine-tune your procurement process flow for maximum impact. Discover 9 steps to follow for a more efficient procurement process and easy optimizations to make.

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Material procurement explained: Process, strategies, and benefits

Material procurement drives profitability and production excellence. Explore step-by-step processes, practical strategies, and solutions to common challenges.

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Indirect Procurement: Examples, Best Practices, & Challenges

Indirect procurement involves purchasing goods and services that support operations. Discover how optimizing these overlooked expenses can boost profits and efficiency across your organization.

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Direct Procurement Explained: Examples, Strategies, and More

Direct procurement impacts product quality and profitability. Learn key strategies to overcome supply chain disruptions and build supplier partnerships.

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What is a procurement plan and how do you create one?

Learn how to create a procurement plan that improves purchasing decisions, reduces risk, and keeps projects on time and on budget with clear steps, strategies, and compliance tips.

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Retail procurement essentials every retailer should know

Learn the retail procurement essentials that drive inventory efficiency, strong supplier partnerships, and improved customer satisfaction to boost your retail business performance.

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What is a P-Card? How Businesses Use Purchasing Cards

Organizations are constantly seeking ways to streamline their procurement processes while maintaining control over spending. Purchase cards (p-cards) are a powerful solution. Learn how they work.

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8 Processes Every Procurement Team Should Automate

Understanding which processes to automate can improve your procurement team's effectiveness. Discover the 8 processes every procurement team should automate.

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25 KPIs every procurement team should track and measure

Discover 25 essential procurement KPIs that drive business value. Learn how to track and measure metrics that matter, from cost savings to supplier performance.

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How to effectively build and structure a procurement team

Learn how to build and structure an effective procurement team at any company size. Discover key roles, optimal team sizes, and strategies for managing spend more efficiently.

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Purchase order vs invoice: How to distinguish purchase orders from invoices

Learn the key differences between purchase orders vs. invoices and why both are essential for accurate financial documentation during the procurement process.

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What is a purchase order and how does it work?

Discover how purchase orders streamline procurement, improve vendor relationships, and enhance financial control. Learn types, benefits, and how to automate POs for efficient business spending.

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How to Create a Successful Procurement Policy

An effective procurement policy is not just a set of rules, but a strategic tool that drives efficiency, ensures compliance, & mitigates risks. See how you can create a procurement policy in 12 steps.

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Purchase Order Management Essentials For Procurement Teams

Implementing an efficient purchase order management process offers numerous benefits to businesses. Learn how to optimize your procurement process, control costs, and boost profitability.

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What is a blanket purchase order and when should you use it?

Discover how blanket purchase orders (BPOs) can streamline your procurement process. Learn the benefits, best practices, and when to use BPOs to save time and reduce costs for your business.

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The Procurement Team’s Guide to Tail Spend Management

Transform your procurement strategy with effective tail spend management. Our guide shows you how to plug spending leaks and boost your bottom line.

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