In order to understand which form of a GPO is best for your company or whether you should be considering a GPO at all, you'll need to understand the different forms of group purchasing.
In order to understand which form of a GPO is best for your company or whether you should be considering a GPO at all, you'll need to understand the different forms of group purchasing.
Before we can better understand how group purchasing can benefit your organization's future, let's first take a look at the history of group purchasing.
Millennials make up the largest percentage of the U.S. labor force. They bring with them new ideals and work habits that could have a major effect on the contingent workforce.
Often times an organization may not have knowledge of the existence of manufacturer deviations. Lack of such knowledge can result in lost of significant discounts. This article will help you understand whether deviations exist or not within your company.
Contingent workers or independent contractors have become a significant and sometimes permanent aspect of any workforce. Because of their large presence, companies should be considering the tools they use to manage these workers.
Does your procurement organization rely primarily on in-house staff? Today a number of third party sourcing solutions exist that can provide equal or superior results more economically and free up internal resources in order to focus on sourcing your most strategic categories.
CoVest Sourcing Network has partnered with My Purchasing Center to produce a study that will identify and understand how leaders create value through group purchasing.
The chemical industry has seen recent successes in many areas, however could that success be further amplified?
Now that you've learned about each individual step of an effective category management program, here is how they work best together to make a solid, effective management approach.
Price auditing is one of the most significant processes after implementing a contract, however, it does not get its due share of recognition. It is essential in any category management process.
