How A VMS Effects Your Payment and Management Solutions

Posted by Patrick Russo on Apr 27, 2016 9:22:34 AM

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. 

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Finding The Best Mix of Sourcing Solutions for Your Organization

Posted by Thomas O'Neill on Apr 20, 2016 8:44:03 AM

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.

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2015 Assessment of the Group Purchasing Organization Industry

Posted by Patrick Russo on Dec 11, 2015 9:00:00 AM

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.

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What's Holding the Chemical Industry Back?

Posted by Heidi Reis on Jul 27, 2015 1:23:14 PM

The chemical industry has seen recent successes in many areas, however could that success be further amplified?

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The Category Management Process Recap

Posted by Andrew Matyas on Jul 13, 2015 11:54:20 AM

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. 

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Price Auditing: The Perfect Way to Round out Any Category Management Process

Posted by Andrew Matyas on Jul 6, 2015 9:32:00 AM

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. 

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Core List Rewrites: Maintain Your Savings!

Posted by Andrew Matyas on Jun 10, 2015 10:18:00 AM

Core List rewrites are an essential process to ensure that savings negotiated with suppliers are maintained over the life of the contract. It is a step in category management that many companies don't use and can be a major source of increased cost, especially in categories like MRO and office supplies. 
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The Benefits of Lost Savings Opportunity Reporting

Posted by Andrew Matyas on May 28, 2015 9:27:00 AM

Lost savings opportunity reporting is a critical part of the category management process and should not be over looked! With the opportunity to review your past spending decision results, you can ensure a more profitable future. 
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Why Utilizing Compliance Reports Make a Difference

Posted by Andrew Matyas on May 20, 2015 9:28:00 AM

Compliance reports are a crucial part in assuring that savings are continued through the length of a contract. Utilizing compliance reports makes a difference.
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Why Savings Reports Should Not be Neglected

Posted by Andrew Matyas on Apr 28, 2015 1:17:00 PM

Savings reports are one of the first steps in implementing a strong category management process. Are you utilizing your savings reports to the best of your ability?

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