Category Management in Procurement means grouping similar types of item together so you can look at them in more detail. Sometimes we talk about ‘categorising your spend,’ where you look at a full year (or other time period) and review how much money was spent on different types of goods and services. Category Management in… Continue reading Category Management or You Spend HOW Much?!
Procurement in Action: Putting the ‘Strategic’ in Strategic Procurement
One of my closely held beliefs is that anything an organisation does should power its goals. This is key to making building strategic procurement.
Total Cost of Ownership & A Calamitous Bike Owner
How is total cost of ownership calculated? Take the initial purchase price and add the additional costs expected during its lifespan. Let’s take the example of owning my bike.
How To: Tender to Save Money
Tendering is where you tell a group of companies what it is you want to buy, and they tell you about the products and services they offer, their price and their terms. Here we’ll look at how to tender to save money.
Supplier Appraisal: Would you buy from Wonka Industries?
A story of Carter’s 10Cs, supplier appraisal and should I call the Home Office?
Supplier appraisal ensures you find the right suppliers that fit your business and your goals.