Insights and Ideas for Purchasing and Procurement professionals
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A procurement platform is a must-have for every company that deals with procurement. We can no longer imagine our day-to-day procurement management without ProcurementFlow.
Igas ettevõttes on aeg üks väärtuslikumaid asju, millest enamasti jääb kõigil puudu. Favor AS räägib omast kogemusest, kuidas hankemeeskond vabastas 50% tööaega kasutades hanketarkvara.
The main purpose of a supplier day is to bring together your direct suppliers for relationship building and collaboration. Your end goal is to find ways for and boost supply chain collaboration and innovation in a mutually beneficial way.
We’re happy to invite you to the ISTF 2020, Industrial Subcontracting Fair on December the 9th, organised by ProcurementFlow. It’s a virtual matchmaking event for connecting EU manufacturers and suppliers.
The terms of NPD and NPI are often mixed up or used interchangeably. They’re both part of the process of getting products to market.
Here’s a quick dictionary of different RFx related procurement acronyms. Firstly, come the three most common terms, RFI, RFQ and RFP.
Running an RFx poorly is first and foremost a reputational risk. If an RFP or RFQ doesn’t result in awarding a contract, you could lose your marketplace credibility.
Procurement kanban board is a visual work management method designed to help streamline work processes specifically in procurement teams. For example, ProcurementFlow’s kanban board follows the Source to Pay (S2P) flow of Requisition, Sourcing, Ordering, Receiving, and Invoicing.
It’s common for the IT department to have support/help desk processes well in place with IT-specific helpdesk software like JIRA Service Desk. Meanwhile, purchasing and procurement functions are usually left without any modern tools, even though their role is as business-critical as IT. How come?