Development of purchase structures and processes
The new competences of Buyers
To keep pace with market trends, purchasing is evolving with unprecedented dynamics. Companies invest huge resources in activities aimed at increasing the role of purchasing departments. The goal of the investment is to get buyers out of the traditional role of “cost guards” and increase the potential added value they can bring to organization. The…
Read MoreDigitization of the supplier management area – the most important benefits
Supplier management is an area that traditionally requires the largest participation of people. However, as is the case in other departments of the company, innovative technological solutions allow you to optimize the efficiency and commitment of employees of the purchasing department. Let’s look at the benefits that digitalisation of this area can bring. Increased efficiency…
Read MoreIT system vs business negotiations with suppliers
On our blog, we have repeatedly discussed topics related to the use of IT systems in building a purchasing strategy and ongoing supply chain management. However, the IT system can also be used as a tool to help prepare business negotiations with suppliers. And for at least two reasons. The first is the ability to…
Read MorePurchasing strategy as a source of competitive advantage
The purchasing strategy is one of the pillars supporting the company’s competitive advantage. Building a coherent vision of the supplier base, eliminating weaknesses and focusing on the advantages allows on the one hand to generate savings, and on the other to build trust and loyalty of customers.
Read MoreHow to solve problems during building a purchasing strategy?
Preparation and implementation of the purchasing strategy isn’t an easy task. All the more so, because the strategy that suits the needs of the organization in this area, is not only a source of savings. It’s also one of the most important competitive advantages and one of the best ways to build customer satisfaction and loyalty.
Read MoreBenefits related to sustainable supply chain management
In one of the previous post, we raised the issue of the negative effects related to the non-application of CSR principles in supply chain management. However, in the implementation of sustainable supply chain management, it is not only about minimizing risks, but also about increasing the company’s competitiveness.
Read MoreOptimization of structure and processes
Research clearly shows that companies struggling with difficulties in the area of supply chain management usually achieve worse results than direct competition.
Fortunately, there are proven ways in which you can quickly change resulting in an increase in efficiency and improvement of financial results.
GDPR in the purchasing department
GDPR is a popular name for the General Data Protection Regulation. The implementation of the GDPR by many experts is referred to as the revolution in the management of personal data in enterprises.
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