ProcureAbility’s Post

The Fall is a great time to revisit the fundamentals of #procurement! Check out our step-by-step guide on the stages of the procurement process and how to boost your overall #ROI. 💡 https://lnkd.in/gqAxyQUS

As we step into the new year, let's not forget the fundamentals of procurement. Embracing sound strategies is key to boosting ROI. Here's to a year of smart decisions and increased efficiency! #Procurement #ROI

We need your expert opinion! After enduring prolonged challenges with rising raw material costs and supply shortages, the landscape finally began to stabilize last year. But what comes next? Are companies leveraging this breather to overhaul their raw material management strategies? Is there a shift in the procurement markets? What about the pace of digital transformation in procurement practices? 👉 Participate now... #RawMaterials #Procurement #SupplyChain #DigitalTransformation

🚀 Uncover how #procurement leaders are implementing modern strategies to enhance procurement efficiency. ⏩ Swipe through for #strategies and #insights tailored for procurement challenges. Learn more about how we can help you transform your procurement approach. Speak with a Sourcing Insights procurement expert today! 👉 https://lnkd.in/eWYAgnni #sustainability #sustainableprocurement #supplychain #sourcing #purchasing #logistics

Struggling with inefficiencies in your direct procurement process? It's time to evolve! In our latest blog post, we deep dive into the critical need for a robust sourcing solution, exploring its benefits and how it can transform your procurement strategy. Whether you're managing complex supply chains or looking to optimize your procurement processes, this read is a must!   Don’t let inefficiency drain your resources — read the blog now - https://lnkd.in/dPBqMxBj Visit us at👉 www.merlinsourcing.com #MeRLINSourcing #Procurement #StrategicSourcing #DirectProcurement #SourcingSolutions #SupplyChainOptimization #DirectMaterialSourcing #SupplyChain #ProcurementChallenges #SupplyChainManagement

Your checklist to drive procurement savings should include 3 questions: #1 Is this activity necessary❓ Applies to: Unnecessary or low value creation activities #2 Is this activity optimized❓ Applies to: Inefficient and low productivity levels flagged across teams, equipment and processes. #3 Is the price right❓ Applies to: Increasing costs for purchased goods/services Flagging these cost-drivers and having the right measures in place helps you strategically reduce spend leakages in your supply chain. (Counter measures included 👇 ) What else would you keep an eye out for?

As Alan Withers from Telent Technology Services Ltd points out, when it comes to the procurement of services in categories like consulting, IT, legal, marketing etc "often there's a great big gap (in visibility & control) where it's done at a localized (buyer) level". Really interesting insights (in the last 2:45) on where & how he believes procurement teams can start to influence & change this. #servicesprocurement #statementofwork #sow #spendmanagement #servicesspend #procurement #procurementtransformation #procurementtechnology #digitalprocurement #professionalservices #consultancyservices #sowspend #outsourcing https://lnkd.in/eqfDDa4S

We cover most bases where procurement and supply chain challenges are concerned. Get in touch if you would like to discuss whether we might be able to help you. #procurement #supplychain

Just been talking to a large group of Procurement people and their never ending Q's about hard/soft savings! STOP....have said this for many years: Procurement need to stop the focus on %, soft or hard savings alone and change the conversation to driving value on achieving outcomes that help the business... #procurement, #sourcing,

Outstanding over the competition, is one of the daily challenges organizations face on their operations. Achieving competitive advantage is essential to keep performing in a so volatile market. Below I share some of strategies that can be used to achive competitive advantage and how we, as procurement professionals, can contribute actively on such endeavour. #letstalkaboutprocurement #competitiveadvantage #procurement #supplychain