Purchasing and procurement is a vast landscape involving multitudes of processes and operations. Defining this overwhelming number of processes, functions, and operations would need an
An enterprise needing a product or service can either go with local or global sourcing. Since both terms are pretty self-explanatory, we will directly jump
Paperless procurement represents the set of electronic/digital processes used to source a product or service from suppliers. From managing the categories of items-to-be-sourced to generating
Digitization has changed business processes significantly, and supply chain management is no exception. Over the last two decades or so, many software tools and applications
No supply chain operation runs in an ideal setting with no mistakes and faux pas. However, if those mistakes become more frequent, they can significantly
Spend management has proved to be a game changer for many organizations in streamlining their overall operations. It benefits them in many ways, from streamlining
In the last decade or so, enterprises have realized the importance of robust and proactive spend management protocols. No matter what is the size, scope,