Procurement Performance & Development

How to use spend analytics in supplier negotiations?

Supplier negotiation is a combination of interpersonal skills, tactics, market understanding, and da..

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Working capital optimization through payment terms

How payment terms impact on working capital? Working capital is the money used in day-to-day trading...

Savings & Finance,

Commodity price fluctuations | mitigating price volatility

Commodity meaning in procurement  In procurement, a commodity means raw or semi-processed materials ...

Savings & Finance, Procurement Explained,

Procurement savings | Definitions and calculation examples

The main goal of procurement is to ensure products and services are bought at the right price. Cost ...

Spend Analysis, Savings & Finance, Procurement Explained,

Materials Forecasting Explained

Materials forecasting is the process of creating direct materials cost budgets and forecasts to help...

Savings & Finance, Procurement Explained,

How to Calculate and Forecast Purchase Price Variance (PPV)

In any manufacturing company Purchase Price Variance (PPV) Forecasting is an essential tool for unde...

Savings & Finance,

Cost Reduction – The Common Language Between Finance and Procurement

In this series freelance procurement expert Elaine Porteous explores core topics in procurement and ...

Guest Blog, Savings & Finance,

SavingsBridge – Our Solution to Connect Procurement and Finance

We recently introduced our new book Procurement Loves Finance, which is about building and nurturing...

Savings & Finance,

The Roadmap to Measure Real Savings for Indirect Spend

I was having discussions a few weeks back with one of our clients regarding actual savings calculati...

Savings & Finance,
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