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5 Keys to Improving Your Procurement Strategy

At its heart, a successful procurement strategy is one that ensures cost-effective purchasing decisions are made from a group of reliable vendors who deliver quality goods on time and at mutually agreeable terms.

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metal-key-with-success-tag-to-demonstrate-successful-procurement-strategy

5 Keys to Improving Your Procurement Strategy

At its heart, a successful procurement strategy is one that ensures cost-effective purchasing decisions are made from a group of reliable vendors who deliver quality goods on time and at mutually agreeable terms.

READ MORE >
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How Systematic Volume Incentive Programmes Improve Margins

A volume incentive programme provides a strong financial incentive for distributors and buying groups to concentrate their sales efforts – thereby improving the profitability of these channel partners through driving high-volume orders.

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What to Ask to Ensure You Buy the Best Rebate Management Software

Rebate accounting is notoriously time-consuming and complex.  Only the best rebate management software can automate key tasks, track deals and automatically calculate rebates in real time.  

Choosing the best software will enable you to maximise the effectiveness of your programmes and drive business growth.

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Best Practices for Procurement in Business

The role of procurement in business involves everything from identifying which goods and services the company needs. To assessing and selecting vendors, negotiating terms and prices, approving invoices, arranging payments and maintaining the right documentation and records.

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Using Rebate Management to Improve Revenue Management

Effective revenue management is the lifeblood of every business. However, revenue leakage remains a key challenge for commercial teams – and mismanaged rebate programmes are often to blame.

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How You Can Improve Your Construction Procurement Strategy

The right construction procurement strategy is critical to completing projects on time and within budget.

Procurement is the process of acquiring new products and services for a construction project. To the layman, it may sound like just a fancy word for buying something – but the reality is that while procurement is a simple concept, the scope of work involved with procurement management is wide and varied, making it a complex practice with many moving parts.

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How to Avoid Your B2B Rebate Programme Failing?

Question: What makes a successful B2B rebate programme? 

Answer: One that generates more sales. 

Well, of course, that is true – but there are other considerations to take into account. 

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Analysis rebate visibility

Why Rebate Visibility and Auditing Are Important?

In a complex supply chain, real time rebate visibility is vital to success. 

As part of the commercial team, you may be in charge of creating and managing attractive incentives through customer rebates - meanwhile the procurement team will be striking deals with vendors and accessing supplier rebate programmes.

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Best Practices for Supplier Rebates

Pricing professionals have a critical job on their hands – to deliver the best pricing strategy for profit maximisation. 

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