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References for benchmarking your procurement function

References for benchmarking your procurement function

If you are seeking to measure procurement performance, do not hesitate to benchmark your procurement function. It will help improve spend value and also ensure optimal procurement function. You should not only look for external benchmarks to link with purchasing...

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How organisations can save money on travel procurement

How organisations can save money on travel procurement

In most organisations, procurement is not responsible for travel procurement, as it is usually handled by executives or a travel manager. If this is the case, it may surprise you to learn that travel is one of the biggest corporate expenses that you can control. If...

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Should CPOs be at the top table?

Should CPOs be at the top table?

In an organisation, procurement is not usually considered a strategically-important department. So, chief procurement officers (CPOs) and procurement professionals are seen as administrators responsible for negotiating and purchasing things for departments that make...

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Tips for reducing the cost of company cars

Tips for reducing the cost of company cars

Many companies do not manage their company cars effectively, leading to high operating costs. However, procurement professionals can look at reducing the cost of fleet cars. Here are some tips for reducing the cost of your company cars: Purchase of company cars Buying...

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