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Procurement specialists at SMEs usually learn the main skills of the job by trial and error, which often leads to unnecessary costs to organizations. Knowing about and avoiding these mistakes will help small enterprises save money and increase profit. Here are eight of the most common global procurement mistakes made by SMEs.
Ahmad Malek’s journey in international trade began in 2012 when he joined the Schlumberger Dubai office in the finance team of the logistics and distribution…
For Rodrigo Osorio, it all began in Shanghai, China where he was working to develop his Chinese language skills in a corporate environment. Attending the Canton Fair in Guangzhou, proved to be a turning point in Rodrigo’s career in international business.
When mitigating the impacts of increasing tariffs, you need to consider 4 important levers – procurement costs, supply chains, customers, and competitors.
The procurement process can be complicated one. Strategic procurement is an organization-wide process. Here are the 7 steps that lead to a successful procurement process.
Magali Bourdeilh, PACI|FPAI is the Coordinator, Procurement and Transportation Logistics for Mosaique Surface, a company specializing in custom stone mosaics.
Besides following a standard sourcing procedure, there are several actions companies must take to ensure that they have an efficient procurement strategy.
Kevin Duncan, CITP|FIBP, is a Senior Buyer Technical Procurement at NOVA Chemicals, where he ensures compliance with all customs, and manages an important supply portfolio, providing competitive pricing while maintaining strong supplier relationships.
A sustainability action plan is crucial for businesses. Here’s how 5 brands are leading with sustainable supply chains and ESG programs.
Tis the season for looking back on the past year and preparing for the year ahead. Every year at this time, we like to look…
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