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How to Set Up a Best-in-Class Procurement Department

December 20, 2017 by Andres Kuuse

If you’re looking to set up a procurement department for a newly established business, take a look at the steps below. The same steps can also be used to restructure existing procurement processes to add value to your business practices.

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10 Practical Tips for Creating Supplier Questionnaires

June 14, 2016 by Hillary Ohlmann

A request for information (RFI) from suppliers is often the first stage in supplier onboarding. By including well-formatted supplier questionnaire in your RFI, you can develop a more efficient supplier selection process and make it easier to review and compare suppliers once you’ve received...

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3 Quick Wins for New Procurement Directors

June 07, 2016 by Hillary Ohlmann

Walking into a new office can be an intimidating experience. New colleagues, a new desk, a whole new work culture. There’s a lot to take in, and feeling comfortable in a new position can take awhile. Even if you’re moving around within the same organization, you might still have to make...

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Innovative Approach to TCO: How to Drive Savings Even When Price is Non-negotiable

April 12, 2016 by Guest Contributor

DeltaBid welcomes this guest blog post from Irina Gordienko, a procurement and contracts professional. In this article, she describes how to use total cost of ownership (TCO) as an innovative way to achieve savings.

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5 Questions to Guide Procurement Transformation

April 05, 2016 by Hillary Ohlmann

The DeltaBid team recently attended a stellar conference in Parnu, Estonia, organized by the Estonian Purchasing and Supply Chain Management Association, PROLOG.

One of the most engaging speakers on the ticket was Jack Quarles, founder of Buying Excellence and former Director of Corporate...

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Capture Cost Savings and Reduce Maverick Spend With Purchase Requisitions

February 16, 2016 by Hillary Ohlmann

Compliance and organization. As a procurement professional, you know these two things are an important part of the purchasing process. However, would your internal customers agree?

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Top 5 Reasons to Implement Requisitions Management Software

February 09, 2016 by Hillary Ohlmann

Email is over 20 years old. To put it in perspective, recent college graduates have never known a world without email. It has become an integral part of our personal and professional lives. A recent study by The Radicati Group says the average business user sends or receives 122 emails per day....

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Purchasing Starts With Requisitioning. And So Does Compliance.

February 02, 2016 by Hillary Ohlmann

As a procurement professional, you probably love details. I know I do. I thrive on planning and looking at the fine print. I’d be preaching to the choir if I had to explain to you why it’s important to comply with the purchasing process. You already know that managed spend reduces costs...

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You’re a CPO, Not a Firefighter: How Requisitioning Tools Keep You Organized

January 26, 2016 by Hillary Ohlmann

The CPO for any large, multinational corporation runs a department responsible for managing millions of dollars of spend every year. With so much on your plate, it’s easy to get confused—some mornings (or nights and weekends) you might find yourself opening your inbox and starting to put out...

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Are you going where no procurement officer has gone before?

October 13, 2015 by Peep Tomingas

Have you ever been assigned to a project where the team has never before had to work with a procurement officer? If you have, you know that the challenges are great, but with great challenges come great rewards. The addition of a procurement officer is the harbinger of change, and change...

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