Understanding Business Process Redesign

Process redesign is used to reinvent the way that a business operates, making the organization more cost effective, efficient, and stakeholder oriented.... 

Procurement Ideas (Green Procurement)

Often the most highly visible aspect of a green business plan includes purchasing and the supply chain. Suppliers are being held to a higher standard, subjected to greater scrutiny and expected to respond to these challenges. .... 

Getting a Handle on Call Center Headaches

Outsourcing call center operations can significantly reduce costs for labor, investment capital and overhead, all while improving both overall business productivity and efficiency....

What is an RFI, RFQ, or RFP?

Typical sourcing project may include many types of requests, from a buyer to potential suppliers, or vendors.  Types of requests include....

Writing an RFP (Request for Proposal) 

When a company needs a project to be completed by a contractor or outside source, they write a RFP. This is a formal document describing the project, how the contract companies should respond, how the proposals will be reviewed, and contact information ....

What is a Proposal and Why Do You Need One? (For Suppliers)

Do you know anyone who regularly wins bids? Or can boast a balanced relationship between doing the hard work of producing proposals and regularly winning the business?

How to Construct an Effective Telecom RFP

In the telecom industry, the RFP can serve as the means for purchasing equipment as well the preferred path by companies and government agencies to obtain telecom services and maintenance agreements from telecom carriers themselves.... 

What is a Reverse Auction?

Reverse  Auctions allows you to  expand the marketplace, by uniting a client with multiple competing bidders. A Reverse Auction allows you to minimize the time spent on traditional bidding, and provides more focus on the potential savings....

Professional Buyer's Use of Reverse Auctions

Some professional buyers are still wondering why they should take advantage of reverse auction technology. It is true that some items are not good to reverse auction, but some are very good opportunities for reverse auction. This article will give a brief look into the top five buyer rewards for using reverse auctions and how the buyer and their company can be more successful....

Aberdeen and Source One Research Report

New Report Benchmarks Sourcing Effectiveness and identifies best practices for Strategic Sourcing in the mid-market.... 

Creative Approach to Strategic Sourcing & Supplier Engagement

New Report Benchmarks Sourcing Effectiveness and identifies best practices for Strategic Sourcing in the mid-market.... 

Storeroom Management