Author: acquirell

June 08, 2023

How Automated Contract Renewal can Impact the Company’s Business processes?

This article discusses how automatic contract renewals can affect an organization’s business processes and how to obtain better terms without automatic contract renewals. In the

October 21, 2022

What is a Dutch Auction and why it should be an integral part of your e-sourcing strategy?

This article reviews the main benefits that purchasing managers gain by conducting such a sourcing event. Also, the article elaborates on the general structure of the Dutch Auctions and the way they can be implemented to e-sourcing strategy.

October 13, 2022

3 Steps For Settling Supplier Relationship Management (SRM) Workflow

Settling and arranging the workflow should be one of the main goals of any company while building a Supplier Relationship Management strategy. Let’s review the

September 08, 2022

Key benefits of Supplier Relationship Management | SRM strategy​

Nowadays, procurement managers realize that developing long-term partnerships with sustainable suppliers can mutually benefit both parties: the purchaser and the supplier. Before, the businesses haven’t