Author: acquirell

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

August 03, 2022

3 main benefits of consolidation in purchasing

Consolidation in purchasing refers to the process of bundling the products and services into a single group based on common characteristics. Such an approach enables