Bundling of orders ensures more efficiency and enables cost savings. The NORMA Group, international market leader for high-quality connection technology, has successfully rolled out an internal purchasing portal worldwide, working with JAGGAER. The “NORMA Store”...
What is Procurement? At its core, procurement is the process of sourcing goods and services for an organization. This involves finding suppliers, negotiating and agreeing to terms, actually acquiring the goods or services and often involves running a competitive...
What is Supplier Relationship Management (SRM)? Supplier relationship management (SRM) is a systematic approach to evaluating vendors that supply your organization with goods, materials and services. It’s one of the pieces that fall under the larger umbrella of supply...
Autonomous procurement is coming, whether you’re ready for it or not. Procurement and supply chain systems with embedded intelligence that can learn from your routine actions, provide business recommendations and automate your day-to-day tasks are already changing the...
Time is up for the consultation on the UK Green Paper, Transforming public procurement. The time to look for commercial solutions begins. A White Paper will now follow, with more concrete recommendations that should lead to a fundamental overhaul of public...
