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Purchase Manager Skillsets to Focus on in 2015 and Beyond
It’s no secret that purchasing is going through some significant and rapid changes. While the changing landscape of purchase management is clear, what isn’t as evident is whether or not professionals are keeping up with skillsets needed to adapt to those changes. Given that as many as one-third of... Read Article
July 31, 2015
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BY Bellwether
Purchasing Performance in the Right Context
As a purchasing manager, it’s important to understand how CEOs and CFOs evaluate the performance of purchasing departments. If this type of discussion is taking place in a formal setting, a common approach is to reconcile your savings claims with changes in financial statements. Purchasing managers across a wide... Read Article
July 31, 2015
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BY Bellwether
The Role of Purchasing Managers in 2015
While purchasing managers have always played an important role within in companies, there was a time when their role was not very visible. However, there has been a significant shift over the last few years. Because supply chains have become a focal point for businesses across numerous industries, purchasing... Read Article
July 4, 2015
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BY Bellwether
Proven Ways to Improve Supplier Relationships
It’s important for purchasing departments to maintain professional relationships with suppliers. That being said, it doesn’t always make sense to conduct business in an overly formal manner. The reason is being too formal can get in the way of effective communication. By finding smart ways to overcome that barrier,... Read Article
July 4, 2015
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BY Bellwether
Technology Helps Businesses Stay Ahead of the Curve
Starting a business is never an easy task. Even with the best team and the right strategy, obstacles are still going to come up. While there’s no way to avoid challenges, new businesses that find the right way to face them can eventually get on the path to success.... Read Article
July 4, 2015
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BY Bellwether
How Millennials Are Influencing B2B Purchasing
Millennials are a demographic that get a lot of coverage in the press. Millennials being unable to find jobs and dealing with large amounts of student debt are two of the most popular topics for big publications to cover. While those topics make for good stories, they don’t paint... Read Article
July 4, 2015
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BY Bellwether
What Trends Will Shape Procurement This Year?
Although we’ve all settled into 2015, there’s still quite a ways to go before we reach 2016. Since there is a lot that can happen between now and the end of the year, many procurement professionals are looking at different trends which are expected to shape the landscape of... Read Article
May 12, 2015
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BY Bellwether
Common Procurement Mistakes to Avoid
Running a successful procurement department isn’t something that generally happens overnight. In order to get this department to an optimal position, it’s important for there to be clear goals in place. In addition to setting clear goals for what the department should focus on achieving, it’s also important for... Read Article
May 12, 2015
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BY Bellwether
What’s the Biggest Negotiation Mistake Procurement Departments Make?
We’ve recently written about the fact that many purchasing managers don’t negotiate at all when they speak with suppliers. We have also gone over some of the strategies that purchasing managers can use to successfully negotiate with suppliers. While this has allowed us to cover many of the best... Read Article
May 12, 2015
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BY Bellwether
Should Your Purchasing Department Automate Its Invoice Processing?
While there’s no denying the fact that technology is now everywhere, that doesn’t mean it always lives up to its promises. Most businesses have gone through the process of getting excited about a specific piece of technology, only to have it fall short of the claims it makes. Because... Read Article
May 11, 2015
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BY Bellwether
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