Maintaining vendor relationships is crucial to your business. However, ensuring quality and effectiveness is just as important. Explore how to create and use a supplier scorecard to measure and optimize vendor performance.
The RFP lite is a concept that's catching on in procurement circles. Also known as a short-form RFP, the RFP lite speeds the RFP process for certain procurement projects. Learn more, read tips and see examples in this post.
What does it mean to be a procurement manager? This valuable role is growing in strategic importance for many businesses. Explore the procurement manager role, responsibilities and challenges. Then, learn even more with engaging professional networks and helpful career development resources.