Purchasing

Developing long-term relationships with suppliers creates a mutually beneficial partnership, which usually leads to better quality products and price reductions.

• How to make the most of your supplier relationships
• How to become a supplier to a large project
• Supplier contracts: 5 steps to avoid costly problems
• Starting an importing business—8 tips for dealing with foreign suppliers

A detailed overview of your expenditures is crucial to effective procurement. By looking at all the aspects affecting the prices of your products, you will be able to identify where costs can be cut.

• 6 ways the purchasing department can improve your business
• Digital procurement: 4 ways to boost efficiency and save money
• Best practices for buying goods and services

As the worldwide pool of potential suppliers and customers grows, the management of your supply chains is becoming increasingly important for your business’s competitiveness.

• Tips on getting started with global supply chain management
• How to remain competitive in an era of global supply chains
• How your business can tap into global supply chains
• Supply chain: Easy ways to improve purchasing
• 5 qualities of an effective supply chain manager
• 7 supply chain management tips from a veteran entrepreneur
• COVID-19: 6 steps to manage supply chain risks