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Insights and strategies for effective sourcing, contract, supplier, and savings management in procurement

Sourcing Software
Sourcing

What are the Benefits of a Strategic Sourcing Software?

December 15, 2022 The oboloo Team

What are the Benefits of a Strategic Sourcing Software? Strategic sourcing is a process that involves evaluating and negotiating with suppliers to ensure the best price, quality, and delivery of goods. This type of process is often used in large enterprise-size companies or organizations because it enables them to streamline their operations and purchase from the most qualified […]

Supplier Code Of Conduct
Supplier Management

What is a Supplier Code of Conduct?

December 13, 2022 The oboloo Team

What is a Supplier Code of Conduct? As a business, it is important to know how to intelligently manage and make ethical decisions when dealing with suppliers. To ensure that your company’s suppliers are also adhering to the same standards of ethical practices, a Supplier Code of Conduct (SCC) is necessary. A Supplier Code of Conduct is a […]

Supplier Policy
Supplier Management

What is a Supplier Policy in Procurement?

December 8, 2022 The oboloo Team

What is a Supplier Policy in Procurement? For any business, procurement is an integral part of their success. Not only does it involve finding and sourcing the right suppliers and materials needed to run a business, but it also involves setting up policies and procedures that will ensure suppliers are working efficiently, ethically, and cost-effectively. One of these […]

Procurement
General Procurement

What is Procurement? Types, Technologies, Procedures & Processes

December 6, 2022 The oboloo Team

What is Procurement? Types, Technologies, Procedures & Processes Procurement is a term that’s used in many different industries, but it can often be difficult to understand. It can include a wide range of activities, processes and technologies, all with the goal of successfully acquiring goods or services for an organization. In this blog post, we’ll […]

procurement savings
Savings Management

5 Steps to Maximise Procurement Savings

December 1, 2022 The oboloo Team

5 Steps to Maximise Procurement Savings   Procurement is a necessary part of any business – no matter the size. But it’s also an area where businesses can make huge savings by cutting costs and maximising efficiency. With this in mind, this ultimate guide will provide you with all the tips, tricks and advice that […]

Strategic Cost Reduction
Savings Management

What is Strategic Cost Reduction in Procurement?

November 29, 2022 The oboloo Team

What is Strategic Cost Reduction in Procurement? Strategic cost reduction is a powerful tool in any business’ procurement process. It involves the careful analysis and optimization of costs, leading to improved efficiency and effectiveness. Strategic cost reduction can be used to identify areas of waste and quickly reduce costs through better buying practices. But what exactly […]

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