Sometimes, it seems that you have to spend in order to save.

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Tags: e-procurement, ordering, orders, procurement, suppliers

Every dollar your company invests in what you do ends up saving the business at least three dollars — and up to eight dollars for top-shelf Procurement operations.

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Tags: CFO, operating cost, ordering, procurement, sourcing

It’s a tightrope you walk every day: Keeping enough inventory on hand that you always have what you need — without tying up too much of your company’s cash.

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Tags: customers, inventory, ordering, sales, supplier

Your purchase forecasting — as opposed to the TV weatherman — needs to be flexible rather than perfect, if it’s going to succeed.

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Tags: forecast, ordering, purchasing, suppliers