What Is Guided Buying and Why Does It Matter?

So you’ve met the right supplier and sat through price negotiation meetings which resulted in a contract pricing agreement. How do you translate your contract pricing efforts into actions that bring better savings, compliance and drive the right policies? The answer is through guided buying....

Procurement Documents 101

The two most basic entities involved in the procurement process is a buyer, the procurement department of a business and a seller, or a vendor. Throughout the procurement process, a lot of communication happens between these two parties all the way from source to pay,...

Getting to The Core of Your Vendor Management Challenges

A key external party that plays a big factor in the success of procurement is vendors. Procurement teams may be directing their personal attention to other activities in the procurement process such as requisition and payment but leave vendor management in the back burner. Effective...

The Best Practices of Successful Procurement Teams

The function of procurement teams is more than just procuring goods and services relevant to a business. The procurement role is considered to be fundamental towards achieving sustainable cost management for a business. With the procurement activity being one of the main drivers behind savings...

The Content Creator – Marketing Intern

I recently had the opportunity to work at Supplycart as a marketing Intern which is definitely an experience that I will never forget. Supplycart is my first working experience overall, which led me to be super nervous on my first day. But to my surprise,...

Why Is Product Management Important?

I would like to share my experience as an intern in Supplycart. Working here as an intern has given me insight into many things, from workplace ethics to cultural barriers. But the one impactful factor that matters most as an intern are the skills acquired...

Spend visibility and it’s importance

Do you know what your company is spending on? The fact remains that many organizations aren’t aware of their own company’s spendings. Businesses, unfortunately, don’t understand the importance of spend visibility but it actually plays a huge role in the organization. It allows businesses to...

Benefits of Easy-To-Use Procurement

The introduction of procurement into the business world has eased and simplified the process of organizations’ acquiring products and services from the best suppliers. Procurement also has the ability to get the right product at the lowest price with the right quantity, it is able...