Taming the Hidden Monster: Why Indirect Spend Procurement Strategies Matter
For many businesses, the focus on effective procurement strategies leans heavily towards direct spend – the raw materials and goods that directly contribute to the final product. However, a significant…
The Talent Equation: Building and Retaining a High-Performing Procurement Team
The success of a modern procurement organization hinges on the talent and capabilities of its team members. Building and retaining a high-performing procurement team are essential for driving innovation, continuous…
Managing Risk in a Volatile World: Strategies for Mitigating Supply Chain Disruptions
As global markets become increasingly uncertain, businesses are now more susceptible than ever to supply chain disruptions from unforeseen events. Natural disasters, political unrest, global pandemics, and economic fluctuations have…
Beyond Price: The Art and Science of Effective Negotiation in Procurement
Effective negotiation is a critical aspect of procurement, with the potential to drive value beyond just cost savings. As the world of procurement continues to evolve, acquiring advanced negotiation skills…
Procurement Process in UAE & KSA: Tips for Improvement and Efficiency
Procurement is a critical component of any business. In simple terms, procurement refers to the process of sourcing and acquiring goods or services from external vendors or suppliers to fulfill…
Procurement Marketplaces in the Middle East: What to Know
The global market is witnessing a paradigm shift in business methods, moving towards digitalization and automated processes. The Middle East, particularly Saudi Arabia and the United Arab Emirates, is no…
