Jul 31, 2023 | Global Sourcing
Procurement Managers play a crucial role in selecting reliable industrial parts suppliers. This article explores the key factors influencing supplier selection, with a focus on industrial parts such as bearings, hydraulic cylinders, and fasteners. Additionally, we...
Apr 18, 2023 | Global Sourcing Lingo
Agile procurement is a modern and dynamic approach to purchasing goods and services that emphasizes flexibility, collaboration, and adaptability. It is a procurement strategy that aligns with the principles of Agile project management, which is a methodology used in...
Feb 2, 2023 | Global Sourcing Lingo
A Parts Purchasing Agent is a professional who is responsible for purchasing materials, equipment, and other supplies required for the production of a company. They are responsible for finding the best suppliers, negotiating prices, and ensuring that the materials are...
Apr 18, 2022 | Global Sourcing Lingo
What is eProcurement? Procurement, alternatively referred to as electronic procurement or supplier exchange, is the process of purchasing and selling supplies, equipment, works, and services using a web interface or other networked system. The technology is intended...
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