How to be a Responsible and Sustainable Purchaser –...

Factors Driving Global Sustainability Trends One of the most consistently acknowledged drivers of the purchasing trend towards sustainability is consumer expectations. These expectations are shaping corporate and government policies globally and impacting local decision making. Sustainability has become a buzzword in many areas of business and is largely a consumer-led revolution. Millennials seem to be…

Three Leading Technology Tools for Purchasing Officers

  Technology continues to impact our day-to-day work lives to an ever-increasing degree. Purchasing officers must use technology tools to keep pace with the rapidly advancing technological world to ensure that they remain ahead of their competition. New advancements in Purchasing and Procurement allow for increasing gains in efficiency and cost reduction. Below we outline…

What every CEO needs from Purchasing and Procurement

In the more successful purchasing and procurement models, the CEO understands and is across the supply chain functions of the business. A Chief Executive Officer will drive competitive advantage by showing leadership to the Chief Procurement Officer (CPO) and their department. A CEO who is not fully understanding of purchasing and procurement will only get…

Quality Auditing and ISO

How to use quality compliance to facilitate an ISO accreditation Quality management practices are integral in a competitive marketplace. Quality standards and quality auditing of standards offer many benefits to your business and even more so if ISO accreditation is one of your business goals. Before attempting any external ISO qualification, key compliance staff need…

Purchasing in China and Asia? Here’s what you need...

Purchasing and Procurement in China and Asia China and Asia have always been hot-spots for businesses with a smart purchasing and procurement strategy. The advantages of purchasing products and equipment from established and emerging Asian economies are plentiful. Australian companies are attracted to the benefits of direct access to manufacturers with larger margins and increased…

9 Business Sectors where Quality Auditing is essential

Quality Auditing is the process of systematically examining a quality system or process in a business. Quality Audits can be conducted by either a qualified internal or external quality auditor. Regular quality audits are an integral part of a company’s quality management system and can save time and money when performed internally. Many businesses invest…

7 Reasons to Consider a Career Transition to Purchasing

Variety for all your skills There are several broad categories within a purchasing or supply chain workforce. Once you have secured a role in one area, there is plenty of scope for variety in your work depending on your skill-set and aptitude. The sector is big enough for moves within a company to be effective…

Have you considered a Purchasing Career? Six Career Transition...

Purchasing is a multi-faceted area of a business that generally requires a team of people with complementary skills to be successful. However, many professionals have not considered transitioning into a purchasing career and are missing out on exciting career opportunities. A purchasing manager seeks out goods and services and tries to buy those of the…

Choosing a Purchasing strategy that is the best fit...

The role of strategic purchasing in a company has evolved from – “We need a PO!” to “Which purchasing strategy aligns with our customers’ needs and our corporate values?” Consequently, purchasing strategies are now an integral part of company strategy. Regardless of the size of the company, there is a core group of six purchasing…

The Differences between Purchasing, Procurement and Supply Chain Management

Purchasing vs Procurement vs Supply Chain Management. The business world uses these terms associated with the procurement world interchangeably, but is this correct? Are they really all the same? The answer is no, not quite. These terms are related, of course, but they aren’t interchangeable. Keep reading to clear up the difference between procurement, purchasing…