Procurement Strategies for Cookware –China vs India

Emerging Best Practices to leverage your MRO spend

Unlike e-commerce, MRO sourcing goes beyond the ease of ordering, price points, and product lines. Instead, MRO procurement is benefited from supplier relationships, account management, and inventory management.

Procurement Strategies for Cookware –China vs India

The global market for cookware is in a constant state of flux. There are an increasing number of shifts within the industry in terms of raw material, pricing and consumer preferences, which are reflected in suppliers’ activities such as product innovation. Therefore, development of an optimal sourcing strategy is paramount to ensure cost-effective procurement.

Managing Indirect Spend -- A New Approach

Indirect spend, which accounts for around 35 to 45 percent of a company's overall spend, has become a major headache for most of the category managers. Optimizing one’s indirect procurement could result in considerable savings -- but what’s the best approach?

Beroe LiVE Poll: Spend Under Management

We ran a poll among users of Beroe LiVE, a community of thousands of procurement decision makers, to find out an organization’s average spend as percentage of revenue for categories such as Logistics, Warehousing and Marketing.