Sep 24, 2002

Lessons in Demand Management

Demand Management: The function of recognizing all demands for goods and services to support the market place. It involves prioritizing demand when supply is lacking. Proper demand management facilitates the…

Aug 7, 2002

Perils of Reverse Auctions

The reverse auction — where interested parties bid a price down from an amount set by the buyers — is increasingly drawing attention as a tool to drive down procurement…

Jul 15, 2002

Six Best Practices in Cost Management

In an increasingly competitive global marketplace, managing spend is an important step to realizing your profit objectives. And more than ever, companies are relying on procurement and supply management functions…