Hi Folks,

Procurement has been a leading category of blog content. In this week's Special Edition of The Supply Chain Show Newsletter, I am sharing Top 5 Procurement Blogs published at SCMDOJO, including a new blog on "What is a Blanket Purchase Order and How it Works" and the latest course we have developed, best practice tool, and videos we have published.

What is a Blanket Purchase Order and How it Works

A blanket purchase order is a simple way for many buying and finance directors to streamline the procurement process and enhance operational efficiency. Simply said, blanket purchase orders allow procurement managers to take advantage of preset costs while also reducing responsibilities.

A blanket purchase order, also defined as a standing purchase order, is a long-term agreement between a company and a supplier to offer items or services at a certain price over a specified length of time on a regular basis.

Continue reading the full blog here.

Top 5 Blogs from Procurement Category

Best Practice Tool

Procurement KPI Dashboard – Customizable Template

This Procurement KPI Dashboard will help you first understand the definition and measurement of the Procurement KPIs. This easy-to-customize Excel Tool helps you monitor, measure, and control Key Performance Indicators for your business.

Procurement Course

The Sourcing Process by Maryna Trepova, MBA

This SCMDOJO Academy course on The Sourcing Process is dedicated to whoever wants to discover sourcing and buying from scratch or learning toward Procurement Manager Pathway Program.

What You Will Learn

Sourcing process in procurement
Make or Buy decision
Approaches to the tendering process
Prequalification evaluation
Awarding criteria when sourcing from suppliers
Key process for obtaining quotations and tenders

You can access the course from here

Vlogs from SCMDOJO YouTube Channel

1) What is Indirect Procurement? Explained by Procurement Expert Richard Beaumont

2) How PROCUREMENT Can become VALUE ADDING Function

3) RFI vs RFQ vs RFP - How to manage for your business?

Regards,

Muddassir

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