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Purchase Order Financing: How Does It Work And Who Benefits From It?

Bogdan Büchner

Oct 28, 20163 min read

Purchase Order Financing: How Does It Work And Who Benefits From It?

Invoice factoring is provided for companies that provide services or products for customers and have a need for added cash flow. Purchase...

Industry 4.0: Three Reasons Why Supply Chain Professionals Are Excited About It

Bogdan Büchner

Oct 21, 20163 min read

Industry 4.0: Three Reasons Why Supply Chain Professionals Are Excited About It

Industrial revolutions are historical events. The first phase was ushered in with the commercial steam engine and the mechanical loom....

Four main differences in handling purchase order numbers

Bogdan Büchner

Oct 14, 20162 min read

Four main differences in handling purchase order numbers

Purchase order numbers seem to be a simple subject. A PO number, which is typically defined by the buyer, uniquely identifies a purchase...

Are You a Procurement Officer? 5 Ways on How to Stand Out

Bogdan Büchner

Oct 7, 20163 min read

Are You a Procurement Officer? 5 Ways on How to Stand Out

Procurement profession is practiced by millions of people around; however, each and every one of them is unique. Knowing the series of...

Bogdan Büchner

Sep 29, 20162 min read

Defining the Purchase Order Flip

In today’s day and age, procurements and the financial accounting involved with them are carried out electronically with the help of...

Digitization In The Construction Industry

Bogdan Büchner

Sep 16, 20163 min read

Digitization In The Construction Industry

The core tenets of construction may have stood the test of time, but a new wave of digitization is poised to revolutionize the...

Bogdan Büchner

Aug 19, 20162 min read

Top 5 Procurement App Benefits

Relying on a procurement app grants many advantages that make the process of dealing with purchase requisitions or orders easier than...

Aug 5, 20163 min read

Procurement Trends to Affect Professionals

Procurement Trends: Readers are always asking what the next big thing is coming down the pike that is likely to affect their job and the...

Bogdan Büchner

Jul 15, 20162 min read

The Many Benefits of E-Procurement

While procurement managers typically focus on cost containment to provide important savings for their company, utilizing e-procurement...

Procurement Changes and their Consequences

Bogdan Büchner

Jul 8, 20162 min read

Procurement Changes and their Consequences

The world of procurement is always changing and evolving. For example, we are not focused more on sourcing strategies based on facts and...

Supplier Relationship Management and avoiding Sole-Sourcing Complacency.

Bogdan Büchner

Jun 24, 20163 min read

Supplier Relationship Management and avoiding Sole-Sourcing Complacency.

Debates over whether sole-sourcing, also referred as ‘no-bid-contract’, have increasingly ended at stalemates in many companies’...

Bogdan Büchner

Jun 17, 20162 min read

Cost Management: More than Just Savings

While the ability to see the “big picture” is considered crucial in corporate cost management, those who have worked in Central...

e-Procurement: 5 Supply Risk Mitigation Principles

Bogdan Büchner

May 20, 20162 min read

e-Procurement: 5 Supply Risk Mitigation Principles

5 Critical Supply Risk Mitigation Principles for Your Sourcing Process In order to manage saving potential, e-procurement and contract...

Efficient workflow management in 5 Steps

Bogdan Büchner

Feb 20, 20163 min read

Efficient workflow management in 5 Steps

If your work day seems like a re-run of the infamous “I Love Lucy” episode, with your day-to-day tasks seeming like bon bons flying off a...

Finding The Purchase Order System That Fits Your Needs

Bogdan Büchner

Feb 11, 20163 min read

Finding The Purchase Order System That Fits Your Needs

Whether your company is a worldwide conglomerate or a mom-and-pop shop, you’ve likely made thousands of purchase orders that are...

Supplier Negotiations Tips: Close the Right Deal

Bogdan Büchner

Jan 27, 20163 min read

Supplier Negotiations Tips: Close the Right Deal

Supplier Negotiations can be a tough topic. When suppliers eliminate competition by minimizing costs or creating technology interferes...

The Hidden Costs Associated with the Change of Suppliers

Bogdan Büchner

Jan 21, 20162 min read

The Hidden Costs Associated with the Change of Suppliers

Choosing to take advantage of indirect goods can be a great way to save your organization some money since many suppliers are always...

Who Should You Trust When Purchasing Technology?

Bogdan Büchner

Jan 14, 20162 min read

Who Should You Trust When Purchasing Technology?

Unfortunately, advertisements are running rampant via technology these days, and they’re everywhere including on the many devices that are c

Procurement Cluster – Strategic Approach

Bogdan Büchner

Jan 7, 20163 min read

Procurement Cluster – Strategic Approach

Advantages Provided By Procurement Clustering A geographic concentration of companies that are interconnected is known as a cluster. This...

Procurement – Five Things You Must Know About It

Bogdan Büchner

Dec 23, 20152 min read

Procurement – Five Things You Must Know About It

Procurement specialists are responsible for locating and purchasing high-quality products and services which will benefit the business...

How to approve Purchase Orders - Tutorial by Digital Purchase Order

Bogdan Büchner

Aug 26, 20152 min read

How to approve Purchase Orders - Tutorial by Digital Purchase Order

The "Approve Purchase Orders" feature in Digital Purchase Order allows users to review and authorize purchase orders before they are...

QuickBooks Integration - Tutorial by Digital Purchase Order

Bogdan Büchner

Aug 25, 20153 min read

QuickBooks Integration - Tutorial by Digital Purchase Order

The "QuickBooks Integration" feature in Digital Purchase Order enables seamless synchronization between your purchase orders and...

Bypass Feature - Tutorial by Digital Purchase Order

Bogdan Büchner

Aug 25, 20151 min read

Bypass Feature - Tutorial by Digital Purchase Order

The "Bypass Feature" in Digital Purchase Order allows users to override standard workflow steps or approval processes when necessary....

Item Multiplier - Tutorial by Digital Purchase Order

Bogdan Büchner

Aug 25, 20151 min read

Item Multiplier - Tutorial by Digital Purchase Order

The "Item Multiplier" feature in Digital Purchase Order enables users to apply quantity multipliers to items on purchase orders for more...

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