Category: Procurement News

By TBN Author: Amanda Pegoli Efficient purchasing practices that save time and money are more critical now than ever before. As businesses grapple with increasingly complex supply chains, economic uncertainty, and evolving customer demands, streamlining the procurement process and optimizing spending is crucial for success. In 2023 alone, procurement costs for digitally advanced companies skyrocketed…

Author: Mark McCormack Co-Founder of www.TheBuyers.Network Negotiation is a fundamental aspect of human interaction, affecting business deals, diplomatic agreements, and even personal decisions. One crucial concept in the area of negotiation is a BATNA, which stands for Best Alternative to a Negotiated Agreement. Understanding and leveraging your BATNA can significantly influence the outcome of negotiations,…

By: TBN Writer – Amanda Pegoli 12th July, 2024 Your small business not only makes up a massive part of your livelihood but is a significant investment. You have put time, money, and effort into getting the business started, opening its doors and following your dream. This is why it’s essential to protect your investment…

The Gulfstream G700 is a cutting-edge, ultra-long-range business jet designed and manufactured by Gulfstream Aerospace Corporation, renowned for its luxurious interiors and exceptional performance capabilities. As an evolution of the highly successful G650 series, the G700 represents the pinnacle of Gulfstream’s engineering prowess, offering unparalleled comfort, range, and efficiency for elite travelers. With a spacious…

By Amanda Pegoli- TBN Staff editor This is perhaps a little off-topic for The Buyers Network, but we all aspire to greatness as entrepreneurs. For our families, flexibility, knowledge, adventure, giving back from a position of strength, and sometimes so we can reward ourselves. So here is an interesting marketing insight into Modern-day luxury that is a…

By Amanda Pegoli – TBC Inhouse writer. 20th May 2023 Introduction In today’s competitive business landscape, finding ways to stay ahead of the curve and maximize profitability is paramount for success. One strategy that has gained significant traction is joining a buying group. These groups bring together like-minded businesses in the pursuit of collective purchasing…

By William Jova TBC Inhouse writer 23rd May, 2023 The traditional Buying Group we believe is broken and ripe for disruption. At Team Buying club, we put our skills and money where our mouths are, and ONLY take a percentage of the ADDITIONAL Savings we get for a Team. No monthly fees or Transaction fees….

Team Buying Club – Amanda Morley You have completed the procurement process, awarded the contract to the successful supplier and, if applicable, finalised the TUPE process. What’s next? Ongoing contract management. Why? To make sure that throughout the lifecycle of the contract it remains fit for purpose, you obtain additional value and that your suppliers…

Team Buying Club – Mark McCormack After spending three to four months on the procurement process, an on-going contract management procedure, including setting your Key Performance Indicators and Service Level Agreements, is key to ensuring your school or MAT continually receives the highest quality service from your contractors. What are Key Performance Indicators (KPIs)? KPIs…