Specialist Lexicon for Purchasing & Procurement

With the Research Grant 2027, research and development companies in Germany can receive up to 4.2 million euros in tax credits per fiscal year directly...

By 2027, purchasing will not be completely taken over by algorithms – the operational reality looks more nuanced. The actual leap in productivity…

The most important thing first: Anyone planning major investments in 2027 will encounter a special funding scheme: The current seven-year EU funding period (2021–2027) is turning into…

Executive Summary – The key point summed up: Purchasing no longer decides solely how much…

First and foremost: A successful private equity value creation strategy is based in a market environment with increased costs of capital and normalised valuation multiples…

First and foremost: A methodically structured supplier tender reduces procurement costs by an average of 8 to 15 per cent, breaks up entrenched supplier structures…

Simply renegotiating terms falls short in volatile markets. By 2027, procurement will definitively evolve into the central risk manager…

Those who want to reduce procurement costs, stabilise supply chains and secure margins need a purchasing organisation with a clear separation of roles. In practice, …

Effective purchasing controlling transforms procurement from a purely operational ordering department into the company's strategic value creation and risk manager. Through the…

Procurement procures goods, services and raw materials on optimal terms for the company. Supply Chain Management (SCM), on the other hand, plans,...

The most important thing first: the use of Agentic AI in supply chain management heralds the transition from reactive and purely predictive…

A purchasing consultant in the Mittelstand (small and medium-sized enterprises) optimises procurement processes, reduces material and service costs, and secures supply chains. This highly efficient hybrid model combines…