BPO Procurement: How B2B E-Commerce Simplifies the Process
The BPO industry in the Philippines is undeniably huge. The Philippines has earned the title of being the BPO capital of the world. It boasts a thriving industry that provides …
Procurement
What is Single Product Catalog Listing in B2B eCommerce?
Ecommerce provides convenience to buyers and sellers online. The functionality and effectiveness of online product catalogs offer convenience for buyers to select and shop, while enabling sellers to easily list …
Procurement Cost Saving Strategies to Prevent Hidden Expenses
Procurement is all about getting the best deals when purchasing goods or services for your business. Many companies and businesses are looking to reduce costs on procurement, and if you’re …
Dropshipping vs. Procurement: Understanding the Difference
Dropshipping and wholesale are the two major choices for businesses that want to sell their goods through an online marketplace or their own eCommerce shop for handling inventories and fulfilling …
How to Build an Effective Procurement Strategy in 2023
When entering an industry, be it in procurement or outside the scope of retail, it is crucial to analyze the market and reputation of this industry. Taking into account the …
Digitalization in the Manufacturing Industry
Manufacturers and suppliers are investing more money in B2B eCommerce. A quarter of manufacturers currently have an eCommerce website, and 40% of their revenue is produced online, as reported by …
10 Procurement Challenges that Procurement Managers Face
In today’s fast-paced business environment, procurement managers play an important role in ensuring that business operations run efficiently and smoothly. However, there can be hurdles and obstacles in procurement for …
Sourcing Agent vs Distributor: Which One is Right for Your Business?
Procurement is an essential and necessary structure of a business that wants to obtain products, goods and services in order to run their business operations. When done incorrectly, procurement can …
Procurement vs. Purchasing: What’s the Difference?
Procurement is often confused with purchasing. The two are often used interchangeably and have similar duties, but they have different objectives and serve different purposes. They are both large departments …
Bank Interest Rates in the Philippines For Your Savings Account
As you may or may not know, interest rates are key to investment returns. When you have money tucked up in a savings account at a bank, you usually earn …
