Category: Procurement

I think using a P Card is essential if the organisation deals with high volume low-value transactions. Why use a P Card (Also known as purchasing card) Purchasing cards are just like credit cards or more exactly corporate or charge cards. They are physical pieces of plastic that allow the holder to spend money but…

Most people assume that procurement or commercial people are good at Maths or NPV calculations, that’s not strictly true. I passed my financial module in my MBA but that does not mean I am good at it, in fact, I did all of my course calculations in excel! What is ‘Net Present Value – NPV’…

You can read the Digital Market Place guidance on the .Gov website but if you want the bare bones of how Digital Market Place DOS works here is your quick guide. Digital Outcomes Suppliers who can provide teams to build and support a digital service can apply to this category. A digital outcome could be…

Confused about procurement terminology! Here is a procurement dictionary or glossary of the main key words you need to be aware of and its meaning. The procurement dictionary focuses on the key terms that are used regularly in the industry! Account Manager In the hierarchy of sales positions, an account manager is responsible for managing…