All posts in Procurement Topics

How do you Plan to Buy in the New Normal?

Supply Chain Disruptions, Global Pandemic, Mass Layoffs, Economic Downturn, and a New Normal perspective for Supply Chain Operations. An Annual Procurement Plan is critical to efficiently and effectively manage and conduct the essential elements of today’s Procurement Mandates. In this article, we will outline the Framework for a Top-Class Annual Procurement Plan. In later segments of this work, we will…

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What is a Purchase Order, and How Does it Work?

A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller indicating types, quantities, and agreed prices for products or services. It is used to control the purchasing of products and services from external suppliers. The purchasing process starts with a need. That need should be verified. The item requirements are checked and noted the PO.…

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Direct vs. Indirect Spend

One of my students asked about the difference between direct and indirect spend, so I thought I’d post my reply here so that others may benefit from the definitions, too… Don’t miss updates on Procurement & Supply Chain, Subscribe here! Direct spend refers to purchases of goods and services that are directly incorporated into a product being manufactured. Examples include…

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NLPA President Honored in 2016 Pros to Know by Supply and Demand Chain Executive

The Next Level Purchasing Association(NLPA) is delighted to announce that Charles Dominick, SPSM, SPSM2, SPSM3 has been named to the annual listing of the 2016 Pros to Know in the supply chain industry.  This is Charles’ 9th acknowledgement by Supply & Demand Chain Executive Magazine for his continued dedication to developing world-class procurement departments through best practice procurement training and the SPSM® Family…

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Procurement Conference Early-bird Pricing Extended! Last Chance!

Time is running out to save on your registration for the procurement event of the year!  The Early-Bird pricing has been so popular, we’ve extended it for two more weeks.  Register by February 12, 2016 to save! Don’t miss updates on Procurement & Supply Chain, Subscribe here! George Washington Carver once said “When you do the common things in life in an uncommon…

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Coverage of the NLPA’s Procurement Talent Management Thought Leadership Heats Up!

In the past couple of months, the Next Level Purchasing Association (NLPA) has released several new pieces of thought leadership around the topic of procurement talent management.  These pieces include a fun YouTube video, a whitepaper, and a guest post on Spend Matters. Don’t miss updates on Procurement & Supply Chain, Subscribe here! The procurement journalists of the world have…

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Remembering Jack Pawlik – A Procurement Leader Who Impacted My Career

Earlier this week, I received news that my second procurement boss ever, Mr. Jack Pawlik, had passed away at the young age of 65. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Jack had a profoundly positive influence on my procurement career.  I even shared a story about one of our interactions in my book, The Procurement Game…

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Are Your Payment Terms Alienating Your Suppliers?

News stories involving supplier payment issues have been frequent lately.  In the doghouse are companies like American Apparel and Target who have been knocked for either failing to make payments or having suppliers send invoices to an arm of the company that was planning to file for bankruptcy protection. And a British brewing company is turning some heads by requiring that suppliers…

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NLPA’s Inventory Management Course Named To Camcode’s Top 50

The Next Level Purchasing Association’s online course, “Profitable Inventory Management and Control” was named as one of the “50 Top Inventory Control Learning Resources” by Camcode. Don’t miss updates on Procurement & Supply Chain, Subscribe here! You can see the full list at The NLPA would like to thank Camcode for the wonderful recognition!

New Whitepaper on Procurement Talent Management

Want to know all the details behind world-class procurement talent management? Simply download the Next Level Purchasing Association’s new whitepaper, “Procurement Talent Management: How To Recruit, Train & Retain a Modern & Awesome Buying Team.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! You’ll learn the two current approaches to procurement recruiting, how to use the SPSM-BOK® Mastery…

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