Today’s procurement departments have many priorities to ensure they are contributing to the profitability of their enterprise. For the 100+ procurement leaders recently surveyed for a Spend Matters report, the top priority is to reduce tail spend.
Business Prime Shipping is now available to Amazon Business customers.
Amazon Business has worked closely with leading cloud-based spend management provider Coupa to create Coupa Open Buy with Amazon Business.
Research on the behavioral economics considers the role of unconscious, emotional and instinctive factors in decision making. If procurement professionals, employees and suppliers are not acting out of purely rational motives, what does this mean for purchasing?
We are excited to announce that Amazon Business is now available at Amazon Japan (www.amazon.co.jp/business) and Amazon India (www.amazon.in/business). We are now live in five countries, as these new countries join Amazon Business in the United States, Germany, and the United Kingdom. In each country, Amazon Business helps business customers...
Purchasing for such items is already decentralized; empowering employees with buying authority can seem counterintuitive just when procurement is making inroads into consolidation.
Extensive use of P-Cards can limit companies’ ability to understand purchasing behavior resulting in missed opportunities for consolidation and real cost savings. This is because P-Card statement data often lacks crucial information that guides organizational spend.
The mandate of today’s procurement department is evolving, but the core mission remains the same: reduce costs and increase value. Yet not all organizations are equally successful in this regard.
With new curation features of Amazon Business such as built-in custom messaging and product flagging, you can keep your purchasing programs on track.
It’s becoming even easier to organize and reconcile orders made with your Amazon Business account. Now account administrators can set up custom fields for employees to enter specific purchase order details.