3 best practices for effective sourcing

3 best practices for effective sourcing

In the field of procurement management, sourcing—the search for suppliers—remains something of an obscure notion. The purpose is to optimize your procurement chain, make use of resource insourcing, reduce your costs, and find the best suppliers to help you attain your...
How J2 creates a good work environment for its purchasing experts

How J2 creates a good work environment for its purchasing experts

Providing a favourable work environment for employees has become a daily challenge for many SMEs. This is especially important at a time of full employment, with millennials increasingly present in the labour market. Tellingly, a survey by Deloitte found that 61% of...
5 purchasing  management fundamentals

5 purchasing management fundamentals

With sound purchasing management, manufacturing industries reduce their costs and maximize their return on investment. But many managers wonder what steps they should take to achieve this goal.Regardless of your industry, developing good practices and being able to...
Purchasing management: optimize, innovate and economize!

Purchasing management: optimize, innovate and economize!

For much of manufacturing industry in Québec, purchasing management remains a little-known option. Some executives continue to think that there is no need to set up a purchasing department, particularly if they have only one supplier. Managing purchases may seem like...
5 tips for negotiating successfully with suppliers and partners

5 tips for negotiating successfully with suppliers and partners

Negotiating effectively with suppliers and partners is one of the main keys to efficient purchasing management. It is also a good way of testing the waters and finding the best basis for agreement.And yet, negotiating is an aspect that companies often neglect. But...
Industry 4.0: 5 trends in procurement management to watch

Industry 4.0: 5 trends in procurement management to watch

Industry 4.0 has brought about a real revolution for manufacturing businesses, leading to many changes in procurement management. Réal Julien, J2 President, says it is vital that businesses keep step with this industrial revolution in their procurement management....