Irrespective of the functional area, organizations of all sizes should develop a robust supplier evaluation process.
Supplier selection aims to ascertain the excellent supplier who proposes the best value for money of product or service.
Cost-to-Serve is an application of Activity Based Costing. With the help of efficient management, it can significantly improve overall business profitability.
Cost to Serve analysis facilitates informed decisions to transform unprofitable customers into profitable ones.
The main objective of the cost to serve methodology is to calculate the end-to-end cost of delivering a product or service to the end customer.
Transportation costs can impact crucial areas of business. In this blog, let’s take a look at different factors affecting transportation costs.
There are several ways to optimize transportation costs, improve the supply chain procedures and save money for businesses. In this blog, learn some efficient ways of reducing the transportation costs
Transportation Cost Analysis model created on Microsoft Power BI using ValQ proactively identify savings opportunities and reduce the overall transportation cost. In this blog, let's understand different transportation costs.
Performing a spend analysis is an indispensable cost-saving component in any business. In this blog, let's understand 7 step process for conducting an efficient Spend Analysis.
Spend analysis is one of the most versatile analyses in a procurement organization offering several key benefits. In this blog, we are going to throw some light on the most common benefits of spend analysis.
