Facura Blog 13
Direct vs. indirect purchasing: A differentiated view of industrial procurement categories Introduction In industrial value creation, purchasing has a dual responsibility: On the one hand, it ensures operational capability by supplying critical production goods. On the other hand, it makes a significant contribution to competitiveness through structured cost management and process optimization. While direct purchasing […]
Facura Blog 12
Digital procurement in the industrial environment – strategies for efficiency, transparency and control What is digital procurement? Digital procurement is the complete or partial digitization of a company’s purchasing processes – from needs assessment and supplier selection to invoicing. The focus is on technological solutions that replace manual steps with automated workflows, eliminate media breaks, and make […]
Facura Blog 11
ESG in procurement: Strategically anchoring responsibility – Extended edition 1. ESG in industrial procurement – from option to obligation Considering ESG criteria in procurement is no longer a voluntary act of image cultivation. For industrial companies, the responsible handling of environmental, social, and governance requirements is becoming a crucial factor for business viability, supply chain […]
Facura Blog 10
eProcurement in industrial purchasing: Strategic management instead of uncontrolled operational growth 1. Initial situation: Industrial purchasing between efficiency pressure and the complexity trap According to a 2023 McKinsey study, the untapped efficiency potential in indirect procurement in industrial companies amounts to up to 25% of total operational procurement costs . At the same time, over 60% of […]
Facura Blog 9
Preventing Maverick Buying: 8 Proven Strategies for Procurement Control 1. Introduction Maverick buying – purchasing outside of established processes – is one of the most costly weaknesses in the indirect procurement of industrial organizations. In many companies, the proportion of non-compliant orders exceeds 20% of the indirect procurement volume. The consequences include increased process costs, […]
Facura Blog 8
Procurement process optimization: 12 best practices for maximum efficiency Introduction: Why industrial purchasing is more in demand than ever Industrial procurement is under increasing pressure: volatile markets, growing raw material shortages, a lack of skilled workers, and a heightened awareness of sustainability are forcing companies to optimize their internal processes for maximum efficiency and transparency. […]
Facura Blog 7
Optimizing supplier onboarding: A step-by-step guide to automation Onboarding as a key to resilience in purchasing In times of global supply chain instability, growing ESG requirements, and increasing regulatory complexity, supplier onboarding is becoming a strategic focus for many industrial companies. According to studies, faulty or incomplete supplier master data causes delays in the operational […]
Facura Blog 6
Integrating procurement into ERP systems: A complete guide 1. Introduction In many industrial companies, procurement is functionally integrated into the ERP system – but often only partially integrated in terms of processes. Orders are sometimes triggered outside of defined workflows, approvals are obtained via email or verbally, and invoice verification and posting are done manually. […]
Facura Blog 5
Spend management in indirect procurement – a lever for structured cost control and process stabilization 1. Classification: Why indirect procurement is strategically relevant In industrial companies, the analytical and operational focus of purchasing has traditionally been on direct materials. Indirect purchasing – that is, expenditures for services, operating resources, C-parts , IT accessories, marketing, travel, or special […]
Facura Blog 4
First steps with FACURA: Your pragmatic entry into smart indirect procurement 1. Introduction Automation is no longer optional in industrial procurement. Given the increasing demands for efficiency, compliance, and transparency, the question is no longer whether to digitize, but rather what the financial benefits will be . The key performance indicator for evaluation is the […]