Table of contents
Nevi purchasing managers' index December 2022
This is a summary of the December 2022 nevi purchasing managers’ index. The Nevi PMI® fell to 46.0 in November, its lowest level since June 2020. Employment rose for the twenty-fifth consecutive month, but with the smallest increase since November 2020. Production volumes fell for the fourth consecutive month, the number of new orders . Purchases of materials declined and purchase price inflation fell to its lowest level in twenty-three months. High energy prices are creating a dichotomy in the industry, with energy-intensive industries being affected the most. Expectations for the future were again gloomy, but also the most positive in three months.
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Sustainable Procurement: A Necessity for the Dutch Market
In today’s business world, sustainable procurement has changed from a “nice to have” to an absolute “must have. This concept, which seeks to meet a company’s needs for goods or services while minimizing its impact on the environment, is indispensable for companies seeking to increase their acceptance with current and
The Future in Procurement: Creating Value Across the Supply Chain
Recent years have highlighted the indispensable role of procurement in value creation. As we look ahead to the trends of 2024 and beyond, we see that procurement can make an even more critical contribution. The world experienced significant turmoil between 2020 and 2023: supply chain disruptions, geopolitical tensions, technological advances,
Procurement versus Purchasing: The Key Differences Explained
In today’s business environment, it is essential to make a clear distinction between procurement and purchasing. Although these terms are often used interchangeably, they represent two different financial systems with their own objectives and processes. Understanding this distinction is crucial to a company’s success, especially in a market like the
Procurement in 2024: Five Essential Strategies for Maximum Savings
In a world where the procurement industry is evolving faster than ever before, xentys is at the forefront of supporting professionals and organizations in the Netherlands in this transformation. Inspired by Simfoni’s recent webinar“Rethinking Procurement: Capturing & Realizing Savings in 2024,” we share five crucial insights that not only shape
