NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Sourcing and Supply Chain

JUNE 24, 2021

Hence, buyers have also adopted the concept of suppliers to bundle the requirement of multiple locations and the similar product as a category to have a better understanding, control, and volume to negotiate. It results in specialization in category for a buyer and ends up in a better deal with saving time, resources, and money.

Category management 52

Category management Management Procurement Market analysis 52

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Initiatives are being put in place to make these statements a reality, but are these organizations agile enough to shift strategies, process and operations — for real?

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

The Good Spending

NOVEMBER 5, 2021

TLC adds transportation, packaging, and storage costs to the unit prices. These additions are most important when buyers consider remote locations as physical goods sources. TLC analysis requires a deep understanding of supply chain costs - customs, duties, tariffs, and 3PL services.

Procurement 52

Procurement Bidding Supply Chain Efficiency Contract 52