Supply Chain Brain

JANUARY 12, 2023

Buyers and suppliers need to abandon their old ways of operating, and build more collaborative relationships that are rooted in trust. .

Suppliers 119

Suppliers Buyers Supply chain Supply 119

Procurement Freelancers

DECEMBER 19, 2022

A freelance buyer procures products for a business or store on a contractual basis. The… The post Essential Tips For The Freelance Buyer first appeared on Procurement Blog | Procurement & Supply Chain News.

Buyers 52

Buyers Supply chain Procurement Supply 52

ivalua

SEPTEMBER 29, 2021

The post Creating Tail Spend ROI Through an Improved Buyer Experience appeared first on Ivalua.

Buyers 130

Buyers 130

ivalua

SEPTEMBER 16, 2021

The post Creating Tail Spend ROI Through an Improved Buyer Experience appeared first on Ivalua.

Buyers 130

Buyers 130

Spend Matters

AUGUST 23, 2022

Nipendo finds that in many organizations, low buyer adoption is a key issue. It’s time to think “outside-in,” i.e., from the viewpoint of the (human) buyer rather than from the perspective of putting information into a centralized procurement system.

Buyers 63

Buyers Procurement Procurement strategies Buying process 63

Procurement Freelancers

JANUARY 2, 2023

A business owner’s only concern is maximising earnings while maintaining the calibre of the goods… The post The Work Profile Of Procurement Freelance Buyers first appeared on Procurement Blog | Procurement & Supply Chain News.

Procurement 52

Procurement Buyers Supply chain Supply 52

Art of Procurement

NOVEMBER 1, 2022

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Intermodal Container Rental appeared first on Art of Procurement.

Buyers 52

Buyers Procurement Category management Suppliers 52

ivalua

NOVEMBER 29, 2021

The post Creating Tail Spend ROI Through an Improved Buyer Experience appeared first on Ivalua. Regarding savings, the opportunity is to save anywhere from 5-15% on tail spend by bringing it under management or eliminating it. We’re here to help. Reach out to us today to discuss all of our Source-to-Pay and Procure-to-Pay solutions.

Buyers 130

Buyers Procurement Procurement team Suppliers 130

Supply Chain Brain

DECEMBER 4, 2022

Is the balance of power in buyer-seller relationships finally shifting in favor of upstream suppliers? .

Buyers 105

Buyers Suppliers 105

Supply Chain Brain

MAY 10, 2023

Macquarie is looking for $1 billion for the business but strategic buyers in the shipping sector may be limited.

Buyers 52

Buyers 52

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. Here are just a few of the most frightening challenges keeping IT buyers awake at night. Similarly, IT buyers risk receiving little value for their huge spend due to a perceived lack of solutions and the high cost of enterprise tools. Proceed at your own risk.

Procurement 98

Procurement Buyers supply chain software solutions Suppliers 98

Art of Procurement

AUGUST 23, 2022

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Trade Show Displays appeared first on Art of Procurement.

Buyers 52

Buyers Procurement Category management Suppliers 52

Let's Talk Supply Chain

JANUARY 11, 2023

Today I’m joined by Nipendo , a forward-thinking software brand that is on a mission to improve how buyers and suppliers work together to combat Source-to-Pay inefficiencies and costs. 12.55] Buyers: their key challenges, how the Nipendo platform works for them, and the benefits it delivers. People stop doing tedious things!…

Suppliers 52

Suppliers Buyers supply chain budgeting Supply Chain Efficiency 52

Procurement Foundry

JANUARY 24, 2023

Throughout 2022, we wrote and talked about the growing imbalance of power between buyers and sellers in the indirect world, focusing on the gradual erosion of procurement practitioners’ single most essential weapon: the threat of lost business.

Buyers 64

Buyers Procurement 64

Supply Chain Brain

OCTOBER 19, 2021

In the midst of a growing supply chain crisis, suppliers are increasingly being forced to accept longer payment terms from buyers. Both sides are desperate to protect their cash, but the trend threatens to undermine the stability of suppliers, and can only serve to exacerbate the situation.

Suppliers 98

Suppliers Buyers Supply chain Supply 98

Supply Chain Brain

SEPTEMBER 22, 2021

Cristina Rodriguez, senior counsel with the law firm of Wolfe Pincavage LLP, offers guidance on how suppliers and buyers should prepare for the inevitable contract disputes that arise from issues such as supply chain shortages arising from the COVID-19 pandemic.

Suppliers 98

Suppliers Buyers Contract Supply chain 98

Supply Chain Brain

OCTOBER 8, 2021

Is there any room for actual collaboration between suppliers and buyers, based on more than just price?

Suppliers 111

Suppliers Buyers Collaboration Price 111

Supply Chain Brain

JULY 17, 2021

The majority of mid-sized to large B2B buyers anticipate that their organizations will continue to do more purchasing online, according to a report by Amazon Business.

Buyers 92

Buyers Purchasing 92

Spend Matters

JULY 14, 2022

However, even if a buyer decides to pay their suppliers early, they are unable to because of operational shortcomings. Buyers often offer to pay suppliers faster to accept cards, and these promises are not consistently fulfilled. Typically, supplier payment terms are a main inhibitor.

Suppliers 66

Suppliers Buyers Purchasing Management 66

Supply Chain Game Changer

AUGUST 4, 2021

All of this means chaos for the average car buyer who has to shell out a lot more money, even for a used model. In the current market, a lot of buyers are finding it hard to get their hands on new vehicles , despite visiting several dealers. The post The Auto Market Supply-Demand Imbalance is Bad for Buyers!

Buyers 98

Buyers Demand Supply Supply chain 98

The Good Spending

FEBRUARY 21, 2022

The buyer's challenges with descriptive sales So, as the HBR article suggests, buyers are uncertain and stressed. Similarly, suppliers must bridge the gap by walking in the buyer's shoes and exercising prescriptive selling. As in procurement, salespeople should change their B2B economic exchange paradigm.

Buyers 52

Buyers Procurement Suppliers Sourcing 52

Procurement Tactics

JUNE 22, 2023

A sales order is a confirmation document a supplier/seller issued to the buyer. It is a document that confirms the buyer’s request, including the agreed-upon terms and details such as the prices, quantities, payment method, delivery terms, and any other relevant information.

Purchase orders 200

Purchase orders Purchasing Procurement Procurement strategies 200

SupplyShift

SEPTEMBER 10, 2021

You can stand out to environmentally-conscious buyers by focusing on the following four steps: 1. Know Your Buyer. Who is your buyer and what is important to them? Don’t wait for buyers to explain what matters to their business and how you fit in—be proactive. Establish regular procedures. Respond promptly. Get Aligned.

Suppliers 52

Suppliers Buyers Supply Chain Efficiency Supply chain 52

Supply Chain Brain

APRIL 21, 2021

By better managing the dynamic interaction among the three main players within the supply chain — logistics, suppliers, and buyers — sellers can save money for customers and lessen the environmental impact of the supply-chain industry.

Suppliers 75

Suppliers Buyers Logistics Supply chain 75

Procurement Insights

MARCH 19, 2023

. ” Besides providing in-depth and compelling industry stats regarding the predatory buying practices of the retail giant, the Vlasic Pickles story perfectly illustrates the consequences of unbalanced power in buyer-supplier relationships.

Buyers 44

Buyers Suppliers Procurement Inventory 44

Procurement Insights

AUGUST 24, 2023

To start – I love the commercial. Link to Kelly Barner’s LinkedIn Video/Post. In another discussion stream for a post by Kate Vitasek , she talked about WIIFWe. For those who may not know the acronym, it stands for What’s In It For. well, you get the rest.

Suppliers 40

Suppliers Buyers Negotiation Price 40

SupplyShift

SEPTEMBER 10, 2021

You can stand out to environmentally-conscious buyers by focusing on the following four steps: 1. Know Your Buyer One crucial way to stand out as a supplier is to do your homework. Who is your buyer and what is important to them? Don’t wait for buyers to explain what matters to their business and how you fit in—be proactive.

Suppliers 40

Suppliers Buyers Supply Chain Efficiency Supply chain 40

Procurement Insights

AUGUST 27, 2023

@momalicious5 #kids #store #tantrum #embarrassing You think you’re going to embarrass me You will be mistaken ♬ original sound – Momalicious5 30

Supplier negotiation 40

Supplier negotiation Negotiation Suppliers Buyers 40

Procurement Tactics

JUNE 22, 2023

A purchase order is simply a document that a buyer sends to a supplier to request goods or services, which outlines the order’s details, including the quantity, price, delivery, and payment terms. First, it ensures clear communication between the buyer and the supplier, eliminating potential misunderstandings or disputes.

Purchase orders 191

Purchase orders Purchasing Procurement Procurement strategies 191

All Things Supply Chain

MAY 5, 2023

Apple sales fall but iPhone demand persists Apple sales have continued to fall, as the economy slows and buyers, squeezed by rising prices, put off purchases of computers and iPads.…

Supply chain 199

Supply chain Supply Buyers Purchasing 199