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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Futureheads: Harsh Bhatia

Procurement Heads

I am an IT Buyer and procure software and hardware. You’ve previously worked on the supply chain side of retail, how much of a shift was it to procuring IT for a leading infrastructure company? Procurement is more about contract management and negotiating great commercials for your business. Negotiation is a hobby for me.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Scope : Procurement spans the entire process from identifying requirements to contract closure. Purchasing is more transactional and tactical.

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Top 10 TikTokers to Take Off your Supply Chain

SCMDOJO

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

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The top capabilities of E-Procurement solutions

Spend Matters

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

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Digital Transformation in Procurement: Leveraging Technology for Efficiency

Empowering CPO

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

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The New Age of Negotiation!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. We negotiate contracts, terms, and specifications in our professional lives and we negotiate dinner plans, curfews, and allowances in our private lives. Dell’s attempts to lower costs, including bidding out the work three times during the eight-year relationship, ate into FedEx’s profits.