ProcurePort

MAY 19, 2021

Any marketplace is going to be influenced by the dynamic that develops between buyers and suppliers. This is essentially economics 101, but it’s an important and powerful principle that applies to a wide variety of industries. In procurement, the practice of maintaining vendor relationships is known as supplier management.

Suppliers 130

Suppliers Vendor relationships Management Influencing 130

Procurement Insights

AUGUST 3, 2023

Current and Active LinkedIn discussion stream started by Duncan Jones: [link] Voitek Szewczyke • Procurement Transformation I SCM Digitalization Regarding your last statement “…categories where the buyer has enough choice to consider ethical considerations”, I have a few thoughts.

Influencing 40

Influencing Procurement Ethics Collaboration 40

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130

Spend Matters

OCTOBER 23, 2023

They are the gatekeepers of resources, responsible for sourcing goods and services that drive operations, impact profitability and influence overall efficiency. In the world of business, procurement departments play a pivotal role in shaping an organization’s success.

Contract management 94

Contract management Contract Supplier relationship management Management 94

Spend Matters

OCTOBER 9, 2023

To the buyer — Brex eliminates expense reporting through use of document collection and AI and removes the need for approvals through its ‘Live Budgets’ approach which embeds policies in the budget. Disclosure Statement: Spend Matters is currently a customer of Brex and uses its products for internal business operations.

Management 97

Management Budget Market analysis Influencing 97

Procurement Heads

FEBRUARY 16, 2023

For Procurement Heads ‘ latest CPO Spotlight, Sebastien spoke with Rupert Gaster about his career, how CPOs can influence an organisation’s sustainability agenda and what key achievements he’s most proud of. You play this pivotal role, and you have a lot of influence, but you don’t have a lot of power.

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

SCMDOJO

AUGUST 21, 2023

In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. As TikTok and influencers gain prominence, they’re reshaping consumer behavior and marketing. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Procurement Heads

MARCH 27, 2023

And of course, we’re all thinking about a general election that’s likely to happen in the next few years, which could influence procurement legislation being introduced following Brexit. Sustainability is one of those, and supply chains can influence carbon emissions in a huge way.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

SCMDOJO

JANUARY 31, 2024

Below is the table that shows average salaries per annum according to the designations: Sr. On the other end, a senior-level supply chain manager (8+ years of experience) earns an average salary of $127,960. This is based on 19 Supply Chain Managers located in the UAE who have recently registered with GulfTalent.

Supply chain management 73

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 73

Skill Dynamics

OCTOBER 19, 2023

Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract. Cultural and emotional factors – both differences can influence negotiations.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

Spend Matters

AUGUST 16, 2023

While money and risk reduction will always be top priorities, procurement’s influence is expanding to ESG and other strategic initiatives, which elevates its role within the organization and enables the function to have a direct and positive impact on our world.

Procurement 88

Procurement Procurement team Buyers Risk 88

Procurement Leaders

MAY 30, 2022

That means that, unlike with a centralised structure, it can be more challenging to directly influence sourcing decisions and ensure they are maximising the opportunity to incorporate diverse suppliers. Influencing stakeholders. WEConnect International , which helps women business owners connect to buyers.

Suppliers 130

Suppliers Influencing Procurement team Procurement 130

Spend Matters

OCTOBER 3, 2022

Sales and procurement have a lot in common, with the former influencing the latter's concepts and practices. This is especially true for “digital” as many initiatives related to digital transformation find their origins on the sales side.

Suppliers 82

Suppliers Influencing Buyers Procurement 82

Spend Matters

AUGUST 31, 2022

What's more, the broader sustainability challenges ahead of us that influence demand and regulations reinforce the need for enhanced direct materials management. More specifically, and as mentioned in our ESG series and more recently in our ”Design for Supply” series, the need for better materials analytics is fueled by various drivers (e.g.,

Supply Chain Optimization 80

Supply Chain Optimization Material management Sourcing Influencing 80

Procurement Heads

MARCH 27, 2023

And of course, we’re all thinking about a general election that’s likely to happen in the next few years, which could influence procurement legislation being introduced following Brexit. Sustainability is one of those, and supply chains can influence carbon emissions in a huge way.

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130

The Thomas Blog

JANUARY 16, 2024

Understand whether the lead is empowered to make purchasing decisions, or if they are an influencer or gatekeeper. Economic Buyer: Identify the key decision-makers, influencers, and gatekeepers who hold the various authorities in purchasing decisions. Need: Explore the lead's specific needs, challenges, and pain points.

Budget 52

Budget Influencing Purchasing Quality 52

Procurement Insights

JANUARY 16, 2024

I have been negotiating as either a buyer or a seller for most of my life. Here are a couple of the more memorable ones: Does Age Influence Contracting Negotiation Styles? That proves that sometimes, no matter how well-prepared you are, the other side of the table remains unreasonable.

Negotiation 52

Negotiation Supply chain resilience Contract Influencing 52

The Thomas Blog

JANUARY 5, 2024

When potential B2B buyers search for products or services related to your business, they’re far more likely to discover you if you’ve optimized your content for engines like Google. When your website ranks highly for relevant keywords, it attracts potential buyers who are already interested in your offerings. Get Listed Today [link]

Strategy 52

Strategy Real-time Visibility Buyers Quality 52

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.

Suppliers 100

Suppliers Supplier consolidation Supply Chain Efficiency Data 100

Supply Chain Game Changer

DECEMBER 1, 2021

When shopping for new products, it’s always the packaging that will first catch the eyes of the buyer. For consumers who are yet to try what’s inside, the packaging is often what influences their decision whether to buy it or not. This is important because your design will be useless if it doesn’t even appeal to your buyers.

Buyers 97

Buyers Supply Chain Efficiency Quality Quantity 97

Procurement Insights

SEPTEMBER 28, 2023

Thinkers360 Top 50 Global Thought Leaders & Influencers on Procurement! Thinkers360 Top 50 Global Thought Leaders & Influencers on Procurement! Thinkers360 Top 50 Global Thought Leaders & Influencers on Procurement! Which is why product-centric platforms, like Slack, do so well.

Procurement 62

Procurement Influencing Procurement solutions Contract 62

The Thomas Blog

JUNE 22, 2022

To start, industrial businesses will need an effective online marketing and sales strategy to help them achieve their business goals — because the B2B buyer behavior has changed. Buyers want to know as much about you as they can to help answer these questions: Are you reliable? Be Where Buyers Search For New Suppliers.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

Una

MAY 23, 2023

Along came Group Purchasing, the dashing protagonist with an unparalleled ability to unite like-minded buyers and channel their collective strength. This, in turn, led to a new wave of opportunities and innovation that propelled Indirect Spend to the forefront of organizational influence.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

The Thomas Blog

FEBRUARY 13, 2024

A higher conversion rate is, of course, desirable and can generally be influenced by: A/B testing of methods/channels/content changes, website improvements, ad-campaign refinements, and personalized content to influence the rate. It can be heavily influenced by personal methodology and must be referenced with care.

Management 52

Management Budget Strategy Quality 52

IBM Supply Chain Blog

FEBRUARY 15, 2024

According to the Salesforce Report, nearly 90% Of buyers say the experience a company provides matters as much as products or services. Organically expand the reach and influence of your brand by enabling users to share, contribute to and interact with your content.

Influencing 72

Influencing Purchasing Buyers Innovation 72

Una

JANUARY 10, 2024

5 Procurement Influencers to Follow in 2024 Una’s social media experts have trawled the blogosphere and the metaverse to uncover the top procurement influencers to follow this year. Una’s social media experts have trawled the internet, the blogosphere, and the metaverse to uncover the top procurement influencers to follow in 2024.

Influencing 52

Influencing Procurement supply chain software solutions Leadership 52

Strategic Sourceror

SEPTEMBER 16, 2022

Home prices are influenced by numerous factors, including inventory, geography, demand and the materials that are used during the construction process. Meanwhile, buyer demand rose, which came as a surprise to suppliers and led to price hikes.

Price 70

Price Inventory Strategic sourcing Strategic sourcing 70

Procurement Software

APRIL 18, 2023

With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. This saves buyers not only money, but hours of conversation time. This delivers the buyer lower unit prices.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Supply Chain Game Changer

SEPTEMBER 12, 2022

Their finite supply significantly influences the valuation of cryptos. Buyers are searching for the next big move to earn considerably. Additionally, with so much conjecture available, the media significantly influences commodity patterns and values.

Price 80

Price Influencing Purchasing Quantity 80

Supply Chain Game Changer

OCTOBER 1, 2022

Business relationships with international companies can be influenced by changing geopolitical situations that create unexpected tariffs or barriers. A growing number of buyers are switching to fair trade buying habits and are looking for companies that can boast ethical treatment of their workers and responsible environmental impacts.

Supply chain 92

Supply chain Ethics Supply Quality 92

Procurement Tactics

JUNE 26, 2023

Influencers and reality shows such as movies and music videos influence the population’s buying attitude towards fashion goods. You can see it in the runway and galas elegantly hanging on celebrities and influencers necks elevating their outfits. However, digital media promotion can make up for this gap.

Suppliers 146

Suppliers Price Negotiation Purchasing 146

Strategic Sourceror

SEPTEMBER 16, 2022

While Food Rocket has brick-and-mortar locations, it's primarily known for delivering buyers' grocery items within approximately 15 minutes of their orders. 7-Eleven and Circle K are competitors — Nos.

Strategic sourcing 62

Strategic sourcing Strategic sourcing Demand Influencing 62

Una

MAY 23, 2023

Along came Group Purchasing, the dashing protagonist with an unparalleled ability to unite like-minded buyers and channel their collective strength. This, in turn, led to a new wave of opportunities and innovation that propelled Indirect Spend to the forefront of organizational influence.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

The Procuretech Podcast

OCTOBER 19, 2022

We're continuing our mini series where we ask influencers and industry experts for their thoughts on everything that's happening in the digital procurement world. We're continuing our mini series where we ask influencers and industry experts for their thoughts on everything that's happening in the digital procurement world.

Negotiation 40

Negotiation Category management Buyers Bidding 40

Strategic Sourceror

JULY 12, 2022

From beef and pork products to eggs and chicken breasts, food prices have skyrocketed across the board due to a variety of factors, the combination of which has created a perfect storm for buyers' budgets. The positive outcome was influenced, in part, by more capacity. I think we have a good shot at it," Ziebell explained.

Price 57

Price supply chain budgeting Export Strategic sourcing 57

ivalua

MARCH 28, 2019

capturing and exploiting innovation from supply markets and individual suppliers becoming a top priority for organisations and therefore procurement functions.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

Spend Matters

AUGUST 2, 2023

The pandemic had a massive influence on how businesses view the importance of ESG. We’ve also seen some incredible innovations in the ESG space through our B2B marketplace platform that connects large buyers to pre-vetted suppliers. A number of things have got us to this point. Most companies set out to do the right thing.

supply chain budgeting 81

supply chain budgeting Procurement Supply chain Suppliers 81