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When does a negotiation reach a conclusion, e.g., when is it really over?

Procurement Insights

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? Like supply chain resiliency, negotiations must also have a certain fluidity to address the volatility we have experienced over the past few years.

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How do rising interest rates and inflation affect global supply chains?

EazyStock

Review your inventory health As stock levels influence cash flow, if you have unnecessarily high inventory levels, now is the time to reduce them to avoid tying up capital. With a resilient supply chain, your business can absorb the additional stress so that it can recover, whatever the circumstances.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

They can also create adversarial relationships between buyers and suppliers, as they often involve tough negotiations and a focus on short-term gains rather than long-term collaboration. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

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IBM Connected Trade Platform helps power the digitization of trade and supply chain financing

IBM Supply Chain Blog

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

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Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

Global inflation is at record highs and the Great Resignation has given way to the Great Reshuffling, leading to uncertainty in talent markets. What will 2023 bring? Time will tell, but it is unlikely to be a return to the pre-pandemic normal.