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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. Childhood traumas aside, I have always been fascinated by negotiation, writing about the subject many times over the years – including for this blog. Here are a couple of the more memorable ones: Does Age Influence Contracting Negotiation Styles?

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Supplier Collaboration Software — What You Should Know

Procurement Tactics

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. The platform also helps track how well suppliers are performing, manage contracts with them, and analyze how much money is being spent on supplies.

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Supply Chain Collaboration — The Ultimate Guide

Procurement Tactics

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Negotiation Course For Procurement Professionals. LEARN MORE.

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

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Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

ivalua

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. Learn more at www.ivalua.com. Media Contact. Michael Gallo.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. 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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How to Transform Procurement into a Strategic C-Suite Player

Arkestro

Studies show that companies with an automated procurement negotiation process consistently save money, improve their supply chain resilience, and increase buyer productivity. If CPOs want to prove their value beyond cost-savings, they need the right tools to give them the insights to get there.