Procurement Tactics

JUNE 22, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. 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.  Menu Course Library 1.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Spend Matters

APRIL 16, 2025

(IO) Understanding AWS Marketplace in the context of procurement solutions Many are more familiar with Amazon Business, a platform for sourcing indirect physical goods. Read Lead Analyst of Downstream Procurement Xavier Olivera’s quick breakdown of the solution.

Procurement 94

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 94

Jaggaer

FEBRUARY 5, 2025

Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools. Furthermore, eSourcing software can help review the contract terms and conditions against a predefined checklist to ensure there are no red flags, like missing clauses, discrepancies, or unfavorable terms.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

supply chain budgeting 119

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 119

Procurement Tactics

JULY 2, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. There are various tools and software that provide a template to create a job order document. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.  Menu Course Library 1.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. The following are common types of negotiation in procurement: 1.

Supplier negotiation 105

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 105

SCMDOJO

MAY 27, 2025

How Private Equity Shapes Modern Supply Chains Money from private equity doesnt just change ownership. Picture a logistics firm suddenly equipped with cutting-edge software that tracks shipments in real time, often thanks to fresh investment. Unwinding those can slow a deal and spark disputes if the terms are unclear.

supply chain software solutions 40

supply chain software solutions Risk Supply chain Innovation 40

SCMDOJO

MARCH 24, 2025

However, due to bulk purchasing negotiations, the company secures a discount and purchases the material at $4.50 This positive variance is achieved through effective negotiations, efficient internal management, and leveraging market opportunities. However, its impact is typically greater on the buyer than on the supplier.

Price 60

Price Purchasing supply chain budgeting Raw materials 60

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Unison Marketplace**: Formerly known as FedBid, this platform optimizes procurement processes for government buyers, enhancing sourcing efficiency.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 52

Planergy

MARCH 18, 2025

Modern Spend Management and Accounts Payable software. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. Efficient supply chains play a major role in keeping schools running smoothly. What's PLANERGY?

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Procurement Heads

JANUARY 30, 2023

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.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

Jaggaer

FEBRUARY 20, 2025

Everything You Need to Know End-to-end process and end-to-end solution may be one of the most overworked phrases in business and IT. The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

ivalua

APRIL 6, 2021

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management. What are the benefits Best Practice Contract Management?

Contract 130

Contract Management Contract management e2e 130

SCMDOJO

AUGUST 21, 2023

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.

Supply Chain Optimization 98

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

Procurement Tactics

JUNE 28, 2023

The way a Futures Contract works is that the seller should sell or the buyer should purchase the underlying commodity at the agreed price, at the contract’s expiration date, regardless of its current price at the time of the expiration 2. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Software

MAY 9, 2022

Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Here are 5 Key Advantages from using Supplier Relationship Management Software.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Here are 5 Key Advantages from using Supplier Relationship Management Software.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Spend Matters

JUNE 3, 2025

The US administrations announcement of reciprocal tariffs in early April sent a jolt through global supply chains. Building internal alignment across procurement, supply chain, legal and finance to tie sourcing decisions to tariff cost modeling and compliance. Contract rebalancing to shift tariff liability.

Agile and Lean Supply Chain 64

Agile and Lean Supply Chain Real-time Visibility Supply Chain Efficiency Procurement 64

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Tactics

JULY 14, 2022

Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services. These include strategic planning, supplier collaboration, implementing best practices , strategic sourcing , and negotiation. . Want to take your negotiation results to the next level? ENROLL NOW.

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

Procurement Software

FEBRUARY 14, 2023

If you’re more of an audio person, we also ran a recent episode of the podcast covering some of these, which you can access here: What are the top 10 criteria to consider when buying procurement software? Or, more specifically, what type of cost model does the procurement software provider use for their pricing?

supply chain software solutions 72

supply chain software solutions Procurement Price Sourcing 72

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Arkestro

MARCH 27, 2024

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.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Procurement Tactics

JULY 14, 2022

Procurement executives are known as purchasing agents or buyers in some organizations. Purchasing agents are responsible for negotiating and evaluating with the suppliers. Want to take your negotiation results to the next level? Excellent communications and negotiation skills with suppliers and internal customers. .

Procurement 130

Procurement Purchase orders Purchasing Negotiation 130

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. The procurement process lays the groundwork by choosing appropriate suppliers and securing advantageous conditions through negotiation. Purchasing executes that plan by completing the actual transactions.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Procurement Tactics

AUGUST 24, 2022

A supply network is a cluster of suppliers or vendors that helps an organization in adding value for customers by producing or delivering a product. . It is a virtual platform where suppliers and buyers located anywhere in the world can collaborate together. Want to take your negotiation results to the next level? ENROLL NOW.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Supply Chain Game Changer

JANUARY 20, 2022

Subscribe to Supply Chain Game Changer. Customers of AliExpress may claim their rights called Buyer Protection. Buyer Protection is useful when: The goods are broken or defective and do not match the description. To safeguard the buyer, the delivery guarantee always lasts until the end of the estimated delivery period.

Import 98

Import Buyers Quantity supply chain software solutions 98

Let's Talk Supply Chain

SEPTEMBER 15, 2022

This, coupled with other external factors like clogged ports, only continues to exacerbate the havoc that disrupts the global supply chain. However, exporters can overcome some of these challenges by using financing solutions to improve cash flow, and significantly reduce the buyer’s payment risk. Reaction from Buyers.

Export 89

Export Buyers Management supply chain software solutions 89

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

SCMDOJO

APRIL 26, 2023

This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money. Category Management Software What is Category Management in Procurement? Using category management software is ideal as it creates visibility and efficient management.

Category management 107

Category management Management Supplier relationship management supply chain software solutions 107

Procurement Software

MAY 21, 2024

Will AI replace procurement professionals in negotiations? But, this then begs the question, what about negotiation? Could AI replace the need for procurement professionals in negotiations? AI, procurement and supplier negotiations: where is this going? This technology will be a point solution. But, not so fast.

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Procurement 52

Procurement Software

MARCH 16, 2025

They can make informed decisions, negotiate more effectively, and identify cost-saving opportunities faster. Three-way communication between Buyers, Stakeholders and Suppliers avoids the need for unnecessary emails. The post 10 Digital Procurement Quick Wins appeared first on Procurement Software.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

SCMDOJO

JUNE 3, 2025

Retail Supply Chains: Procurement teams can negotiate better deals thanks to the transparent data they receive when their digital estimator analyzes bulk order pricing in an instant. Providing clear cost estimates in this way helps to build better negotiations with your suppliers.

Procurement 54

Procurement Supply Chain Efficiency supply chain budgeting Budget 54

Procurement Insights

MAY 13, 2025

Case Studies, such as the one with a major electronics chain in the US, suggest that off-contract buying can save you a considerable amount of money, depending on the products you buy. With some tech, you can break down the problem and reduce the chances of it occurring.

Contract 40

Contract supply chain budgeting supply chain software solutions Purchasing 40