Buyers Procurement strategies Supply chain resilience 
Procurement Insights
FEBRUARY 27, 2025
I have noted that many LinkedIn posts regularly mention the belief that the C-Suite continues to see procurement primarily, if not solely, as a cost-savings function. This broader agenda suggests that while cost savings remain important, procurement’s role has expanded to include value creation and strategic partnership.”
Procurement Tactics
JUNE 7, 2023
Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. CERTIFICATE COURSES Related courses about this subject 1.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Procurement Insights
APRIL 18, 2025
This underscores the need for different procurement strategies, risk management, and technology solutions for indirect MRO spend versus direct materials 3 5. Many vendors and buyers have accelerated purchases to get ahead of these tariffs, causing temporary price drops followed by sharp increases once tariffs take effect 1 4 5 6.
Procurement Tactics
DECEMBER 21, 2022
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. P&G’s value-sharing model.
Future Purchasing
FEBRUARY 25, 2025
Furthermore, sustainability goals must be balanced with the need for cost-savings, supply chain resilience and meeting industrial strategy objectives. Organisational Challenges Skills shortages The procurement industry is experiencing significant skills shortages.
World of Procurement blog
MAY 8, 2024
Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Buyer/Purchasing Agent - Executes purchase orders and transactions.
Empowering CPO
JUNE 14, 2023
Moreover, traditional procurement models can be slow and bureaucratic, lacking the flexibility to adapt to changing business needs and market conditions. 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.
Expert insights. Personalized for you.
52 
Let's personalize your content