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. Advanced techniques via elevated supply chain skills empower procurement teams to handle complicated interactions.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

Arkestro

MAY 9, 2022

Strategic sourcing was in the spotlight. Ongoing Supply Chain Challenges. In a March 2022 article in The Harvard Business Review titled “ Are the Risks of Global Supply Chains Starting to Outweigh the Rewards?” He writes: “The conflict in Ukraine is only the latest jolt to global supply chains.

Procurement 52

Procurement supply chain software solutions Supply Chain Optimization Real-time Visibility 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address. Making The Right Choices.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Supply Chain Game Changer

AUGUST 24, 2021

Subscribe to Supply Chain Game Changer. Stand Out Digital Supply Chain Strategies! Technologies to optimize Supply Chain article and permission to publish here provided by Arra at No-BS Marketplace. Latest Technologies Available To Help Different Supply Chain Models. Subscribe Here!

Supply Chain Optimization 119

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 119

Pipefy

JANUARY 11, 2023

Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . This shift has become necessary as procurement departments are tasked by management with new strategic duties. A necessity for sourcing transformation.

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Supply Chain Game Changer

SEPTEMBER 28, 2022

Subscribe to Supply Chain Game Changer. Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. For instance, you want to convert visitors into buyers or subscribers. appeared first on Supply Chain Game Changer™.

Real-time Visibility 85

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 85

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Empowering CPO

MAY 5, 2023

In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management. This approach often resulted in inefficient use of resources, limited visibility into supplier performance, and difficulty in managing complex supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Una

JANUARY 1, 2024

Resources to help: 8 Benefits of Reducing Maverick Spend How to Optimize Your Spend with a Strategic Sourcing Process 6 Ways to Manage Maverick Spend How to Control Your Wildest Maverick Spenders 3. Fix these problems, and watch your mavericks disappear.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Lastly, traditional models often overlook the strategic potential of procurement.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Planergy

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency. How to gain visibility and control of your indirect spend.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

SCMDOJO

DECEMBER 14, 2023

READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO! The Inner Workings of a Sourcing Agency: 1. Client Consultation: Understanding Needs The journey begins with a detailed consultation between the sourcing agency and the client. Hire the Expert Now or Start a Chat!

Sourcing 73

Sourcing Supply Chain Efficiency Supply Chain Optimization Negotiation 73

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

The Good Spending

JANUARY 4, 2023

Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. The Strategic Sourcing Matrix Let’s start with the classical view, which is the adapted Strategic Sourcing matrix.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

SCMDOJO

APRIL 3, 2022

Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs. Introduction to Strategic Sourcing. . It’s time for the Auctioneer to take the stage!

Supply Chain Efficiency 138

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 138

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

JUNE 13, 2023

Penny Penny is a startup based in Saudi Arabia, offering a cloud-based Source-To-Pay solution. It serves the needs of purchasing managers, procurement professionals and senior buyers. MySupply MySupply is a small but growing German eSourcing software startup offering an automated sourcing platform.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships.

Category management 76

Category management Management Supplier relationship management supply chain software solutions 76

Planergy

JANUARY 18, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier-managed catalogs live within the buyer’s purchasing system, but the supplier has access to the catalog so they can maintain it. How to gain visibility and control of your indirect spend.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Planergy

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This contingent labor allows you to optimize your marketing without fully engaging an internal marketing department or marketing agency. How to gain visibility and control of your indirect spend.

Management 52

Management Procurement supply chain budgeting Budget 52

Procurement Software

JANUARY 23, 2024

Specific and sustainable supplier catalogues are included, allowing users to benefit from Hivebuy’s bulk buyer conditions. Matchory Matchory is a German procurement startup offering a data-driven strategic sourcing solution. This helps to optimize designs towards lower cost and eliminates waiting times for supplier quotations.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Further analyzing that spend can help you determine opportunities for implementing cost savings practices like supplier consolidation, strategic sourcing , and standardization. Subscribe Here!

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68