Supply Chain Brain

OCTOBER 8, 2021

Is there any room for actual collaboration between suppliers and buyers, based on more than just price?

Buyers 111

Buyers Suppliers Collaboration Price 111

Supply Chain Dive

MARCH 4, 2024

Large buyers have been pressuring suppliers, dragging down smaller, private firms’ operational efficiency, according to RapidRatings analysis.

Suppliers 119

Suppliers Buyers 119

Let's Talk Supply Chain

JANUARY 11, 2023

Today I’m joined by Nipendo , a forward-thinking software brand that is on a mission to improve how buyers and suppliers work together to combat Source-to-Pay inefficiencies and costs. 12.55] Buyers: their key challenges, how the Nipendo platform works for them, and the benefits it delivers. People stop doing tedious things!…

Buyers 52

Buyers Suppliers supply chain budgeting supply chain software solutions 52

Spend Matters

JULY 14, 2022

However, despite tremendous growth, overall acceptance of virtual cards by suppliers remains stubbornly low. Supplier objections usually include fees associated with virtual card acceptance, lack of payment acceleration and manual processing of virtual cards received via email. Typically, supplier payment terms are a main inhibitor.

Buyers 72

Buyers Suppliers Purchasing Management 72

Supply Chain Brain

SEPTEMBER 22, 2021

Cristina Rodriguez, senior counsel with the law firm of Wolfe Pincavage LLP, offers guidance on how suppliers and buyers should prepare for the inevitable contract disputes that arise from issues such as supply chain shortages arising from the COVID-19 pandemic.

Buyers 98

Buyers Contract Suppliers Supply chain 98

Procurement Insights

FEBRUARY 8, 2024

” – Steven Williams, Frito-Lay and Quaker CEO I shared the following comment in a post by Steven Williams , who started his career many years ago as a buyer and is today Frito-Lay and Quaker’s ( PepsiCo ) CEO. Being transparent and authentic about what I’m doing and then doing what I say I’m going to do.”

Buyers 83

Buyers Leadership Negotiation Procurement 83

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Spend Matters

APRIL 10, 2024

This Spend Matters Vendor Analysis gives an overview of Matchory, a solution built to simplify and accelerate the supplier discovery process. In times when nearshoring and ally-shoring are at the top of the agenda of many procurement professionals, supplier scouting is making a comeback as an essential capability.

Suppliers 83

Suppliers Supply Chain Efficiency Supply Chain Optimization Strategic sourcing 83

Supply Chain Brain

APRIL 21, 2021

By better managing the dynamic interaction among the three main players within the supply chain — logistics, suppliers, and buyers — sellers can save money for customers and lessen the environmental impact of the supply-chain industry.

Buyers 75

Buyers Logistics Suppliers Supply chain 75

Procurement Tactics

APRIL 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Code of Conduct — Embracing Sustainability Supplier code of conduct allows businesses to establish their internal and external expectations. However, what is it?

Sustainability 177

Sustainability Suppliers Chief Procurement Officer Supply Chain Efficiency 177

Procurement Insights

AUGUST 24, 2023

– In the early stages of the pandemic, Meta supported their diverse suppliers with an early pay program when many other companies were seeking extended terms from their suppliers. – [link] ; WE is a matter of trust – thoughts?

Buyers 40

Buyers Suppliers Negotiation Price 40

Spend Matters

JANUARY 24, 2024

In this Spend Matters Vendor Analysis, we give an overview of Hellios, a Supplier Information Management (SIM) solution. In the complex landscape of supplier management, organizations struggle with challenges such as compliance, inconsistent supplier data and growing demands for reporting. This content is for members only.

Suppliers 93

Suppliers Management Buyers Collaboration 93

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. Here are just a few of the most frightening challenges keeping IT buyers awake at night. Similarly, IT buyers risk receiving little value for their huge spend due to a perceived lack of solutions and the high cost of enterprise tools. Proceed at your own risk.

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

Procurement Tactics

OCTOBER 17, 2022

Supplier Onboarding — The Ultimate Guide . Supplier onboarding in a company can start slowly as its complexity requires the collection of information carefully. In this article, we will discuss what supplier onboarding is. Once you are done reading this article, you will have an in-depth knowledge of supplier onboarding.

Suppliers 175

Suppliers Negotiation Procurement Strategy 175

Supply Chain Brain

DECEMBER 4, 2022

Is the balance of power in buyer-seller relationships finally shifting in favor of upstream suppliers? .

Buyers 105

Buyers Suppliers 105

Procurement Tactics

AUGUST 24, 2022

Supplier Networks — The Ultimate Guide of 2022. Supplier networks are important in the procurement industry to find your preferred supplier. In this article, we will discuss what supplier networks are. After this article, you will have an insight into what supplier networks are. Outsource activities to Suppliers.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

Suppliers 147

Suppliers Management Supply Chain Efficiency Innovation 147

Procurement Insights

OCTOBER 6, 2023

In the year prior to eVA’s launch, between 5,000 and 6,000 of the 20,000 registered suppliers received orders. In 2006, 14,371 of the 34,000 suppliers received orders. From this standpoint, the recent digital developments – including the use of AI to provide suppliers with a seamless onboarding process, are very impressive.

Suppliers 52

Suppliers Buyers Procurement strategies Import 52

Procurement Insights

MARCH 19, 2023

. ” Besides providing in-depth and compelling industry stats regarding the predatory buying practices of the retail giant, the Vlasic Pickles story perfectly illustrates the consequences of unbalanced power in buyer-supplier relationships.

Buyers 42

Buyers Suppliers Inventory Sourcing 42

ivalua

JULY 6, 2021

As mentioned in Part I of this series on supplier diversity , the United States has taken over half a century to develop its supplier diversity culture into what it is today. There have been impressive examples of supplier diversity efforts in other countries, as well. Raising the Bar in Supplier Diversity Down Under .

Suppliers 130

Suppliers Ethics Buyers Procurement 130

Supply Chain Brain

SEPTEMBER 12, 2022

For all the talk of the need for collaboration between manufacturers and their suppliers, there are situations when their best interests come into direct conflict. .

Buyers 59

Buyers Suppliers Collaboration 59

Procurement Tactics

JUNE 22, 2023

A sales order is a confirmation document a supplier/seller issued to the buyer. It is a document that confirms the buyer’s request, including the agreed-upon terms and details such as the prices, quantities, payment method, delivery terms, and any other relevant information.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

ProcurePort

MAY 19, 2021

Any marketplace is going to be influenced by the dynamic that develops between buyers and suppliers. In procurement, the practice of maintaining vendor relationships is known as supplier management. Supplier management is arguably one of […]. The post What is Supplier Management?

Suppliers 130

Suppliers Vendor relationships Management Influencing 130

Una

MARCH 8, 2023

Pain Points in Procurement Series When Supplier Negotiations Come to a Standstill What to do when supplier negotiations appear to be at an impasse, why negotiations break down, and how to up your chances for success. This week, we explore the challenges and solutions involved when supplier negotiations hit an impasse.

Supplier negotiation 97

Supplier negotiation Negotiation Suppliers Buyers 97

ivalua

NOVEMBER 18, 2021

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. Just one-in-ten (10%) suppliers say that organisations always include sustainable practices in contracts and agreements. Suppliers have an important role to play in tackling climate change.

Suppliers 130

Suppliers Supply Chain Efficiency Buyers Sustainability 130

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% Now, it’s time to choose wholesale jewelry suppliers.

Suppliers 146

Suppliers Price Negotiation Purchasing 146

Spend Matters

FEBRUARY 19, 2024

This Spend Matters Vendor Analysis gives an overview of Kodiak Hub, a supplier management solution that consolidates all supplier information and data into one view with a focus on performance and risk. There are many old, new and developing stories about risk and the disruptions impacting business continuity and operations.

Risk 103

Risk Suppliers Supplier relationship management Sustainability 103

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023. Here are four key considerations: 1.

Price 177

Price Suppliers Negotiation Quality 177

Art of Procurement

NOVEMBER 1, 2022

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Intermodal Container Rental appeared first on Art of Procurement.

Buyers 52

Buyers Procurement Category management Contract 52

ProcurePort

JULY 6, 2021

There are two sides to every coin, and opposite the buyer is the supplier; one truly cannot exist without the other. The post Supplier Management Process: What It Is and How to Excel at It appeared first on ProcurePort Blog. From a business standpoint, this is the purpose of a well-developed procurement program.

Suppliers 130

Suppliers Management Buyers Procurement 130

The Good Spending

FEBRUARY 21, 2022

The New Sales Imperative: Changing the Paradigm In this blog, I usually call fellow procurement colleagues to embrace an Agile mindset , open themselves up to suppliers with trust and transparency, and proactively seek value generation opportunities. Indeed, suppliers are instrumental to procurement agility with innovation and value delivery.

Buyers 52

Buyers Suppliers Sourcing Procurement 52

HICX

JULY 7, 2023

Step into the future of Procurement with our visually captivating infographic that highlights the significance of Supplier Marketing. In this piece, we analyze two of our recent surveys, offering a comprehensive view of Procurement from both the buyers’ and suppliers’ perspectives. Download Infographic

Suppliers 52

Suppliers Buyers Procurement 52

Art of Procurement

AUGUST 23, 2022

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Trade Show Displays appeared first on Art of Procurement.

Buyers 52

Buyers Procurement Category management Contract 52

ivalua

FEBRUARY 12, 2021

Supplier Relationship Management has taken on new meaning in the unprecedented times in which we find ourselves living. Now is the time to rethink supplier relationships for 2021 and beyond. Supplier Relationship Management – time to rewrite the rule-book? What does this teach us about Supplier Relationships?

Supplier relationship management 130

Supplier relationship management Suppliers Management Innovation 130

Procurement Insights

AUGUST 27, 2023

@momalicious5 #kids #store #tantrum #embarrassing You think you’re going to embarrass me You will be mistaken ♬ original sound – Momalicious5 30

Supplier negotiation 40

Supplier negotiation Buyers Negotiation Suppliers 40

Procurement Insights

NOVEMBER 23, 2023

How do technologies impact the relationships between customers and suppliers? The Inspiration For This Post I recently read a post on LinkedIn talking about “the power of trust” between buyer and supplier. Note that they represented the supplier side interests.

Suppliers 64

Suppliers Buyers Risk management Supply Chain Optimization 64