Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Una

JULY 12, 2023

EPISODE 123 Healing Healthcare Supply Chains with Luká Yancopoulos By Kelly Barner | July 12, 2023 Many supply chains deal with pain points. During the pandemic, Luká and William Danon started Pandemic Relief Supply, a venture that delivered $20 million worth of health care supplies to frontline workers.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply chain Supply 52

The Procuretech Podcast

OCTOBER 16, 2022

Kelly Barner, founder of Buyers Meeting Point and partner at Art of Procurement, a very warm welcome to the show! The View on Tech from Both Sides - Kelly Barner from Buyers Meeting Point. Check out Buyers Meeting Point. Sign up for the Procurement Software Newsletter. Stay in touch. Connect with Kelly on LinkedIn.

Buyers 40

Buyers supply chain software solutions Category management Influencing 40

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Order vs Invoice — 7 Key Differences Purchase orders and invoices may be hard to differentiate, especially if you are new in the procurement industry. What is its Purpose?

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Una

JANUARY 16, 2024

Robert is a sourcing buyer for Bugatti Rimac, a Croatian company that develops and produces cutting-edge hypercars. And while this means procurement has a diverse range of skill sets in their ranks, it does leave many teams without a solid educational foundation like what might be found in marketing or operations.

Supply Chain Optimization 80

Supply Chain Optimization Procurement Buyers Sourcing 80

Procurement Tactics

JUNE 22, 2023

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. First, it ensures clear communication between the buyer and the supplier, eliminating potential misunderstandings or disputes.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Procurement Leaders

JUNE 9, 2022

Reflecting that, T-Mobile’s procurement team has since implemented new initiatives, with a focus on providing additional support for diverse suppliers, incentivising internal staff and encouraging diverse hiring practices in its wider supply base. Buyer incentive programme to encourage sourcing staff to work with diverse suppliers.

Supply chain 130

Supply chain Supply Procurement team Suppliers 130

Una

JANUARY 17, 2023

A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. Spare a thought for supply chain managers during the Age of Sail. Supply chain technology. By Hugo Britt | January 17, 2023. Automation and Robotics.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

Procurement Tactics

AUGUST 24, 2022

Or receive our famous weekly newsletter. What is a Supply Network? . 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.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

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

The Thomas Blog

AUGUST 2, 2022

In a recent Industrial Buyer's Search Habits Survey , one purchasing supervisor that "having more online information like specifications, pricing, lead time, and stock levels online are important when I'm vetting new suppliers and will make my job easier.". Make Buyers Contact You. appropriate certification.

Buyers 144

Buyers Quality Ethics Export 144

Arkestro

MARCH 8, 2024

These awards recognize outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage. “Many of today’s supply chain pros are more than just leaders within their space; they’re innovators, decision-makers, pioneers of change and growth.

Demand 52

Demand Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

Una

JANUARY 10, 2024

Sarah Scudder With a “mission to make supply chain sexy and cool,” Sarah Scudder brings a truckload of much-needed energy to procurement and supply. Connect on LinkedIn Naseem Malik Naseem Malik is a well-known thought leader in procurement and supply, where he works in the talent recruitment sphere.

Influencing 52

Influencing Procurement supply chain software solutions Leadership 52

Procurement Tactics

NOVEMBER 27, 2022

Or receive our famous weekly newsletter. Green procurement, also known as sustainable procurement , is the approach of companies to integrate environmental, social, and governance goals into the procurement and supply chain. . Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2022.

Procurement 191

Procurement Sustainability Purchasing Raw materials 191

Procurement Tactics

JANUARY 11, 2023

Or receive our famous weekly newsletter. Price negotiation allows buyers and sellers to get the price that they want when discussing future work, projects, or collaboration. Everyone in the procurement industry is familiar with price negotiation as it is a usual occurrence when procurement professionals purchase materials or supplies.

Price negotiations 130

Price negotiations Negotiation Price Buyers 130

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 Tactics

AUGUST 25, 2022

Or receive our famous weekly newsletter. In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. First Name.

Procurement 231

Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

The Procuretech Podcast

MAY 23, 2023

They're a Texas-based supply chain software company. I can relate to this mission, having been a direct materials buyer in the automotive industry before the 2008-09 recession. She goes on to describe how a volunteer opportunity in her senior year of college led her to procurement and supply chain. Stay in touch!

supply chain software solutions 40

supply chain software solutions Supply chain Procurement Networking 40

Procurement Tactics

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions. What is Commodity Trading?

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Tactics

JULY 14, 2022

Or receive our famous weekly newsletter. Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services. Procurement service providers are effective and experienced third-party organizations that facilitate the relationship between buyers and suppliers. First Name.

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

Una

MARCH 8, 2023

This can happen if the supplier is unwilling to budge on pricing or if the buyer is unwilling to accept a lower quality product. Unrealistic demands: Negotiations can quickly break down if the buyer or supplier makes unreasonable or unrealistic demands, such as asking for a price that is significantly lower than market rates.

Supplier negotiation 97

Supplier negotiation Negotiation Suppliers Buyers 97

Supply Chain Game Changer

MAY 11, 2022

Subscribe to Supply Chain Game Changer. And most prospective buyers are going online to research the most effective manufacturing business to partner with. Create Buyer Personas. Once you’ve created a list of your goals, what you need to do next is identify your target audience and create buyer personas. Subscribe Here!

Buyers 96

Buyers Strategy Competitive analysis Supply chain 96

Una

MAY 23, 2023

Along came Group Purchasing, the dashing protagonist with an unparalleled ability to unite like-minded buyers and channel their collective strength. With Group Purchasing by her side, she gained access to a vast network of suppliers , expanding her horizons and diversifying her supply chain.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Procurement Tactics

JULY 2, 2023

Improved Supplier-Buyer Relationships Transparent relations with suppliers are also facilitated by clear and detailed job orders. Job orders enable suppliers to supply products or services which meet the business’ specific needs by giving them a comprehensive set of requirements and expectations.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Procurement Tactics

DECEMBER 26, 2022

Or receive our famous weekly newsletter. Copenhagen supplies seasonal and diverse organic fruit and vegetables. Example 2 — The City of Copenhagen Supplying Seasonal and Diverse Organic Fruit and Vegetables. Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2023. Download Whitepaper →. .

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

Una

JANUARY 11, 2023

Generally, this means anything necessary for day-to-day operations such as office supplies, IT software and support services , travel expenses, warehousing, and utilities. Yet typically, 15% to 30% of spend is only guided by policies that decentralized buyers may be too busy to follow. Subscribe to our Newsletter.

Procurement 98

Procurement Raw materials Change management Risk 98

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 Dropshipping Suppliers — Pricing & Reviews The US dropshipping market reached an estimated amount of $15.64 It mainly distributes industrial, safety, electrical, and contractor supplies.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Supply Chain Game Changer

DECEMBER 18, 2020

Subscribe to Supply Chain Game Changer. You want to be able to quickly pay any company or individual that supplies your business with whatever it needs to survive and thrive. Newsletter Publication. You can also feature a company newsletter every week that talks about your services and products. Subscribe Here!

Raw materials 79

Raw materials supply chain software solutions Supply Chain Optimization Purchasing 79

Procurement Tactics

SEPTEMBER 9, 2022

Or receive our famous weekly newsletter. In the review, he argued that the supply items should be mapped against two key dimensions which are risk and profitability. The purpose of why he created the Matrix was to help companies in maximizing supply security and reduce costs by using most of their purchasing power. First Name.

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

Procurement Tactics

JULY 14, 2022

Or receive our famous weekly newsletter. Procurement executives are known as purchasing agents or buyers in some organizations. According to salary.com , the average global supply chain and procurement executive salary in the United States is $260,390 as of May 27, 2022. . 33 Procurement Interview Questions in 2022. First Name.

Procurement 130

Procurement Purchase orders Purchasing Negotiation 130

Una

MARCH 6, 2023

Go beyond supplier collaboration to true partnership Procurement professionals often speak about their strategic suppliers as “partners,” but the relationship is still essentially that of buyer and vendor. A true partnership involves pooling resources to create new value.

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

Spend Matters

NOVEMBER 21, 2023

Here’s what I found: The average Fairmarkit customer has an average sourcing event size of $20,000, realizes savings of almost 10% and can run an average of, wait for it … 123 sourcing events per week per buyer. And for those who aren’t yet “ Insider ” subscribers, please do follow us on social media or subscribe to our free newsletter.

Strategy 87

Strategy Bidding Sourcing Stakeholder engagement 87

Una

MAY 7, 2024

By estimating the reasonable cost of a product or service, buyers can challenge suppliers’ pricing proposals and negotiate more effectively to secure fair and competitive prices. Should-cost analysis isn’t just an academic exercise. Supplier Evaluation: Should-cost analysis provides a basis for evaluating suppliers objectively.

Procurement 52

Procurement Price Negotiation Supply Chain Efficiency 52

Procurement Tactics

MARCH 29, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Circular Economy — Transforming Sustainable Procurement The circular economy is gaining traction throughout the years and many businesses are adopting it. Thus, reducing the need to use more resources.

Sustainability 130

Sustainability Procurement Raw materials Import 130

Procurement Tactics

MAY 18, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter US Import and Export Statistics The U.S. Thus, causing disruption in the supply chain globally. exports more expensive and less competitive in the global market as buyers looked for a cheaper deal.

Export 130

Export Import Supply Chain Efficiency Negotiation 130

Procurement Tactics

JULY 14, 2022

Or receive our famous weekly newsletter. Almost all professionals in supply chain and procurement know that it is part of the huge procurement process. Commonly, the content of the document is the offer of the supplier to supply the needed goods or services of the organization. 33 Procurement Interview Questions in 2022.

Procurement 130

Procurement Bidding Supply Chain Efficiency Contract 130

Una

MAY 23, 2023

Along came Group Purchasing, the dashing protagonist with an unparalleled ability to unite like-minded buyers and channel their collective strength. With Group Purchasing by her side, she gained access to a vast network of suppliers , expanding her horizons and diversifying her supply chain.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52