Procurement Tactics

AUGUST 19, 2022

Or receive our famous weekly newsletter. Vendor Management Best Practices — The Ultimate Guide of 2022. Vendor management best practices are utilized to boost business growth and productivity. For this article, we will discuss what the best practices in vendor management are. What is Vendor Management? ENROLL NOW.

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Vendor management Management e2e Negotiation 130

Procurement Tactics

AUGUST 23, 2022

Or receive our famous weekly newsletter. Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. What is Contract Management?

Contract management 130

Contract management Contract supply chain software solutions Management 130

Procurement Tactics

SEPTEMBER 6, 2022

Or receive our famous weekly newsletter. Managing A Procurement Team – Definitive Guide. Managing a procurement team is difficult. With all the social, political, and environmental movements that millennials are starting, how can you manage them without conflicting perspectives? Collaborative. First Name.

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Procurement team Management Procurement Innovation 130

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions.

Procurement 201

Procurement Collaboration Procurement strategies supply chain software solutions 201

Procurement Tactics

MARCH 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Source-to-Contract — The Ultimate Guide Source-to-contract is an important process in procurement. Additionally, we will tell you some tips on how you can manage it source-to-contract when disruption arises.

Contract 156

Contract Sourcing Purchase orders Bidding 156

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR? Why is CPFR Important?

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Una

JULY 19, 2023

EPISODE 124 The Latest Trends in Contingent Workforce Management with Julia Braun By Kelly Barner | July 19, 2023 Contingent workforce is certainly not a new category of spend for procurement to manage, but it is a category that has gone through substantial changes over the last few years.

Management 52

Management supply chain software solutions Category management Sourcing 52

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Spend Matters

DECEMBER 13, 2023

Along with generative AI, the intake management market has been this year’s primary discussion among procurement practitioners and software providers. Then please see our intake management mini-series , published this summer, which addresses these concerns and more. If you have questions such as: What is intake? What is orchestration?

Management 77

Management Stakeholder engagement Purchasing Procurement 77

Procurement Tactics

JANUARY 2, 2023

Or receive our famous weekly newsletter. However, not many people know how to collaborate with their suppliers. . Therefore, supplier integration is the degree to which firms collaborate with their suppliers. . Or receive our famous weekly newsletter. It is the process of collaboration between firms and suppliers. +

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Procurement Leaders

JANUARY 16, 2024

Entire supplier events are executed to make this happen and relationship management structures put in place to govern it. Dr Robert Suurmond, assistant professor in purchasing and supply chain management at Maastricht University, meanwhile, has been looking into the space for some time. And it makes sense.

Innovation 130

Innovation Suppliers Supply chain management Supply chain management 130

Procurement Tactics

DECEMBER 7, 2022

Or receive our famous weekly newsletter. We will tell you how it works and how you can manage it. Additionally, we will discuss the three processes of financial supply chain management. Supply chain finance fosters collaboration between buyers and sellers. What is Financial Supply Chain Management?

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

Una

JANUARY 9, 2023

Managing Tail Spend to Avoid "Porcelain Dalmatians". 5 steps to take when managing tail spend to avoid making purchases within an organization that go underutilized or unused. However, if properly managed, tail spending can significantly reduce costs by as much as 10 percent or more of a company’s indirect expenses. .

Management 97

Management Spend management Purchasing Procurement team 97

Finale Inventory

OCTOBER 6, 2023

The significance of a seamless Warehouse Management System (WMS) cannot be undervalued in today’s fast-paced ecommerce and logistics sector. Effective space management can lead to reduced operational costs. When reviewing the reports, if discrepancies arise or goals are missed, approach the situation collaboratively.

Supply Chain Optimization 52

Supply Chain Optimization Management Quantity Inventory 52

Planergy

AUGUST 18, 2023

How better management in AP can give you better flexibility for cash flow management. Download Free Copy Office Management: What Is It, Roles, Best Practices Guide, and More Written by Rob Biedron 19 min read HR Management & Leadership Download PDF IN THIS ARTICLE What Is Office Management?

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

How better management in AP can give you better flexibility for cash flow management. Download Free Copy Office Management: What Is It, Roles, Best Practices Guide, and More Written by Rob Biedron 19 min read HR Management & Leadership Download PDF IN THIS ARTICLE What Is Office Management?

Management 52

Management Budget Collaboration Spend management 52

Procurement Tactics

JULY 2, 2023

When it comes to procurement, a job order is created to initiate and manage the procurement process. Laying out the relevant details such as the quality standards, quantities, and specifications of the subject goods or services as well as the other dependencies will allow for an effective collaboration and avoid misinterpretation.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Una

JUNE 13, 2023

How to Impress During a Procurement Job Interview Explore strategies candidates can use to bring their A-game to the table and impress the hiring managers during a procurement job interview. Showcase your experience in conducting market research, performing cost-benefit analyses, and managing budgets.

Procurement 52

Procurement Management Ethics Negotiation 52

Una

JANUARY 10, 2023

But he and his team aren’t just consolidating demand, they are also building a collaborative community in what has historically been a highly fragmented industry – at least on the buy side. Subscribe to our Newsletter. Highlights. Episode 95: All Eyes on China – the Human Side of Current Events with Kris Lance.

Collaboration 145

Collaboration Sourcing Import Demand 145

The Procuretech Podcast

OCTOBER 30, 2022

Risk Management, Tech and Resilience - David Loseby from Leeds Uni Business School. Today we're tackling a big Elephant in the room that everyone's got their eye on right now: The world of third party risk management. . 09:39: We discuss the challenges of risk management. . Sign up for the Procurement Software Newsletter.

Risk management 40

Risk management Risk Management Influencing 40

Procurement Tactics

AUGUST 25, 2022

Or receive our famous weekly newsletter. Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . 33 Procurement Interview Questions in 2022. First Name.

Procurement 231

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

Una

JUNE 5, 2024

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Advanced analytics, automation , and digital collaboration platforms can provide the agility and responsiveness needed to navigate uncertainties. The lesson? Diversification is king.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

SCMDOJO

MARCH 28, 2023

Blockchain technology is revolutionizing the way businesses manage their supply chains. The use of complex technologies in managing inventory, transportation, trade, and other supply chain activities has been evolving for ages. However, implementing blockchain in your business also comes with its own set of challenges.

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 110

Procurement Tactics

AUGUST 24, 2022

Or receive our famous weekly newsletter. It is a virtual platform where suppliers and buyers located anywhere in the world can collaborate together. It makes sense when the organization wants to concentrate on its core competencies or when a function is proven to be difficult to manage. Catalog management. First Name.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

Una

AUGUST 2, 2023

EPISODE 126 Making Procurement Research Actionable with Denis Wolowiecki By Kelly Barner | August 2, 2023 According to CAPS Research, two thirds of Chief Procurement Officers and Chief Supply Chain Officers – the top spend management executive in a company – sit two levels below the CEO.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement strategies Spend management 52

Procurement Tactics

OCTOBER 16, 2022

Or receive our famous weekly newsletter. The system usually includes the management of contractors, subcontractors, construction accounting, payroll, and service operations in a central database. . Management of contractors. Management of subcontractors. Workforce management. Financial management.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

Procurement Tactics

APRIL 12, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Labor Practices — Embracing Sustainability Sustainable labor practices in procurement should be observed to ensure that the employees will have a safe working environment. life learning program.

Sustainability 180

Sustainability Ethics Negotiation Procurement strategies 180

Procurement Tactics

MARCH 29, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Pillars of Sustainability — Everything About Sustainability The pillars of sustainability should be embedded into an organization’s strategy to achieve sustainability. However, what are these pillars?

Sustainability 130

Sustainability Supply Chain Efficiency Ethics Cost of ownership 130

Una

MAY 9, 2024

A foundation of trust and collaboration At the core of any successful partnership lies trust and collaboration. This alignment fosters a collaborative environment where both parties can work towards common goals, share innovative ideas, and solve problems together.

Import 52

Import Suppliers Supply Chain Efficiency Ethics 52

Procurement Tactics

JULY 4, 2023

It enables organizations to effectively negotiate and collaborate with suppliers. Here are some tips for tracking prices: Subscribe to industry publications and newsletters to stay up-to-date on market trends Use online resources such as commodity price indexes to track prices. Monitor the prices of raw materials from your suppliers.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations. What is Kaizen?

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

Una

JUNE 6, 2024

Several high-profile corporations including Dell, Microsoft, Amazon, and Google, have issued “return to the office or else” ultimatums , arguing it promotes collaboration and productivity. (If Video conferencing, file sharing, and collaboration tools enable seamless remote communication. The nature of procurement work is changing.

Procurement 52

Procurement Collaboration Supplier relationship management Procurement team 52

Una

MAY 22, 2024

Streamlining communication channels, implementing clear decision-making processes, and leveraging collaboration tools can also enhance efficiency and reduce the chances of time-wasting miscommunication. In some teams, this requires a cultural shift where people first have to be empowered to push back on the need for a meeting.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 52

World of Procurement blog

JULY 28, 2021

We need to think about Supplier Relationship Management during Covid-19 COVID-19 is having a significant effect around the world for individuals in terms of the way we work and live our daily lives. In this article, Sharon Croome breakdown a simple step-by-step guide to Supplier Relationship Management in the Supply Chain.

Supplier relationship management 52

Supplier relationship management Suppliers Management Supply Chain Optimization 52

Procurement Tactics

JUNE 5, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically. Why is it Important?

supply chain budgeting 192

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

Procurement Tactics

MARCH 26, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Open Tendering — Everything You Should Know Open tendering is crucial in the acquisition of goods and services for a company. However, what is it?

Bidding 197

Bidding Suppliers Competitive bidding Price 197