Procurement Templates

APRIL 15, 2024

Contract Management: Review and standardize contract management processes to improve compliance and reduce contractual risks. Negotiation Strategies: Develop negotiation strategies to achieve better terms, prices, and value from suppliers.

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Procurement team Contract management Innovation Suppliers 130

Procurement Templates

MARCH 7, 2024

Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement processes, such as vendor selection criteria, bidding procedures, and contract management protocols.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Procurement Tactics

JUNE 22, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Tradogram Tradogram is a top-rated e-procurement software solution that helps businesses manage their procurement process from end to end.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

World of Procurement blog

APRIL 23, 2024

Reviewing Contracts as a Procurement Pro Reviewing contracts involves scrutinizing terms, conditions, and appendices to ensure they align with your organization's needs and policies. It includes regular performance reviews, management of changes, and responding to any issues.

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Procurement contracts Contract Procurement Negotiation 52

World of Procurement blog

APRIL 23, 2024

Reviewing Contracts as a Procurement Pro Reviewing contracts involves scrutinizing terms, conditions, and appendices to ensure they align with your organization's needs and policies. It includes regular performance reviews, management of changes, and responding to any issues.

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Procurement contracts Contract Procurement Negotiation 52

The Procuretech Podcast

MARCH 1, 2022

Kicking off this week with the first of a number of interviews we'll be doing over the next couple of months with contract management platforms. My guest today is Elena Mechik of Berlin-based startup Inhubber, which offers a blockchain-based solution for contract management and tracking. Who are the contract partners?

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Contract management Contract Management supply chain software solutions 40

Zycus Cognitive Procurement

DECEMBER 1, 2020

There are many benefits of contract management software, especially in today’s world. Also, contract management software provides the legal, procurement, financial, sales, and contract administration teams with a useful set of tools to effectively and efficiently manage the entire contract management process.

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Contract management Contract Management Contract administration 40

Negotiations Ninja

APRIL 10, 2023

Nada recently launched a blog called “Contract Nerds,” where she seeks to be a resource and community for everyone who works with contracts (lawyers, procurement professionals, contract managers, etc.). Her goal is to bridge the gap […]

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Contract Negotiation Contract management Procurement 52

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

Procurement Tactics

JUNE 28, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates.  Menu Course Library 1.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

World of Procurement blog

APRIL 23, 2024

Below are the top 20 skills they need to master: Negotiation Skills : The ability to negotiate favorable terms, conditions, and prices is essential. Contract Management : Navigating, drafting, and managing contracts with vendors. Project Management : Leading procurement projects from inception to completion.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Below are the top 20 skills they need to master: Negotiation Skills : The ability to negotiate favorable terms, conditions, and prices is essential. Contract Management : Navigating, drafting, and managing contracts with vendors. Project Management : Leading procurement projects from inception to completion.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

ProcurePort

NOVEMBER 3, 2021

Creating, negotiating, managing, and settling contracts is an essential part of any business. Contract management is also a critically underpinning element of sourcing in the supply chain. So, what are Contract Lifecycle Management CLM or simply contract creation tools?

Contract 130

Contract Contract management Negotiation Supply chain 130

Procurement Tactics

JULY 2, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Softwares Available for Creating and Managing Job Orders 1. It includes supplier management, contract management, and spending analysis.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

The Procuretech Podcast

SEPTEMBER 5, 2023

00:03:40] Contract life cycle management. [00:10:01] 00:10:01] Post-signature contract lifecycle management. [00:11:01] 00:18:20] Value leakage in contracts. [00:22:10] 00:24:35] Procurement's added value in negotiations. [00:28:11] 00:11:01] The Holy Triangle. [00:14:09] 00:28:11] Demoing platform features.

Contract 40

Contract Contract management Management Negotiation 40

Let's Talk Supply Chain

SEPTEMBER 7, 2022

And today in episode four, we’ll be turning our attention to Sifted’s Contract Management Suite. IN THIS EPISODE WE DISCUSS: [01.43] Some of the big challenges around contract management in the current climate. It’s about providing visibility… You need to be looking at your contracts.

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Contract supply chain budgeting Contract management Supply Chain Optimization 97

Procurement Tactics

MAY 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Contract Auditing — Everything You Should Know Contract auditing allows parties to know their obligations and follow them thoroughly. In this article, we will discuss what contract audit means.

Contract 184

Contract Negotiation Contract management Procurement strategies 184

World of Procurement blog

APRIL 23, 2024

They ensure the company gets the best possible deals in terms of quality, cost, and delivery times by skilfully negotiating with suppliers and vendors. Supplier Management: Identifying, evaluating, and engaging suppliers. Contract Negotiation: Negotiating contracts to secure advantageous terms on behalf of their company.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

World of Procurement blog

APRIL 23, 2024

They ensure the company gets the best possible deals in terms of quality, cost, and delivery times by skilfully negotiating with suppliers and vendors. Supplier Management: Identifying, evaluating, and engaging suppliers. Contract Negotiation: Negotiating contracts to secure advantageous terms on behalf of their company.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

Jaggaer

JULY 2, 2020

Supplier negotiation skills are essential for anyone working in procurement. It’s become standard for companies to train their employees on negotiation tactics to get better deals from suppliers, but these skills are also useful outside of the buyer -supplier relationship. The Number One Tip for Successful Negotiations?

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71

World of Procurement blog

APRIL 23, 2024

It involves selecting suppliers, negotiating price, delivery terms, and ensuring the supply of quality goods. Strategic sourcing and cost management are integral parts of this phase to ensure the company remains cost-efficient and competitive.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

It involves selecting suppliers, negotiating price, delivery terms, and ensuring the supply of quality goods. Strategic sourcing and cost management are integral parts of this phase to ensure the company remains cost-efficient and competitive.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Procurement Tactics

DECEMBER 20, 2022

It details the stages of the process of contracts from drafting to post-signature tracking. Although some companies have their own stages of contracts, they still follow the same way in which the contracts will be created, reviewed, negotiated, signed, tracked, and renewed. . The free plan is up to 50 contracts a year. .

Contract 130

Contract Management e2e Contract management 130

Spend Matters

JANUARY 22, 2024

In the contract lifecycle, LexCheck acts solely in the review and negotiation stage that comes after contract request creation and before approvals, signatures, obligation management, etc. This Vendor Analysis explores LexCheck’s platform, application and supporting services.

Contract 91

Contract Contract management Buyers Negotiation 91

Procurement Tactics

JUNE 19, 2023

You can gain all the skills and knowledge that you need online and particularly from digital procurement courses that cover negotiation, procurement strategies, and sustainable procurement. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Procurement 201

Procurement Collaboration Procurement strategies supply chain software solutions 201

Procurement Heads

JANUARY 30, 2023

Procurement is more about contract management and negotiating great commercials for your business. The roles were different in nature as one involved closely managing warehouse colleagues whereas IT procurement is more office-based and strategic. I enjoy negotiating so that is also a bonus.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

Procurement Foundry

DECEMBER 22, 2022

Now is the perfect time to review those contracts coming up for renewal/renegotiation over the next year, setting yourself up for optimal negotiations in 2023 by avoiding the consequences that come from playing the “waiting game.”.

Negotiation 52

Negotiation Contract Contract management Management 52

Procurement Templates

MARCH 3, 2024

Identify opportunities for consolidating supplier relationships, negotiating better terms, or diversifying the supplier base to mitigate risks. This may involve setting category-specific goals, implementing sourcing strategies, negotiating contracts, and establishing performance metrics.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

ContractSafe

MAY 6, 2022

Managing vendor contracts and relationships is an often-underappreciated balancing act that procurement managers face.

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Contract management Contract Management Procurement 52

The Good Spending

JANUARY 13, 2024

Recently, we wrote about the information asymmetry in SaaS negotiations : buyers tend to limit their spending on SaaS due to the need for more knowledge of its fair market price. SaaS demand management can help procurement identify cost savings opportunities, boost efficiency, and reduce risk. Contract management.

Contract management 59

Contract management Negotiation Contract Demand 59

Spend Matters

APRIL 12, 2023

Categories: Contract Management , Procurement Systems & Architecture Tags: PRO Contract lifecycle management (CLM) tools tend to specialize in a variety of areas to serve diverse use cases. Some may excel in metadata extraction for repository management.

Management 67

Management Contract management Import Contract 67

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints conceptualized a technology solution using Ivalua’s Supplier Information Management , Sourcing and Contract Management solutions to streamline the end-to-end contract management and sourcing processes. .

Contract 130

Contract Collaboration Sourcing Contract management 130

World of Procurement blog

APRIL 24, 2024

Procurement, however, is the broad orchestra conductor, encapsulating the strategic process of sourcing, negotiating, and managing the acquisition of goods and services essential for an organization's operations. Skills Needed For Buying: Negotiation Savvy : Securing the best deals requires adept bargaining skills.

Procurement 52

Procurement Supplier relationship management Strategic sourcing Strategic sourcing 52

Barkers Procurement

SEPTEMBER 17, 2023

Contract lifecycle management, often abbreviated to ‘CLM’ in procurement, is the management of contracts from the initiation right through to the termination or renewal of the contract. Contracts are crucial documents. If the contract expires, the parties need to notify all the users.

Contract 52

Contract Management Contract management Negotiation 52

SCMDOJO

APRIL 20, 2023

Roles and Responsibilities Within the Procurement Department The procurement department is responsible for managing the purchasing and procurement process for a company or organization. Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] What does a Procurement Manager do?

Management 95

Management Procurement Contract management Supply Chain Optimization 95

Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management. Read more. )

e2e 80

e2e Management Buyers Contract 80

Spend Matters

JANUARY 16, 2023

Categories: Analytics , Contract Management , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the software as a service (SaaS) management solution provider Tropic and its SaaS sourcing and procurement platform.

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Procurement solutions Contract management Procurement Market knowledge 73