Procurement Tactics

APRIL 3, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain.

Sustainability 183

Sustainability Procurement Supply Chain Efficiency Procurement strategies 183

Procurement Tactics

APRIL 5, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

Una

MARCH 16, 2023

With plenty of warning, the sourcing team could have taken a more holistic view of value, analyzed vehicle demand, dug into historical spend data, examined total cost of ownership, and moved the conversation beyond cost to align with other company goal such as sustainability or social outcomes.

Influencing 105

Influencing Procurement Cost of ownership Supplier relationship management 105

Una

JANUARY 30, 2023

For example, you could educate a stakeholder on why Total Cost of Ownership (TCO) matters, or explain the need to balance cost vs risk, or show them how their purchase could be an opportunity to engage with diverse suppliers.

Procurement 98

Procurement Cost of ownership Influencing Purchasing 98

Una

OCTOBER 12, 2023

Total Cost of Ownership (TCO): Consider the complete cost picture , including transportation, inventory holding, and quality control, when comparing sourcing options. Labor Skills and Availability Assess the availability of skilled labor in different regions and its impact on production or service quality.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Una

FEBRUARY 8, 2023

Evaluating the total cost of ownership for a product or service, rather than just the upfront price. Implement a strategic sourcing process A strategic sourcing process can help identify the best value for the company. Identifying and prioritizing relationships with strategically important suppliers.

Procurement 59

Procurement Negotiation Contract Strategic sourcing 59

Supply Chain Game Changer

AUGUST 30, 2022

I essentially lived rent-free and all the costs of ownership were covered by my roommates. Try setting up a newsletter or online course to teach people something they might be interested in. Now is the time to buy. I bought a house when I was 26 and leased out the other two rooms to friends who were getting out of college.

Cost of ownership 94

Cost of ownership Supply chain Innovation Supply 94

Una

JANUARY 9, 2023

Again, if you have performed a sound analysis of the cost savings from strong tail spend management, the value of the application should be apparent. Be sure to consider the total cost of ownership (TCO), which includes direct and indirect costs over the application’s lifecycle. Subscribe to our Newsletter.

Management 97

Management Spend management Purchasing Procurement team 97

Una

SEPTEMBER 21, 2023

Process efficiency Streamlining procurement processes and eliminating inefficiencies can reduce the time and resources required for procurement activities, contributing to cost savings. It helps procurement professionals make informed decisions that lead to long-term cost savings.

Competitive bidding 52

Competitive bidding Ethics Supply Chain Optimization Strategy 52

The Procuretech Podcast

DECEMBER 7, 2021

The move towards a total cost of ownership (TCO) strategy in many organisations has been the bedrock behind these seismic shifts. Sign up for the Procuretech Podcast Newsletter. More thought and strategy regarding which type of auction or e-sourcing event to utilise. What about using auctions for services?

Data 40

Data Cost of ownership Category management Suppliers 40

Planergy

SEPTEMBER 8, 2022

This includes things like cost per unit (CPU), the total cost of ownership (TCO), scrap/rework costs, etc. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share. This includes measures like fill rate, on-time delivery (OTD), lead time, etc.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

SCMDOJO

APRIL 3, 2022

Newsletter signup. What is Total Cost of Ownership? Introduction to Category Management. Enter your email address. Please wait. Thank you for subscribing to SCMDOJO! Supporting Content to Read & Watch. RFI Vs RFP Vs RFQ – What are The Key Differences? PURCHASING VS PROCUREMENT – KEY DIFFERENCES. What is MRO? –

Supply Chain Efficiency 138

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 138