World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Direct procurement focuses on sourcing, negotiating, and managing the materials needed for production.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

DECEMBER 14, 2023

Team Dynamics: Comprises a team of experts, providing a collaborative approach to sourcing solutions. Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO!

Sourcing 74

Sourcing Supply Chain Efficiency Supply Chain Optimization Negotiation 74

World of Procurement blog

APRIL 23, 2024

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Sourcing : Choosing suppliers that provide the goods and services needed to create the product.

Supply chain management 52

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

World of Procurement blog

APRIL 23, 2024

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Sourcing : Choosing suppliers that provide the goods and services needed to create the product.

Supply chain management 52

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

SCMDOJO

NOVEMBER 2, 2023

Expertise: Strategic sourcing and contract creation, procurement, supply chain management, interim supply chain project management, cost reduction, contract management, and commodity management are areas of expertise. She has deep knowledge of procurement, sourcing, vendor management and category management in different categories.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Supply chain management 70

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 70

Empowering CPO

JUNE 20, 2023

It’s a strategic pillar that underpins effective procurement and sourcing, providing an insightful lens through which organizations can view their spending patterns. Spend analysis plays a vital role in procurement and strategic sourcing. Often lower, due to its perceived non-strategic nature.

Supplier consolidation 40

Supplier consolidation Negotiation Suppliers Procurement strategies 40