Procurement Tactics

DECEMBER 6, 2022

Or receive our famous weekly newsletter. Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. What is Spend Management?

Spend management 172

Spend management Management Real-time Visibility Budget 172

Procurement Tactics

OCTOBER 6, 2022

Or receive our famous weekly newsletter. RFP in Project Management — Everything You Should Know. RFP in project management is an important part of the procurement process as it gives you relief once you finally submitted the finished proposal. However, how do you manage your RFPs in your company? .

Project management 180

Project management Management Bidding Buyers 180

Una

JANUARY 3, 2023

The Importance of Standardizing Carbon Reporting with Saleh ElHattab. That passion is important, but it needs to be supported by quantitative standards. Episode 96: The Importance of Standardizing Carbon Reporting with Saleh ElHattab. Subscribe to our Newsletter. EPISODE 96. By Kelly Barner | January 4, 2023. Highlights.

Import 98

Import Sustainability Sourcing Supply chain 98

Procurement Tactics

OCTOBER 13, 2022

Or receive our famous weekly newsletter. Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is. What is a Strategic Sourcing Manager?

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Procurement Tactics

AUGUST 16, 2022

Or receive our famous weekly newsletter. Supplier Management — The Ultimate Guide of 2022. Supplier management is crucial for organizations that have many vendors or suppliers. They need to manage their supplier to maintain the relationship that they have built. What is Supplier Management? Why is it Important?

Suppliers 130

Suppliers Supply Chain Efficiency Management Supplier relationship management 130

Procurement Tactics

AUGUST 10, 2022

Or receive our famous weekly newsletter. Invoice Management — Everything You Should Know. In the past, the process of invoice management was slow. For this article, we will discuss what invoice management is all about. Additionally, we will tell you some of the best practices for the invoice management process. .

Management 130

Management Suppliers Import 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 Leaders

MAY 7, 2024

Not surprisingly – and probably as a result – it’s an important focus point for investment. Every year we seek input from the community on important areas for CPOs and it provides a key benchmark of where organisations are planning to place their bets and make investments for the year ahead. The remainder said they had poor visibility.

Strategic planning 236

Strategic planning Suppliers Supply chain Risk 236

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.

Vendor management 130

Vendor management Management e2e Negotiation 130

Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

Procurement Leaders

MAY 2, 2024

We spoke a lot about value creation, about supplier relationship management and about how he was structuring his team with that purpose in mind. And it’s the reason why he shared that fewer than 20 suppliers were embedded formally into the company’s supplier relationship management (SRM) programme. No mention of innovation.

Supplier relationship management 130

Supplier relationship management Risk management Sustainability Leadership 130

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

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? What managers think they want.

Procurement team 130

Procurement team Management Procurement Innovation 130

Finale Inventory

JANUARY 15, 2024

Did you know that by effectively managing stock, businesses can achieve a significant 10% reduction in inventory costs ? In the ecommerce industry, where decisions can make a huge impact on profits, it’s essential to have streamlined inventory management.

Inventory 52

Inventory Management Demand Strategy 52

Procurement Tactics

NOVEMBER 14, 2022

Or receive our famous weekly newsletter. We will also tackle retail supply chain management and its importance. Additionally, we will give you an example of a retail supply chain and how to improve your retail supply chain management amidst the challenges. . What is Retail Supply Chain Management?

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Procurement Tactics

MAY 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Bullwhip Effect — Everything About Supply Chain Bullwhip effect can disrupt your supply chain and you must consider yourself lucky if you still have not experienced this. However, what is it?

supply chain software solutions 212

supply chain software solutions Supply chain Supply Inventory 212

Procurement Leaders

APRIL 8, 2024

What was evident from the discussions in the room is everyone understands the importance and the potential of AI. Data management was another obstacle identified by attendees in Miami, with 37% of respondents saying this, above anything else, was holding back AI implementation. If you haven’t booked yet, the only question is: Why not?

Budget 130

Budget Data Procurement Management 130

Procurement Tactics

NOVEMBER 29, 2022

Or receive our famous weekly newsletter. We will tell you about MRO purchasing and MRO inventory management. Even though MRO is traditionally focused on managing the indirect spend, it gained increased attention as businesses continue to look for ways to reduce costs. . 33 Procurement Interview Questions in 2022.

Procurement 168

Procurement Inventory Purchasing Procurement strategies 168

Procurement Leaders

FEBRUARY 6, 2024

Our members are on the frontline when it comes to preparing for and managing the impact of such events, with one CPO sharing how diverting supplies from the Red Sea is adding two to three weeks to shipping times – which is having a significant effect on costs. What do we mean by a trusted relationship?

Supply Chain Efficiency 130

Supply Chain Efficiency Risk Suppliers Contract 130

Procurement Tactics

NOVEMBER 23, 2022

Or receive our famous weekly newsletter. We will tell you the importance of corporate social responsibility within sustainable procurement. It includes easy access to capital and markets, increased profits, improved brand image, gaining more customers, and better decision-making and risk management processes. .

Procurement 206

Procurement Ethics Sustainability Supply Chain Efficiency 206

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. What is Financial Supply Chain Management? Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2022.

Supply Chain Efficiency 181

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

Una

APRIL 18, 2023

Mark is an experienced procurement leader with a broad area of focus including sourcing, supply management, contracts management, supplier relationship management, risk management, and inventory management. .” In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Trowbridge.

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

Planergy

JULY 18, 2023

How better management in AP can give you better flexibility for cash flow management. Small businesses need proper working capital management to finance day-to-day operations. Let’s dig into what working capital is, how it can be calculated, and why it’s important. How AP can improve relationships with your key suppliers.

Import 52

Import supply chain budgeting Inventory Budget 52

The Procuretech Podcast

JUNE 20, 2023

In this episode of The Procuretech Podcast, host James Meads is joined again by Ward Karson, Chief Operating Officer of Raindrop – an enterprise spend management suite based in California. Raindrop as a full suite enterprise spend management solution. 22:05 How important are analyst reports to the wider market? Stay in touch!

Import 40

Import Spend management Contract Procurement 40

Procurement Tactics

NOVEMBER 14, 2022

Or receive our famous weekly newsletter. A Request for information (RFI) is a method of gathering information from multiple suppliers before the procurement manager starts to source products or services. . Once the data has been collated, the procurement manager will assess and start discussing with the suppliers. Advantages.

Bidding 178

Bidding Suppliers Procurement Influencing 178

Procurement Leaders

APRIL 15, 2024

In his latest book, Momentum, Kjell Nordstrum, author of the seminal management book Funky Business and a speaker at our upcoming CPO retreat Ovation in Maastricht this July, explores the forces that are driving change at multinational companies today.

Supply 130

Supply Sustainability Supply chain Demand 130

Procurement Tactics

DECEMBER 19, 2022

Or receive our famous weekly newsletter. You have to find the capital, manage employees, and keep track of profits. This can help you manage potential problems in the future such as legal and financial disputes. Discuss how you will use the capital and manage any debts concerning the business. Download Whitepaper →. .

Negotiation 177

Negotiation Inventory Import Procurement 177

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter RFP Evaluation Criteria Best Practices RFP evaluation criteria best practices are ways you can do to make your RFP process to be efficient, consistent, and transparent. However, what are these best practices?

Bidding 212

Bidding Budget Negotiation Quality 212

Una

APRIL 3, 2024

Grant is the President of Procurigence, a managed travel consulting and conference resource firm specializing in optimizing spend. He is a relationship driven professional who finds a natural fit in a role that requires calm heads and an emphasis on hospitality. Grant Caplan appeared first on Una.

Budget 69

Budget Logistics Sourcing Management 69

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 Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain. Why is it Important? However, what is it?

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

Procurement Tactics

JULY 21, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Inventory Reconciliation — Everything You Should Know Inventory reconciliation allows companies to know the difference in their stocks between their records and in their warehouses. Why is it Important?

Inventory 207

Inventory Negotiation Import Procurement strategies 207

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? However, What is it?

supply chain budgeting 192

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

Procurement Tactics

APRIL 20, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. This article will discuss what sustainable procurement and community are.

Sustainability 204

Sustainability Procurement strategies Negotiation Procurement 204

Procurement Tactics

JUNE 22, 2023

A business expert or a procurement manager can know the difference between a sales order and a purchase order, but these two documents are the same for many others. That’s why for today, we will explore the differences between the sales order and purchase order and highlight some software commonly used to manage these orders.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Procurement Tactics

MAY 31, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands. We will tell you the importance and the two main types of inventory control systems.

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

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

Una

MAY 8, 2024

EPISODE 164 Aligning Procurement and Legal Operations with Lisa Haitz By Kelly Barner | May 8, 2024 Procurement’s relationship with legal is one of the most important they have.

Procurement 64

Procurement Strategic sourcing Strategic sourcing Contract management 64