Una

MARCH 23, 2023

Pain Points in Procurement Series Improving Time-to-Source in Procurement Improving time-to-source in procurement can lead to greater customer satisfaction, streamlined sourcing processes, and increased cost savings. How to improve time-to-source in procurement But how can we speed up time-to-source?

Sourcing 98

Sourcing Procurement Procurement team Contract 98

Procurement Tactics

APRIL 17, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. If they are selling to you unethically sourced materials, then you risk losing your credibility in striving for sustainability. Thus, you are assured that what you are purchasing from them is ethically sourced.

Sustainability 182

Sustainability Suppliers Influencing Purchasing 182

ivalua

JUNE 29, 2021

Redwood City, CA, June 30, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its source-to-pay platform with a new payments solution to digitize and streamline global supplier payments. Enabling the complete source-to-pay process within the Ivalua Platform has always been a strategic objective.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

Shapiro Negotiations Institute

APRIL 12, 2023

Introduction Negotiating is a crucial skill in both personal and professional realms. A successful negotiator is skilled at steering conversations, managing power dynamics, and arriving at mutually advantageous outcomes. One of the most critical elements of negotiation is recognizing and employing negotiation leverage.

Negotiation 40

Negotiation Influencing Strategy Leadership 40

Shapiro Negotiations Institute

APRIL 12, 2023

Introduction Negotiating is a crucial skill in both personal and professional realms. A successful negotiator is skilled at steering conversations, managing power dynamics, and arriving at mutually advantageous outcomes. One of the most critical elements of negotiation is recognizing and employing negotiation leverage.

Negotiation 52

Negotiation Influencing Strategy Leadership 52

Procurement Tactics

APRIL 6, 2023

From sustainable sourcing , production, storage, and delivery, it monitors if these processes may cause harm to the environment and society. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Is your company sourcing directly or through third parties? What are your key products and services?

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

TYA Suite

MAY 14, 2023

Procurement in any business has a direct influence on the overall savings. The procurement source-to-pay process includes steps including vendor evaluation, contracting, supplier identification, and payment for products provided. When is a source-to-pay system used by a company?

Sourcing 52

Sourcing Raw materials Purchase orders Quantity 52

Procurement Tactics

JULY 4, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings.  Menu Course Library 1.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Templates

APRIL 15, 2024

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. Negotiation Strategies: Develop negotiation strategies to achieve better terms, prices, and value from suppliers. If this 100 day plan was broken down into 10 stages , what might you want to do?

Procurement team 130

Procurement team Contract management Innovation Suppliers 130

Procurement Zen

MARCH 16, 2020

111 Negotiation Techniques - The Ultimate List (for 2020). If you want to discover the all negotiation tactics in one place, then you’ll LOVE this in depth guide. Negotiation Techniques: Anchoring, framing and reframing. For detailed explanation see this video on how to negotiate I published on YouTube. Deal Design.

Negotiation 52

Negotiation Price Import Influencing 52

Procurement Tactics

JUNE 7, 2023

Knowing the standard pricing for goods and services is crucial in initiating negotiations for new purchases. For example, external market forces like supply chain disruptions may influence pricing. In such cases, it may not be possible to negotiate prices down to meet the last purchase price (LPP) due to external market issues.

Price 130

Price Purchasing Raw materials Negotiation 130

Una

NOVEMBER 8, 2023

Pain Points in Procurement Explore a collection of resources depicting common pain points in procurement and how sourcing professionals can implement actionable solutions to overcome these challenges. Explore ways to rectify the procurement talent shortage by attracting and keeping top sourcing candidates.

Procurement 52

Procurement Supplier negotiation Influencing Negotiation 52

World of Procurement blog

APRIL 23, 2024

This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization. Sustainability and ethical sourcing are becoming increasingly important in procurement decisions, with many companies committing to environmentally friendly and socially responsible sourcing practices.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization. Sustainability and ethical sourcing are becoming increasingly important in procurement decisions, with many companies committing to environmentally friendly and socially responsible sourcing practices.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Una

NOVEMBER 1, 2023

In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Laura Scarfe. Laura is the Director of Business Academy Online, specializing in CIPS procurement training, negotiation, influencing, and emotional intelligence.

Influencing 78

Influencing Negotiation Business procurement Procurement 78

Procurement Tactics

APRIL 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Identifying Suppliers — Embracing Sustainability Identifying suppliers is crucial as they supply all the needs of every business to continue its daily operation.

Sustainability 182

Sustainability Suppliers Supply Chain Efficiency Procurement strategies 182

Procurement Tactics

APRIL 13, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Environment — Embracing Sustainability Sustainable environment is closely linked to the health of each life form living on this planet. CERTIFICATE COURSES Related courses about this subject 1.

Sustainability 195

Sustainability Raw materials Procurement strategies Negotiation 195

Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. The ongoing impact of inflation and fluctuations in materials pricing continue to have an impact, and it’s increasingly challenging to negotiate because prices are changing significantly within a short period of time.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

Procurement Tactics

JUNE 26, 2023

Additionally, the geopolitical tension between these two countries caused significant supply chain disruption as the majority of US sourcing companies withdrew their investments from China and started procuring goods from other countries such as Taiwan, Vietnam, and Australia. Thus, this explains the slow US dropshipping growth.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Procurement Templates

JUNE 18, 2023

For the most up-to-date information, I recommend referring to industry publications, company announcements, and business news sources. Build communication and negotiation skills: Effective communication and negotiation skills are vital for procurement leaders.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

Empowering CPO

DECEMBER 14, 2020

To answer this question, it is much simpler first to list down the reasons as to when a specific category should be taken up for Strategic Sourcing. This helps a procurement organization to list down its plan for the New Year and identify categories that should be taken up for sourcing. Once every year is the right frequency.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 52

SCMDOJO

AUGUST 21, 2023

In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. As TikTok and influencers gain prominence, they’re reshaping consumer behavior and marketing. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Arkestro

OCTOBER 5, 2023

Let's talk Spend under prediction % Average savings (12 month rolling) “Arkestro’s unique approach to AI and sourcing delivers robust capabilities to forecast outcomes of sourcing events before they are actually issued.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Influencing 52

Spend Matters

AUGUST 31, 2022

Categories: Analytics , Market Intelligence , Procurement , Procurement Systems & Architecture , Purchasing and Sourcing , Requisition / PO Management , Risk Performance and Compliance , Spend Analysis Tags: PRO Direct materials is a hot market for procurement solutions, and this has become even more the case since the Covid crisis.

Supply Chain Optimization 72

Supply Chain Optimization Material management Sourcing Influencing 72

Arkestro

JANUARY 23, 2024

Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. This information allows them to make informed decisions when negotiating contracts and agreements with suppliers later in the day. from 2023 to 2030.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Una

FEBRUARY 27, 2024

In episode 146 of The Sourcing Hero podcast , Kelly Barner interviewed A’Keela Johnson , Director of IT and G&A Procurement at Molson Coors, where she is focused on strategic operations management. There is a bigger picture because we have a contract that we have negotiated. We have to tell the story. It is not just penny-pinching.

Procurement 52

Procurement Influencing Negotiation Contract 52

Spend Matters

APRIL 4, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. Not all implementations are the same, however.

Procurement 79

Procurement Risk management Raw materials supply chain software solutions 79

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Procurement 99

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 99

Supply Chain Game Changer

NOVEMBER 8, 2022

Regardless, one of the functions that plays a preeminent role in terms of influencing time to market is Supply Chain. With the design of any product or service it is necessary to establish viable and reliable sources of supply. In still other cases it will influence offshoring vs onshoring sourcing decisions.

Supply Chain Efficiency 114

Supply Chain Efficiency Supply chain Order Fulfillment Supply 114

Una

JULY 11, 2023

They are the indispensable superpowers that elevate Sourcing Heroes beyond their technical prowess. Empathy and effective communication, along with strong critical thinking and negotiation skills, will give procurement practitioners a competitive edge when it comes to advancing their careers.

Procurement 40

Procurement Negotiation Influencing Collaboration 40

World of Procurement blog

APRIL 23, 2024

Cost Savings Tracks the reduction in costs achieved by negotiating better terms, consolidating purchases, or finding more cost-effective suppliers. Percent of Sustainable Procurements Records what percentage of procurements meet the company’s sustainability or ESG criteria, reflecting an organization’s commitment to responsible sourcing.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

World of Procurement blog

APRIL 23, 2024

Cost Savings Tracks the reduction in costs achieved by negotiating better terms, consolidating purchases, or finding more cost-effective suppliers. Percent of Sustainable Procurements Records what percentage of procurements meet the company’s sustainability or ESG criteria, reflecting an organization’s commitment to responsible sourcing.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

The Procuretech Podcast

SEPTEMBER 8, 2020

E-sourcing tools have been around since the late 1990s, and have been pretty mainstream for the past 15 or so years (I used them myself way back in 2003)! One of these concentrates on simplifying, shortening and using game theory to influence the outcome of sourcing activities.

Bidding 40

Bidding Sourcing Budget Innovation 40

Situation Management Systems

FEBRUARY 2, 2022

In the Positive Power and Influence® Program, we talk to participants about their sources of energy. We state that there are 4 sources of energy: mental, physical, emotional, and spiritual. It is through this energy that you impact others. Can you quickly bring up correct answers and a rationale that makes Read the full article.

Management 52

Management Negotiation Influencing Leadership 52

Arkestro

APRIL 9, 2024

Operational Efficacy : Users can run three times as many events, tripling their market influence and prowess. This diagram from our Electronic Third-party Negotiation Automation System and Tool, demonstrates several phases of the cost estimation round. Optimized Processing : Streamlining the negotiation rounds for efficiency.

Procurement 52

Procurement Negotiation Innovation Procurement strategies 52

Procurement Templates

JUNE 18, 2023

They may use various monetary and fiscal policies, such as adjusting interest rates, implementing open market operations, or controlling government spending, to influence inflation levels. This can help in negotiating better prices and mitigating the impact of inflation from a particular supplier.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130