Procurement Tactics

APRIL 6, 2023

Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain high profitability while moving toward sustainability How to Adopt Sustainability in Supply Chain? CERTIFICATE COURSES Related courses about this subject 1.

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

Procurement Tactics

APRIL 24, 2023

Thus, they help achieve sustainability by reducing your purchasing impacts through your supply chain and procurement. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Suppliers play an essential role in sustainability.

Sustainability 182

Sustainability Suppliers Supply Chain Efficiency Procurement strategies 182

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a crucial role in the operational efficiency and sustainability of a business. From managing supplier relationships to ensuring cost-effective purchasing, the performance of the procurement function can significantly impact a company's bottom line and reputation.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a crucial role in the operational efficiency and sustainability of a business. From managing supplier relationships to ensuring cost-effective purchasing, the performance of the procurement function can significantly impact a company's bottom line and reputation.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

Procurement Tactics

JULY 4, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.  Menu Course Library 1.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Tactics

JUNE 26, 2023

Influencers and reality shows such as movies and music videos influence the population’s buying attitude towards fashion goods. You can see it in the runway and galas elegantly hanging on celebrities and influencers necks elevating their outfits. However, digital media promotion can make up for this gap.

Suppliers 146

Suppliers Price Negotiation Purchasing 146

Arkestro

FEBRUARY 20, 2024

How does Predictive Procurement Orchestration Work? Predictive procurement is a modern approach to supply chain management that leverages data analytics , machine learning, and game theory to forecast and optimize purchasing activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

Skill Dynamics

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

Una

MARCH 14, 2023

Characteristics of a Procurement Intrapreneur Discover the characteristics of a procurement intrapreneur, and explore why intrapreneurship and group purchasing go so well together. By Hugo Britt | March 14, 2023 Search Since Una launched nearly 10 years ago, we’ve had conversations with every type of procurement professional.

Procurement 97

Procurement Purchasing Innovation Risk 97

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Management 96

Management Procurement Contract management Supply Chain Optimization 96

Pipefy

DECEMBER 20, 2023

What is strategic procurement? Strategic procurement, or procurement strategic planning, is a process that aligns procurement strategy with business goals so as to yield business benefits through procurement.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Procurement Tactics

AUGUST 29, 2022

Robert Cialdini spent his career researching the science of influence, earning him an international reputation as an expert in the fields of compliance, persuasion, and negotiation. . He is also the author of the bestselling book, “Influence: The Psychology of Persuasion”, which is one of the 12 best business books of all time.

Negotiation 130

Negotiation Influencing Strategy Leadership 130

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

OCTOBER 12, 2023

The terms sound similar enough but understanding the nuances of each approach is crucial for any procurement professional. Depending on the situation, each concept could significantly impact a company’s bottom line, affect the supply chain’s resiliency, and influence overall strategic objectives.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Procurement Tactics

SEPTEMBER 16, 2022

If so, how can it influence the procurement policy? Does the company’s higher management support the idea of a sustainable procurement policy? In building an action plan, you must evaluate each purchasing category based on the defined criteria and classify your purchasing strategies. Innovation.

Sustainability 130

Sustainability Procurement Supply Chain Efficiency Purchasing 130

Una

MARCH 30, 2023

In episode 100 of The Sourcing Hero podcast, our host Kelly Barner reels off a list of not-so-flattering nicknames for procurement she’s encountered that would make any purchasing professional wince. Two that really stood out were “ bean-counters ” and “ penny-pinchers ”. C ontact us to discuss how a GPO can help you meet your goals.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Una

NOVEMBER 13, 2023

It has a bigger production capacity, wider distribution networks, and massive market influence. Unlock the GPO advantage Join a group purchasing organization (GPO) like Una. By pooling your purchasing power with other businesses, you instantly become a part of a larger force. This supplier has resources on steroids.

Negotiation 52

Negotiation Purchasing Price Suppliers 52

Una

JUNE 1, 2023

As a procurement specialist, you’ll be at the forefront of critical decision-making processes, collaborating with stakeholders, analyzing market trends, and designing procurement strategies that align with business objectives.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

Arkestro

DECEMBER 12, 2023

A McKinsey survey found that 79% of shoppers are “trading down” this season, meaning they’re swapping purchases for cheaper alternatives or avoiding spending completely. Improve Your Holiday Procurement Strategy with PPO The holidays are a critical time for retailers.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 52

Una

NOVEMBER 30, 2022

Prioritizing a digital procurement strategy to gain competitive advantage. In June 2022, a ProcureTech survey of 170 global procurement leaders revealed 90 percent believed the digital transformation of their procurement processes would be THE top priority within the next three years. The Future of Procurement.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Each stakeholder’s role and responsibilities within the organization will influence their view on spending, and this may create differences in opinions, objectives, and priorities. Therefore, it is crucial to understand the different perspectives of key stakeholders to develop a comprehensive and effective spend management strategy.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Procurement Tactics

JUNE 30, 2023

eCommerce The convenience and availability of e-commerce platforms greatly influenced the increasing appliance parts demand. Thus, consumers can conveniently browse and purchase the specific parts they need from the comfort of their homes. Top 9 US Appliance Parts Suppliers Study Procurement Study Negotiations 1.

Price 183

Price Suppliers Negotiation Quality 183

Empowering CPO

MAY 15, 2023

Procurement is not just a corporate department; it is a critical business function that has the potential to influence an organization’s profitability, operational efficiency, and strategic success. At its core, procurement is about acquiring the goods and services a company needs to fulfill its business model.

Procurement 52

Procurement Innovation Quality Real-time Visibility 52

Una

MARCH 23, 2023

From a stakeholder’s perspective, procurement can seem sloth-like in the time it takes to complete what appears to be a simple purchase request. Slow time-to-source can lead to frustrated stakeholders, impacted business objectives, and can contribute to procurement’s reputation for inflexibility and bureaucratic behavior.

Sourcing 98

Sourcing Procurement Procurement team Contract 98

Procurement Tactics

SEPTEMBER 15, 2022

Sustainable Purchasing — The Ultimate Guide. Sustainable purchasing might be a term that many people are not familiar with. However, this kind of purchasing is important, especially in the supply chain. . In this article, we will talk about what sustainable purchasing is. What is Sustainable Purchasing?

Purchasing 130

Purchasing Sustainability Cost of ownership Supply Chain Efficiency 130

Una

OCTOBER 26, 2023

Managing ESG Procurement will mean you can make a truly positive social and environmental impact by influencing procurement decisions that reduce environmental harm, promote fair labor practices, and uphold ethical governance. Looking to improve procurement, ESG and beyond?

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Una

NOVEMBER 1, 2022

These “back-office” workers were seen primarily as clerical support, entering and tracking purchase orders and researching suppliers. And, like Milton, management assumed procurement people were happily left alone in dank office spaces, content having their red staplers by their side. Do you have questions about group purchasing?

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Una

JUNE 1, 2023

As a procurement specialist, you’ll be at the forefront of critical decision-making processes, collaborating with stakeholders, analyzing market trends, and designing procurement strategies that align with business objectives.

Procurement 52

Procurement supply chain budgeting Sustainability Negotiation 52

Future Purchasing

NOVEMBER 18, 2021

Part of their role is to challenge the business norms and explore new opportunities to add value by bringing external insight, third-party innovation and procurement excellence to evolve functional strategies into focused procurement strategies that can be implemented. Do you bring insight to the business table?

Stakeholder engagement 52

Stakeholder engagement Procurement Procurement team Influencing 52

Procurement Tactics

NOVEMBER 14, 2022

Launching an RFI extends the purchasing process as companies need to factor in the time to assess the RFIs. The RFP procurement process limits the interaction between you and the suppliers prior to their submissions and any vendor is allowed to submit a proposal. Thus, they may not put too much effort into their response.

Bidding 178

Bidding Suppliers Procurement Influencing 178

Value Match

DECEMBER 22, 2022

Procurement Best Practice. Procurement Policy Notes. Procurement Strategy. As procurement professionals, it’s important for us to not only focus on cost savings and efficiency, but also on the social and environmental impacts of our purchasing decisions. House of Commons Committee of Public Accounts.

Ethics 52

Ethics Sustainability Supply Chain Efficiency Risk 52

Una

AUGUST 21, 2023

With no stakeholder needs to account for, no s upplier relationships to manage, and no mavericks to chase, procurement professionals could simply establish a plan and trust that it will play out as expected. The human factor in strategic sourcing refers to the influence of human behavior within the sourcing process.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Ethics 52

Procurement Software

APRIL 23, 2024

Mithra-AI’s innovative approach was recognised in 2023 when Spend Matters included them in their Future 5 list, highlighting the startup as one of the top five global innovative procurement startups. This accolade underscores their significant potential to influence the future of procurement technology.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

Planergy

DECEMBER 29, 2022

That means working with agile partners, which most standard procurement strategies don’t account for. Marketing leaders must always be on the cutting edge, deeply understanding platforms, tools, new technologies, and options like influencer marketing. Use PLANERGY to manage purchasing and accounts payable.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Procurement Tactics

JANUARY 4, 2023

Knowing that information in time can help you as the buyer identify potential risks with the product and reevaluate your decision for a purchase order. Knowing about certain issues at the early stages in procurement may help you in negotiating the right conditions for the deal. Legal, financial, and cybersecurity due diligence.

Procurement 195

Procurement Contract Negotiation Quality 195