Procurement Tactics

MAY 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. Why Are They Important?

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Tactics

JULY 17, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. Contract Management: What is it?

Contract management 189

Contract management Contract Management Negotiation 189

SCMDOJO

JANUARY 9, 2025

Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Spend Matters

APRIL 29, 2025

This article serves as the executive summary of a six-part series built for finance and procurement leaders aiming to strengthen their organizations cash flow management and liquidity position. Cash flow management is no longer an isolated finance function, it requires end-to-end coordination across teams and systems.

Real-time Visibility 96

Real-time Visibility e2e Procurement Management 96

Procurement Tactics

JULY 19, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. In this article, we will discuss what warehouse management is.

Supply Chain Optimization 170

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 170

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 Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. What is Inventory Management?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Procurement Tactics

MARCH 16, 2023

So without further ado, let us now delve into strategic procurement. What is Strategic Procurement? Strategic procurement is a crucial aspect for businesses across the globe as every organization wants to create an effective procurement strategy to ensure success and maximize value contribution.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Skill Dynamics

JULY 19, 2024

Let’s take a look at how you can develop and implement your procurement strategy roadmap from start to finish and address key challenges you may face along the way, as well as save costs and mitigate risk. While this is a welcome shift in global procurement strategy, it’s forcing companies to adapt their procurement strategy roadmaps.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Spend Matters

JUNE 3, 2025

Key joint performance indicators (KPIs) for cash flow management Days Payable Outstanding (DPO) vs. Supplier Relationship metrics. Percentage of spend under management. Measures the procurement spend controlled through approved contracts, ensuring compliance and cost efficiency. Cash availability for strategic investments.

Real-time Visibility 99

Real-time Visibility Sustainability Procurement Procurement strategies 99

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software? Updated Aug 2022.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

OCTOBER 13, 2022

Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. However, not many people know their real role in procurement. . In this article, we will discuss what a strategic sourcing manager is.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Spend Matters

MARCH 11, 2024

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.

Procurement strategies 113

Procurement strategies Innovation Strategy Procurement 113

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. Supplier Order Management Software: What it is?

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

JANUARY 23, 2023

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient.

Real-time Visibility 202

Real-time Visibility Management Supply Chain Efficiency supply chain budgeting 202

Procurement Tactics

DECEMBER 6, 2022

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. We will tell you the challenges and benefits of spending management. What is Spend Management?

Spend management 172

Spend management Management Real-time Visibility Budget 172

Procurement Tactics

OCTOBER 6, 2022

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? . RFP in Project Management. Know the goal of the project.

Project management 180

Project management Management Bidding Buyers 180

Procurement Insights

MAY 14, 2025

Analyst Backgrounds Analyst Primary Focus Pieter den Hamer AI strategy, maturity models, governance, and enterprise-scale AI roadmaps. Hansen Procurement strategy, digital transformation, supplier management, sourcing, and ProcureTech evaluation. His focus on relationships also supports manageable supplier interactions.

Supply Chain Optimization 72

Supply Chain Optimization Contract Supplier relationship management Procurement strategies 72

Skill Dynamics

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. Procurement professionals focus on sourcing goods and services, negotiating with suppliers, and managing contracts.

Supply chain management 52

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

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate.

Supply Chain Optimization 54

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 54

Let's Talk Supply Chain

APRIL 28, 2025

Gathered around a table laden with insights and expertise, industry leaders recently convened at the institute for Supply Management to delve into the latest hot topics shaping the world of supply chain management.From procurement strategies to risk mitigation, the roundtable discussion was a lively exchange of ideas and perspectives.

Supply Chain Efficiency 52

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

Spend Matters

MAY 6, 2025

In the Executive Summary to this use case series on aligning finance and procurement for cash flow optimization and liquidity we examined five phases that help organizations break down silos, align priorities and build the operational and technological capabilities needed to manage cash more effectively.

Supply Chain Optimization 83

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 83

Spend Matters

MAY 22, 2025

Back to the benefits Jol Collin-Demers created a helpful list of questions to help you illustrate the benefits to theCFO: How will the Procurement strategy help the business achieve its overall objectives? How does this system enable the overall Procurement strategy? Reorganizations, new leaders, etc.

Purchasing 77

Purchasing Procurement strategies Supply Chain Efficiency Risk 77

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 116

Management Procurement Contract management Supply Chain Optimization 116

Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. While these two may seem similar, they serve different purposes and are used at various stages of the procurement process.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

SCMDOJO

OCTOBER 30, 2024

This blog explores how MTSS platforms can be strategically utilized to build the competencies necessary for success in supply chain management. For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? It empowers organizations to simplify the procurement process, enhance productivity, and reduce expenses.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

Spend Matters

APRIL 15, 2025

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Tactics

APRIL 20, 2023

What is Sustainable Procurement? Sustainable procurement refers to the acquisition of goods or services that have less environmental and social impacts. In sustainable procurement, procurement managers should be aware of how their purchases can negatively impact the environment and society.

Sustainability 204

Sustainability Procurement strategies Negotiation Procurement 204

Procurement Tactics

MAY 22, 2023

Integrated logistics, also known as integrated supply chain management, refers to the coordinated and seamless management of all the activities involved in the movement and storage of goods and materials. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Procurement Tactics

MAY 23, 2023

The bullwhip effect is a phenomenon that occurs in supply chain management where small fluctuations in demand can result in large variations in supply chain activities, such as inventory levels, production schedules, and transportation. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

supply chain software solutions 212

supply chain software solutions Supply chain Supply Inventory 212

Procurement Tactics

AUGUST 10, 2022

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. . What is Invoice Management? ENROLL NOW.

Management 130

Management Suppliers Import Negotiation 130

Skill Dynamics

JANUARY 14, 2025

They can improve performance, lead to stronger strategic alignment, and enhance the career development opportunities for your procurement staff. A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

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