Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

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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

SCMDOJO

MARCH 28, 2023

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

Supply Chain Efficiency 108

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Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

Logistics 207

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

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.

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supply chain software solutions Suppliers Management Real-time Visibility 134

The Procuretech Podcast

MARCH 12, 2024

How to get a budget for procurement tech This episode delves into the evolving procurement technology market, highlighting a trend towards niche solutions tailored to specific industries and geographies, driven by the unique procurement needs across sectors and regions. 00:23:15] Supply chain disruption and risk. [00:27:30-00:27:40]

supply chain budgeting 40

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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

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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 AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. Do you want to improve inventory management, or optimize routes?

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Let's Talk Supply Chain

DECEMBER 28, 2023

As the year draws to a close, we can look back on all the progress women in supply chain made this year and the powerful gains ahead. 2023 marks the year women in supply chain returned to the post-pandemic workforce in full force. Let’s Talk Supply Chain is committed to closing the remaining gender gap.

supply chain budgeting 105

supply chain budgeting Supply chain Supply Leadership 105

Una

JULY 12, 2023

EPISODE 123 Healing Healthcare Supply Chains with Luká Yancopoulos By Kelly Barner | July 12, 2023 Many supply chains deal with pain points. Unlike other industries, however, healthcare deals with sourcing and procurement pain points that bring actual pain.

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supply chain budgeting Supply Chain Efficiency Supply chain Supply 52

Procurement Tactics

JULY 4, 2023

The model is also used to compare the actual cost of production to the estimated cost and to identify areas where costs can be reduced. 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.

Raw materials 209

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Una

JUNE 29, 2023

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. Supply Chain Strategies The same can be said for the similar amount of diversity found in the world of supply chain management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

Procurement Tactics

JULY 2, 2023

When it comes to procurement, a job order is created to initiate and manage the procurement process. Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. A clear budget 4. Softwares Available for Creating and Managing Job Orders 1.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Let's Talk Supply Chain

MAY 16, 2024

Supply Chain is no stranger to change, challenges, and yes, general chaos, but this year has been its own kind of animal charged by a strained global economy, shifting tensions across continents, and a major presidential election that could have resounding impacts across business and commerce this coming fall.

Agile and Lean Supply Chain 96

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Let's Talk Supply Chain

NOVEMBER 30, 2023

Women in supply chain are gaining momentum in narrowing the gender gap. They now make up 41% of the supply chain workforce, an almost 40% increase from the year prior. Post-pandemic dynamics and more awareness of supply chains are empowering progress in what was once an overwhelmingly male-dominated industry.

Agile and Lean Supply Chain 52

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Procurement Tactics

NOVEMBER 28, 2022

Or receive our famous weekly newsletter. Cost Effectiveness Vs Cost Efficiency — Everything A Procurement You Should Know. Cost-effectiveness and cost-efficiency are often used interchangeably by many people. While being cost-efficient means doing things right. . Or receive our famous weekly newsletter.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Inventory Budget 130

Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. It enables managers and businesses to minimize costs, prevent and mitigate risks, and essentially identify issues and problems early on in the procurement process. What is Procurement Tracking?

Supply Chain Efficiency 178

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

Una

OCTOBER 26, 2023

What Skills Does an ESG Procurement Manager Need? Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. Why is demand for ESG procurement managers growing? Improving ESG can also avoid costs stemming from reputational damage and legal liabilities.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Procurement Tactics

JANUARY 8, 2023

Or receive our famous weekly newsletter. It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Or receive our famous weekly newsletter.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Let's Talk Supply Chain

OCTOBER 27, 2023

The number of women in supply chain is still rising, increasing 3 to 5% annually, now making up 41% of the industry. This decade has brought a greater understanding and awareness of how supply chains impact communities globally. The recently overwhelmingly male-dominated industry is shifting and evolving.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 52

Procurement Tactics

AUGUST 25, 2022

Or receive our famous weekly newsletter. Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . Trillion budget. . First Name. Download Free PDF.

Procurement 231

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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. 51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! However, what is it?

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

Let's Talk Supply Chain

JANUARY 18, 2024

It’s a new year, and there are reasons to suggest that 2024 might be a departure from the fresh chaos that has hallmarked supply chain since the 2020’s started, or at least a de-escalation. Over the last few years, supply chain professionals have navigated an endless array of challenges.

Logistics 105

Logistics Agile and Lean Supply Chain supply chain budgeting Supply chain 105

Una

APRIL 15, 2024

By Hugo Britt | April 16, 2024 Search Search Part of your job as a procurement professional is to ensure a stable and reliable supply chain. These risks include: Disrupted Supply Chain: Financial instability can lead to production delays, shortages, or even a complete halt in the supply of critical goods and services.

Suppliers 52

Suppliers supply chain budgeting Quality Risk 52

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

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

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Procurement Tactics

NOVEMBER 10, 2022

Or receive our famous weekly newsletter. Thus, supporting the United Kingdom’s plan or interest in using net-zero technologies in the supply chain. . Or receive our famous weekly newsletter. The UKEF continued to put their export finance managers at the center of the “Exporter’s Edge” campaign from 2021 to 2022.

Export 168

Export supply chain budgeting Procurement Budget 168

IBM Supply Chain Blog

APRIL 25, 2024

It should not be confused with business process management (BPM) , a more incremental approach to optimizing processes, or business process improvement (BPI), a broader term that encompasses any systematic effort to improve current processes. BPR involves business process redesign that challenges norms and methods within an organization.

Supply Chain Efficiency 61

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 61

Planergy

AUGUST 16, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Development: What It Is, And How To Manage It. Best Practices & Tips Supplier Performance Supplier Relationship Management. Download Free Copy. Written by. Rob Biedron. 15 min read. Download PDF.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Una

JUNE 1, 2023

By strategically managing the acquisition of goods and services, they have the power to optimize costs, enhance operational efficiency , and boost overall profitability. From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter ESG in Procurement — Embracing Sustainability ESG in procurement is continuously integrated by many businesses to foster sustainability in their processes. However, what is it?

Sustainability 130

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 130

The Procuretech Podcast

OCTOBER 3, 2022

In this episode, we're going to extend that a little bit and talk about supply chain. Democratising Supply Chain Training - Dr. Muddassir Ahmed from SCM Dojo . Today's guest is a big personality in the supply chain space: Dr. Muddassir Ahmed, CEO of SCM Dojo. . He then moved to the UK for a PhD scholarship.

supply chain software solutions 40

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Procurement Tactics

JULY 13, 2022

Or receive our famous weekly newsletter. The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. This will allow you to give importance to these functions that will keep your supply chain sustainable. Download Free PDF. Procurement Today. Utilizing technology.

Procurement 130

Procurement supply chain budgeting Negotiation Contract 130

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 Warehouse Automation — Transforming Warehousing Warehouse automation helps businesses to increase productivity and accuracy in their warehouses. However, what is it?

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Procurement Tactics

APRIL 19, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Goals in Procurement —Embracing Sustainability Sustainable goals in procurement help it to stay on track with its sustainability objectives in its activities. However, what are these goals?

Sustainability 165

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 165

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations. What is Kaizen?

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

Una

APRIL 18, 2023

This will only make matters worse, as a supplier bankruptcy will disrupt your supply chain. Consolidating suppliers during a recession can provide immediate cost savings, but having all your eggs in one basket carries risk. Focus on cost-saving initiatives The challenge is to find ways to cut costs without sacrificing quality.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98