World of Procurement blog

APRIL 23, 2024

In this blog, we're diving deep into the realm of procurement strategy—discussing its importance, how to craft an effective plan, communicate it within your firm, measure its success, and understand different procurement methodologies, including agile procurement.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Una

FEBRUARY 20, 2023

Elements of a Diversified Procurement Strategy A diversified procurement strategy will utilize both traditional and nontraditional methods of sourcing to drive cost savings and value. This includes implementing aspects of a traditional procurement strategy and adding in some unconventional means to get desirable results.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

IBM Supply Chain Blog

DECEMBER 13, 2023

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

Procurement strategies 71

Procurement strategies Strategy Procurement Supply Chain Efficiency 71

Procurement Tactics

AUGUST 29, 2022

Negotiation Speaker 2022 – 10 Most Popular Experts. Many negotiation professionals attend seminars and conferences to be uplifted and learn new things in their profession through negotiation speakers. 10 Most Popular negotiation Speakers of 2022. 10 Most Popular negotiation Speakers of 2022. Lousin Mehrabi.

Negotiation 130

Negotiation Influencing Strategy Leadership 130

Positive Purchasing

FEBRUARY 7, 2024

We are delighted to be sponsoring Procurement Strategies & Innovation (PSI) on 5 March 2024! Formerly known as eWorld Procurement & Supply, this is the UK’s technology showcase for procurement professionals.

Procurement strategies 52

Procurement strategies Innovation Strategy Procurement 52

Barkers Procurement

APRIL 11, 2024

In this thought leadership piece, IT Procurement expert, Mark Elkington reveals top tips on how to negotiate an IT service contract successfully. Set a clear negotiating strategy Fixing a negotiating strategy and agreeing this internally is essential before the first contract negotiation meeting with the vendor takes place.

Negotiation 52

Negotiation Contract Supplier relationship management Suppliers 52

Una

JULY 19, 2022

3 Reasons to Develop a Comprehensive Procurement Strategy. Because of this, it isn’t necessarily wise to approach procurement with a one-size-fits-all mentality. Benefits of building a comprehensive procurement strategy. Elements of a comprehensive procurement strategy.

Procurement strategies 98

Procurement strategies Strategy Procurement Supplier relationship management 98

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

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. The following are common types of negotiation in procurement: 1.

Supplier negotiation 90

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 90

Una

MARCH 8, 2023

Pain Points in Procurement Series When Supplier Negotiations Come to a Standstill What to do when supplier negotiations appear to be at an impasse, why negotiations break down, and how to up your chances for success. By Hugo Britt | March 9, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Supplier negotiation 97

Supplier negotiation Negotiation Suppliers Buyers 97

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

JULY 21, 2023

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

Negotiation 177

Negotiation Procurement strategies Sustainability Procurement 177

Una

NOVEMBER 13, 2023

How to Negotiate in a Power Imbalance Strategies you can use to negotiate in a power imbalance and level the playing field in a way that leads to win-win outcomes for everyone involved. Reasons for an imbalance You’re a small business owner or head of procurement for a small company. Be flexible. Be creative!

Negotiation 52

Negotiation Purchasing Price Suppliers 52

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. By implementing the right strategies, CFOs can reduce costs while still maintaining high quality standards. You would like to work effectively together, but where do you even get started?

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

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.

Management 178

Management supply chain budgeting Procurement Negotiation 178

Barkers Procurement

MARCH 14, 2023

As well as benefiting from the digital tools the consultant has at their disposal (and which they may place at yours too), the consultancy can lend a major boost to your procurement strategy. From there, your team, business or department can make decisions and work with your consultants to devise a solid procurement strategy.

Procurement strategies 59

Procurement strategies Strategy Procurement Suppliers 59

Barkers Procurement

MARCH 14, 2023

As well as benefiting from the digital tools the consultant has at their disposal (and which they may place at yours too), the consultancy can lend a major boost to your procurement strategy. An IT procurement consultancy can identify your requirements Do you need a new system? Do you need procurement advice and support?

Procurement strategies 52

Procurement strategies Strategy Procurement Suppliers 52

Procurement Tactics

JUNE 7, 2023

Proper utilization of this metric yields a crucial understanding of the procurement organization’s efficiency in achieving cost reduction objectives. Knowing the standard pricing for goods and services is crucial in initiating negotiations for new purchases. Why is it Important? Why is it important?

Price 130

Price Purchasing Raw materials Negotiation 130

Procurement Tactics

JUNE 28, 2023

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

Supply Chain Efficiency 178

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

Procurement Tactics

JULY 4, 2023

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

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Templates

APRIL 5, 2024

Scope of Work: Detail the scope of work or services to be procured. Procurement Strategy: Identify the preferred procurement route(s) to market. Options for Procurement Route: a. Negotiated Procedure: – Appropriate for specialized or unique requirements. Clarify the desired outcomes and deliverables.

Bidding 130

Bidding Negotiation Suppliers Contract 130

Procurement Tactics

JUNE 22, 2023

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

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Procurement Tactics

JULY 2, 2023

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

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Procurement Tactics

JUNE 19, 2023

You can gain all the skills and knowledge that you need online and particularly from digital procurement courses that cover negotiation, procurement strategies, and sustainable procurement. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Procurement 201

Procurement Collaboration Procurement strategies supply chain software solutions 201

Procurement Templates

MARCH 6, 2024

When procurement bear fruit who are you within the fruit basket? Pineapple Procurement Manager: Imagine this person as the pineapple of the procurement team—sweet on the outside but with a tough core when it comes to negotiations. They’re all business, tackling negotiations head-on to ensure we come out on top.

Procurement 130

Procurement Procurement team Negotiation Innovation 130

Procurement Tactics

APRIL 17, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases.

Sustainability 201

Sustainability Procurement Negotiation Bidding 201

Procurement Tactics

JUNE 22, 2023

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

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them.

Sustainability 181

Sustainability Contract Procurement Negotiation 181

Procurement Templates

APRIL 15, 2024

This might mean trying out new vendors or negotiating non-traditional contracts to achieve better results. More likely to offer alternative solutions or more willing to try different procurement procedures that allow innovation, dialogue, negotiation and risk taking. More likely to have imposter syndrome and doubt themselves.

Influencing 130

Influencing Negotiation Risk Innovation 130

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainability in Specifications — Embracing Sustainability Sustainability in specifications allows businesses to ensure that they are following their sustainable requirements to achieve success in sustainability.

Sustainability 204

Sustainability Procurement strategies Negotiation Ethics 204

Procurement Tactics

APRIL 6, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Negotiation Course For Procurement Professionals You'll get a certificate after completing the course LEARN MORE Rated 9.2/10

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

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. CERTIFICATE COURSES Related courses about this subject 1.

Sustainability 204

Sustainability Procurement strategies Negotiation Procurement 204

Procurement Tactics

APRIL 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CSR Policy — Transforming Sustainable Procurement CSR policy is important to ensure that a company ethically conducts its business operations. However, what is it?

Sustainability 192

Sustainability Procurement Ethics Procurement strategies 192

Procurement Tactics

MAY 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it? What is the purpose of it?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Procurement Tactics

JULY 20, 2023

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

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

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