Procurement Tactics

JULY 20, 2023

5 Best Global Concrete Product Suppliers Study Procurement Study Negotiations 1. Holcim [link] With a softer demand in concrete building materials for 2 consecutive years due to the pandemic and inflation, Holcim thrives and still holds its top spot as the leading manufacturer and supplier of concrete products.

Price 193

Price Suppliers Sustainability Negotiation 193

Procurement Tactics

MARCH 7, 2023

Sugar Prices – Historical Graph Real-time chart of historical daily sugar prices. The prices are down in U.S. The current price is and is last updated on. Which variables impact the price of sugar? Sugar Prices Explained As you can see sugar prices are fluctuating. Why are sugar prices fluctuating?

Price 190

Price Demand Export Influencing 190

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? Price Purchase Variance: What is it? Why is it Important?

Price 130

Price Purchasing Raw materials Negotiation 130

Procurement Tactics

MARCH 22, 2023

Iron Ore Prices – Historical Graph Real-time chart of historical daily iron ore prices. The prices are down in U.S. The current price is and is last updated on. Which variables impact the price of iron ore? What is the future price of iron ore? And is there a way to predict the price of iron ore?

Price 194

Price Export Demand Supply Chain Efficiency 194

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

MARCH 22, 2023

Tea Prices – Historical Graph Realtime chart of historical daily tea prices. The prices are down in U.S. The current price is and is last updated on. Which variables impact the price of tea? Tea Prices Explained As you can see tea prices are fluctuating. And is there a way to predict the price of tea?

Price 170

Price Quality Quantity Demand 170

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% Now, it’s time to choose wholesale jewelry suppliers.

Suppliers 146

Suppliers Price Negotiation Purchasing 146

Supply Chain Dive

SEPTEMBER 29, 2022

The big-box retailer is consulting suppliers to find savings after a drop in commodity prices, though heightened labor costs persist.

Price 99

Price Suppliers 99

Procurement Tactics

JANUARY 11, 2023

Price Negotiation — The Ultimate Guide. Price negotiation allows buyers and sellers to get the price that they want when discussing future work, projects, or collaboration. However, how do you negotiate prices effectively? In this article, we will define what price negotiation is. Price Negotiation: What is it?

Price negotiations 130

Price negotiations Negotiation Price Buyers 130

Procurement Tactics

APRIL 18, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Assessment — Embracing Sustainability in Procurement Supplier assessment is needed when selecting the right supplier to achieve sustainability in your procurement process.

Sustainability 196

Sustainability Suppliers Procurement Ethics 196

Procurement Tactics

JULY 20, 2023

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. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

ProcurePort

AUGUST 24, 2022

• Supplier quality management is the proactive and often collaborative approach to ensure that a supplier delivers goods and services of the highest quality. These include the timeliness of delivery, quantities, and price. These include the timeliness of delivery, quantities, and price. The Process The […].

Quality management 130

Quality management Quality Suppliers Management 130

Supply Chain Dive

DECEMBER 14, 2023

Howmet Aerospace, which sells the titanium materials used for the aerospace company’s F-35 jet, disputed the allegations and called the lawsuit meritless.

Price 107

Price Suppliers 107

Spend Matters

APRIL 10, 2024

This Spend Matters Vendor Analysis gives an overview of Matchory, a solution built to simplify and accelerate the supplier discovery process. In times when nearshoring and ally-shoring are at the top of the agenda of many procurement professionals, supplier scouting is making a comeback as an essential capability.

Suppliers 82

Suppliers Supply Chain Efficiency Supply Chain Optimization Strategic sourcing 82

Una

APRIL 15, 2024

7 Signs of Supplier Financial Instability Explore seven signs of supplier financial instability and learn how to proactively protect your business against risk. However, the risk of a supplier facing financial difficulties is an unfortunate reality that can have severe consequences for your operations.

Suppliers 52

Suppliers supply chain budgeting Quality Risk 52

ProcurePort

APRIL 19, 2022

A manufacturing entity may work with hundreds of suppliers on different continents. Customers are demanding competitive pricing, hence making margins even slimmer. There is, therefore, the need to create value through strong relationships with suppliers. Supplier relationship management today involves leveraging […].

Supplier relationship management 147

Supplier relationship management Suppliers Management Price 147

Procurement Tactics

OCTOBER 17, 2022

Supplier Onboarding — The Ultimate Guide . Supplier onboarding in a company can start slowly as its complexity requires the collection of information carefully. In this article, we will discuss what supplier onboarding is. Once you are done reading this article, you will have an in-depth knowledge of supplier onboarding.

Suppliers 175

Suppliers Negotiation Procurement Strategy 175

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Bulletin

DECEMBER 17, 2022

How to Minimize Price Increases. Unless you’re Walmart, most businesses wouldn’t be able to tell their suppliers to “just don’t raise prices” So, what can you do? Here’s a few tips for minimizing those sneaky and not-so sneaky price increases for your products. A Penny for Your Copper?

Price 96

Price Demand Supply chain Suppliers 96

Procurement Tactics

AUGUST 17, 2022

Supplier Evaluation — Everything a Procurement Professional Should Know. A supplier’s evaluation is crucial in procurement. The evaluation helps the organization filter the potential suppliers to get the best partner for its business. However, how do organizations evaluate these potential suppliers?

Suppliers 130

Suppliers Procurement Quantity Price 130

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. It is a skill that needs a strategic approach and it is not something anyone can do.

Supplier negotiation 88

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

Procurement Tactics

AUGUST 24, 2022

Supplier Networks — The Ultimate Guide of 2022. Supplier networks are important in the procurement industry to find your preferred supplier. In this article, we will discuss what supplier networks are. After this article, you will have an insight into what supplier networks are. Outsource activities to Suppliers.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

ProcurePort

AUGUST 3, 2021

Indeed, one of procurement’s most important undertakings is to identify and align organizations with quality suppliers. These suppliers not only have to meet shipping requirements, pricing parameters, and quality control, quality suppliers can do this over and over again on a long-term basis.

Quality 130

Quality Sourcing Suppliers Price 130

Procurement Leaders

DECEMBER 9, 2022

Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships. We have refocused some of our efforts on making Ferring higher on the priority list of our strategic suppliers. Why are they so important?

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

Procurement Tactics

AUGUST 16, 2022

Supplier Management — The Ultimate Guide of 2022. Supplier management is crucial for organizations that have many vendors or suppliers. They need to manage their supplier to maintain the relationship that they have built. For this article, we will discuss what supplier management is. What is Supplier Management?

Suppliers 130

Suppliers Supply Chain Efficiency Management Supplier relationship management 130

HICX

AUGUST 13, 2023

By Costas Xyloyiannis, CEO of HICX By building better relationships with all suppliers (and not just a strategic few), brands can remain cost efficient, competitive and profitable, writes Costas Xyloyiannis With inflation slowing down sales and blocking price rises, manufacturers are feeling the pinch. Read full article

Suppliers 52

Suppliers Chief Procurement Officer Supply Chain Efficiency Price 52

Supply Chain Dive

MAY 25, 2023

The retailer wants to “get costs down more as fast as we possibly can” in food and consumables, CEO Doug McMillon told analysts.

Price 84

Price Suppliers 84

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. This week, we explore the challenges and solutions involved when supplier negotiations hit an impasse.

Supplier negotiation 97

Supplier negotiation Negotiation Suppliers Buyers 97

Spend Matters

AUGUST 22, 2023

When price rises for raw materials, such as copper or wheat, are market-driven or are defined by market fluctuations, the procurement professional can be sure their supplier will be on the phone to set expectations of cost increases. When market prices fall, you can be sure the phone won’t be ringing off the hook!

Raw materials 69

Raw materials Suppliers Price Buyers 69

ivalua

DECEMBER 5, 2019

As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Suppliers offer an excellent source of knowledge to help businesses rapidly innovate. Cost-focused approaches block innovation.

Innovation 221

Innovation Suppliers Procurement Collaboration 221

SCMDOJO

JULY 28, 2022

However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices. What is Supplier Registration?

Suppliers 108

Suppliers Bidding Purchasing Quality 108

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult. How is it possible?

Suppliers 55

Suppliers Management Quality Import 55

Arkestro

NOVEMBER 2, 2022

But when it comes time for purchasing, most automotive suppliers and OEMs are stuck in an Excel world, and they’re straddled between systems, pulling data from all over the company. Data isn’t easy to find, and the suppliers and manufacturers are hungry for a system to bring all this information together. That’s just one example.

Price 52

Price Suppliers Procurement Agile and Lean Supply Chain 52

Positive Purchasing

DECEMBER 6, 2023

Part of this assessment also helps us to get in touch with critical stakeholders like NGOs, customers, our suppliers, as well as our employees, and ensure that their perspective is accurately reflected. Jonathan: Are suppliers ready and willing to implement sustainability initiatives, or is it more complex than that?

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

Spend Matters

JANUARY 2, 2024

After the last few tumultuous years, procurement teams are still facing steep challenges in getting ahead of supplier and supply chain risks. Some organizations have opted to invest in new, more robust supplier and third-party risk management (TPRM) systems, while others are optimizing their existing systems.

Risk 79

Risk Suppliers Raw materials Risk management 79

Supply Chain Game Changer

SEPTEMBER 13, 2022

Have you found that the consistent supply and reasonable prices in the Electrical Supply Chain that you were used to before COVID-19 hit have not returned as soon as you hoped, or as soon as some experts predicted? Adding to the misery, rising fuel costs drove prices up. Copper prices have risen 8.97% from one year ago.

Price 85

Price Supply chain Supply Raw materials 85

Strategic Sourceror

SEPTEMBER 16, 2022

Home prices are influenced by numerous factors, including inventory, geography, demand and the materials that are used during the construction process. Chief among those materials is lumber, and for the better part of two years, lumber prices have see-sawed wildly, fueling frustration among developers as well as would-be homebuyers.

Price 70

Price Inventory Strategic sourcing Strategic sourcing 70