Procurement Tactics

JUNE 22, 2023

That’s why for today, we will explore the differences between the sales order and purchase order and highlight some software commonly used to manage these orders. What is a Sales Order? Let’s first understand what a sales order is. A sales order is a confirmation document a supplier/seller issued to the buyer.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Let's Talk Supply Chain

JULY 20, 2023

Zarrin Lilani on How Women Lead in Supply Chain At Let’s Talk Supply Chain, we’re passionate about closing the gender gap to expand innovation through diversity. And while the tech industry job market is still anything but stable, supply chain leaders are still dealing with ongoing talent and resource shortage challenges.

supply chain software solutions 98

supply chain software solutions Agile and Lean Supply Chain Supply chain Supply 98

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

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions. However, this method is going in the opposite direction.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Tactics

MAY 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. In this article, we will discuss what 4PL means. 4PL: What is it?

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

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. However, what are their roles in procurement?

Management 178

Management supply chain budgeting Procurement Negotiation 178

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. Convoy Convoy is a software that connects shippers with carriers.

Logistics 193

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

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. It can also refer to using software to replace manual tasks.

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

Let's Talk Supply Chain

JUNE 22, 2023

One of the major drivers of Women in Supply Chain is Let’s Talk Supply Chain’s commitment to supporting bridging the gender gap in the industry. The continual talent shortage has been a source of regular delays and price hikes. How did your supply chain journey begin? I was searching for an AHA!

Agile and Lean Supply Chain 104

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 104

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. What is Procurement Tracking?

Supply Chain Efficiency 178

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

Procurement Tactics

JUNE 22, 2023

A purchase order is simply a document that a buyer sends to a supplier to request goods or services, which outlines the order’s details, including the quantity, price, delivery, and payment terms. Payment terms and pricing are typically negotiated for each purchase. It offers less flexibility in terms of changes or adjustments.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

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?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Procurement Tactics

JULY 2, 2023

There are various tools and software that provide a template to create a job order document. Softwares Available for Creating and Managing Job Orders 1. Kissflow Kissflow is a cloud-based procurement software tool that helps businesses manage their procurement process from requisition to payment. How to Utilize Job Orders?

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Let's Talk Supply Chain

APRIL 26, 2023

Over the last few years, a lot has changed in the supply chain industry. Fueled by constant disruptions that peaked during the pandemic and constant news headlines about the latest chain issues, consumers are more informed about supply chain and how it impacts their communities and daily lives.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

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

supply chain software solutions supply chain budgeting Supply chain Supply 40

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. Many processes in procurement are done using procurement software.

Procurement 130

Procurement supply chain budgeting Negotiation Contract 130

Procurement Tactics

JULY 14, 2022

Or receive our famous weekly newsletter. Additionally, it is their job to get the best products at the lowest possible prices. They must have a keen eye for seeing opportunities with their potential suppliers to get the lowest price possible. Proficiency in CRM and inventory management software programs. First Name.

Procurement 130

Procurement Purchase orders Purchasing Negotiation 130

SCMDOJO

APRIL 3, 2022

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Procurement price reductions can have a major influence on a business bottom line.

Supply Chain Efficiency 139

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 139

Procurement Tactics

AUGUST 30, 2022

Or receive our famous weekly newsletter. The goal of using an e-procurement system is to get goods or services at the best possible price at the best possible time. Since electronic procurement is an online business platform, it utilized networked systems and web interfaces for supply chain processes and operations.

Procurement 130

Procurement Supply Chain Efficiency Purchasing Suppliers 130

Una

FEBRUARY 15, 2023

Leverage aggregate spend Foodservice operators can often secure lower prices from suppliers when leveraging the collective buying power of a group purchasing organization. Leverage aggregate spend Foodservice operators can often secure lower prices from suppliers when leveraging the collective buying power of a group purchasing organization.

Contract 98

Contract Inventory Price Quality 98

Planergy

JULY 5, 2022

ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Of all these emissions, 2/3 of them usually come from the upstream supply chain. Download Free Copy. Written by.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Procurement Tactics

JULY 21, 2022

Or receive our famous weekly newsletter. Procurement portals have shaped supply chain management drastically. It is one of the most useful and popular solutions for digital transformation. . A procurement portal is an e-procurement solution or tool that allows you to make your purchasing processes online.

Procurement 147

Procurement Procurement solutions Competitive bidding Bidding 147

The Procuretech Podcast

JULY 11, 2023

Mitigating price rises and deflation. Sustainability, supply chain risk, digital transformation and visibility. Sustainability in the supply chain. If you want to learn more about Jonathan, Positive Purchasing, or Procurement Software, check out the useful links below. Cost focus and recognition.

Purchasing 40

Purchasing Category management Procurement supply chain budgeting 40

Procurement Tactics

AUGUST 24, 2022

Or receive our famous weekly newsletter. It gives organizations numerous options from which they can select suppliers according to their preferences such as product, prices, and location. The variables include the item specifications, future pricing, and special offers to avoid any confusion. . First Name. Download Free PDF.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

Procurement Tactics

JULY 14, 2022

Or receive our famous weekly newsletter. Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services. All these services need to be provided rapidly and efficiently at the best price possible. . Provides supply chain management. Download Free PDF.

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

Supply Chain Game Changer

MARCH 22, 2022

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. Not too long after I launched Supply Chain Game Changer in 2017 it was recognized on a list of the Top Supply Chain sites by feedspot.com.

Leadership 105

Leadership Agile and Lean Supply Chain supply chain software solutions Supply chain 105

Una

JANUARY 1, 2024

There are dozens of excellent survey software alternatives on the market, ranging from webpage pop-ups to app-based mobile surveys and plug-ins for platforms like Slack and Teams. Get control of IT procurement Two key IT procurement challenges that will test your resolve in the new year are shadow IT and auto-renewing software subscriptions.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Using a dynamic punchout catalog ensures customers can access data directly from their procurement software, and the data is always correct. It ensures that suppliers’ products, services, and pricing are consistent, accurate, and up-to-date. What's Planergy?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Procurement Software

APRIL 18, 2023

eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. Live, and within an allotted time period, suppliers lower their prices against the nearest competitor in order to win your business. As such, they build a premium into their pricing to avoid this. What is an eAuction?

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

The Procuretech Podcast

FEBRUARY 22, 2022

She studied Procurement and Supply Chain in Bordeaux and then moved into the corporate world, starting out in the FMCG industry, moving then into aeronautics and then finally the automotive industry. Understanding knock-on effects and having predictive models to be able to evaluate this impact on the overall supply chain is key.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Innovation Supply chain 40

Planergy

NOVEMBER 29, 2022

It’s never a good idea to work with a single partner on anything mission-critical, as it can damage your organization if an issue arises with its supply chain. It can work for basic things like office supplies you don’t often need. With fewer suppliers, you can often negotiate better prices due to the increased buying power.

Supplier consolidation 52

Supplier consolidation Risk Suppliers supply chain budgeting 52

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. That’s why vendor analysis is essential to any successful procurement process – it helps ensure that companies procure from reliable suppliers at competitive prices while adhering to applicable regulations. What's Planergy? What is Vendor Analysis?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Planergy

AUGUST 8, 2023

When signing on a new supply customer, you must consider more than just a good-sounding product and price. It allows you to ensure you get exactly what you need, when you need it, at a price you can afford. You should use RFPs when many potential solutions are available but find none fitting perfectly with your needs.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Planergy

DECEMBER 29, 2022

Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. Additionally, managing marketing procurement can help businesses negotiate better prices for raw materials, further improving profitability. What is Marketing Procurement?

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Planergy

JANUARY 12, 2023

As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. One way to ensure that your supply chain runs smoothly is by utilizing supplier tiering. Supplier tiering also helps reduce costs by eliminating inefficient or unnecessary processes in the supply chain.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Planergy

JANUARY 19, 2023

Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency. Procurement professionals should take advantage of Pareto Spend Analysis whenever possible to maximize savings and improve performance in their supply chain management initiatives.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52