article thumbnail

How Digital Tools Transform Cost Estimation in Procurement

SCMDOJO

Retail Supply Chains: Procurement teams can negotiate better deals thanks to the transparent data they receive when their digital estimator analyzes bulk order pricing in an instant. When all these features combine seamlessly into one tool then procurement teams are able to get faster answers that they trust.

article thumbnail

IKEA’s IWAY Has Lessons For Every Procurement Team!

Supply Chain Game Changer

If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. Supplier compliance and governance is a result of quality due diligence on the part of a sourcing and procurement team. SCM #SupplyChain #ikea #retail #logistics #procurement #purchasing.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

IKEA’s IWAY Lessons For Procurement!

Supply Chain Game Changer

If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. Supplier compliance and governance is a result of quality due diligence on the part of a sourcing and procurement team. Cover a Thorough Scope of Supplier-Related Risks.

article thumbnail

Digitise to drop costs

Barkers Procurement

Retail procurement teams who digitise can secure the best prices for shoppers by enabling clearer, more relevant and faster supplier communications. As the UK weathers its cost-of-living crisis alongside new US tariffs, the public would hope for retailers to keep prices low. How do we manage rising costs?