Una

SEPTEMBER 26, 2023

How to Repair Damaged Supplier Relationships Learn how to repair damaged supplier relationships by using communication, trust-building, and negotiation tactics to get back on track. Miscommunication is a key reason why supplier relationships can falter.

Suppliers 52

Suppliers Supply Chain Efficiency Negotiation Supply chain 52

Procurement Tactics

SEPTEMBER 8, 2022

Do not worry if you do not know operational procurement as this article will help you understand it. Additionally, we will discuss how it works, how it can be optimized, and the benefits you can gain from operational procurement. Once you reach the end of this article, you will have a better grasp of operational procurement.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

Supply Chain Game Changer

OCTOBER 12, 2022

Indicating how long your supply chain contract lasts shows trust and belief in your business partners. Thus, they can fully dedicate their available resources to promoting your brand. In addition, you can also safely commit significant financial and resource investments. Subscribe Here! Email Address. Duration Of The Contract.

Contract 108

Contract Supply Chain Optimization Supply chain Quantity 108

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. For reasons beyond your control, you need to deal with a gigantic supplier. This supplier has resources on steroids. Be flexible.

Negotiation 52

Negotiation Purchasing Price Suppliers 52

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Companies may choose offshoring to enhance cost-efficiency or access global markets.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Una

AUGUST 15, 2023

Why Local Sourcing Is The Best Way To Build Social License Tips for developing positive relationships with local stakeholders, accessing community resources, and fostering sustainability to build a strong social license. What is social license? Clearly, social license isn’t something that should be ignored.

Sourcing 52

Sourcing Supply Chain Efficiency Ethics Sustainability 52

HICX

SEPTEMBER 11, 2023

Table of Contents What is supplier risk management? What are the benefits of supplier risk management? What is supplier risk management? As organizations scale and increase in size, so too does the organization’s number of suppliers, which means there are more risks to be managed.

Risk management 52

Risk management Risk Suppliers Management 52