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

ivalua

JANUARY 29, 2020

Competitors or new market entrants can use it to attack you these days – you don’t need a chain of retail shops on the high street, just a good idea, a great website and an outsourced logistics operation. So the need for businesses to act with speed and agility has never been greater.

Collaboration 164

Collaboration Innovation Agile and Lean Supply Chain Procurement 164

Spend Matters

AUGUST 15, 2024

“Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. 22, at 10:00 AM PST.

supply chain software solutions 120

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 120

SCMDOJO

MARCH 24, 2025

Unfavorable PPV Unfavorable PPV occurs when the actual price or purchase cost exceeds the standard price or estimated cost, leading to higher expenses. This negative variance can result from bypassing defined procurement processes, Internal mismanagement, or ineffective price negotiations with suppliers.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . Here are the latest updates on digital procurement in 2022 : .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

JUNE 25, 2024

Procurement cost savings stand out as a critical lever in the pursuit of trimming down expenses without compromising on quality. However, the work of procurement goes beyond just delivering price reduction and cost reduction. This article will first of all guide you through the essentials of procurement cost savings.

Procurement 52

Procurement Supply Chain Efficiency Chief Procurement Officer Price 52