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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Master Budgeting: Practice building and managing procurement budgets aligned with organizational goals. Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

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Future Learn Supply Chain Courses VS SCMDOJO Academy

SCMDOJO

Two prominent online learning platforms, Future Learn Courses and SCMDOJO, offer courses on demand to meet supply chain enthusiasts’ diverse needs. As you know, the supply chain management landscape constantly evolves, necessitating continuous learning and skill development for professionals in this field.

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U.K.’s Budget Prompts Call for Logistics Minister

Supply Chain Brain

Logistics companies will see costs rise because of the increase in minimum wage and contributions employers will need to make to the country’s National Insurance program.

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What About Procurement Objectives?

Procurement Templates

Create Contingency Plans: Develop risk management protocols for supply disruptions and emergencies. Financial Objectives Budget Management: Monitor and manage procurement budgets to ensure spending stays within approved limits. Action: Develop a procurement cost-avoidance tracker for proactive budget control.

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Logistics Budget Getting Hammered on the Spot Market?

Supply Chain Collaborator

The post Logistics Budget Getting Hammered on the Spot Market? With capacity tight, it simply does not make sense to engage the spot market without visibility and controls in place to ensure the most efficient utilization of a mode that is by definition, less efficient. appeared first on UltraShipTMS.

Budget 100
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TMS Software Eases the Pain of Zero-Based Budgeting

Supply Chain Collaborator

This new practice is being emulated by many industries and operations personnel will be tasked with accommodating the rigorous new cost-cutting efforts. Here’s what you need to know about the new practice and how your TMS solution and other Logistics IT tools can help ease the pain.

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CPFR in Supply Chain — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR? Why is CPFR Important?