Procurement Tactics

JUNE 22, 2023

A sales order is a confirmation document a supplier/seller issued to the buyer. It is a document that confirms the buyer’s request, including the agreed-upon terms and details such as the prices, quantities, payment method, delivery terms, and any other relevant information.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Procurement Tactics

DECEMBER 7, 2022

Download Whitepaper →. . Financial supply chain or supply chain finance describes a set of technology-based solutions that helps lower financing costs and enhance the business experience for sellers and buyers connected in sales transactions. . Supply chain finance fosters collaboration between buyers and sellers.

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

Planergy

APRIL 10, 2025

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. Reducing Manual Tasks Using an ePayables system can be beneficial for both buyers and sellers. How AP can improve relationships with your key suppliers.

Buyers 52

Buyers Suppliers Purchasing Spend management 52

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. First, it ensures clear communication between the buyer and the supplier, eliminating potential misunderstandings or disputes.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Jaggaer

NOVEMBER 14, 2024

Platforms like JAGGAER One bring together enterprise buyers, suppliers, and partners on a single, cloud-based solution. To explore these concepts in more detail, download our free e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? “ Download Your Free Copy Now!

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Planergy

JANUARY 20, 2025

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. Download Free Copy What Is An Invoice? An invoice is used to document a sale of products and services and is provided to a buyer by the seller.

Buyers 52

Buyers Purchase orders Purchasing Import 52

The Thomas Blog

AUGUST 2, 2022

In a recent Industrial Buyer's Search Habits Survey , one purchasing supervisor that "having more online information like specifications, pricing, lead time, and stock levels online are important when I'm vetting new suppliers and will make my job easier.". Make Buyers Contact You. appropriate certification.

Buyers 144

Buyers Quality Ethics Export 144

Procurement Tactics

OCTOBER 6, 2022

Download Free Whitepaper ?. ?. Collect and submit follow-up questions for the buyer. You may ask yourself, Do I have the performance data and customer references that the buyer asked for? An RFP is just a proposal to be sent to a buyer. 33 Procurement Interview Questions in 2022. First Name. Schedule a kickoff meeting.

Project management 180

Project management Management Bidding Buyers 180

Procurement Tactics

MARCH 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Source-to-Contract — The Ultimate Guide Source-to-contract is an important process in procurement. The supplier completes the purchase order and will send the goods to the buyer.

Contract 156

Contract Sourcing Purchase orders Bidding 156

ivalua

NOVEMBER 18, 2021

Almost seven-in-ten (69%) respondents said that it should be made easier to collaborate with buyers on sustainability. Furthermore, over a third of suppliers believe that improving their ability to share information (35%) and collaborate with buyers on improvements (35%) would significantly increase their ability to deliver green initiatives.

Suppliers 130

Suppliers Supply Chain Efficiency Buyers Sustainability 130

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 Purchase Order vs Invoice — 7 Key Differences Purchase orders and invoices may be hard to differentiate, especially if you are new in the procurement industry. What is its Purpose?

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Procurement Tactics

NOVEMBER 27, 2022

Download Free Whitepaper ?. ?. The buyer should ask how long the goods or services will meet the requirement and the extent of reusing goods already produced. . Download Free Whitepaper ?. 33 Procurement Interview Questions in 2022. Or receive our famous weekly newsletter. Green procurement is becoming a thing nowadays.

Procurement 191

Procurement Sustainability Purchasing Raw materials 191

Procurement Tactics

NOVEMBER 14, 2022

Download Free Whitepaper ?. ?. Download Free Whitepaper ?. ?. An example of a Retail Supply Chain from the founder of Procurement Tactics: “In my period as Procurement Manager for Ahold Delhaize, I learned that there is a strong link between the performance of buyers and the supply chain.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Spend Matters

OCTOBER 23, 2024

Find our in-depth guide to third-party and supply chain risk management with accompanying free download here. All buyers that have been affected will be looking for the same alternative sources, making the marketplace very crowded, and the need to verify, approve and onboard new suppliers quickly brings challenges for all parties.

Risk 111

Risk Buyers Supply chain Suppliers 111

Procurement Tactics

DECEMBER 26, 2022

Download Whitepaper →. . Download Whitepaper →. . Actual Case: The Ministry of Defense of the Kingdom of the Netherlands (MODNL) is a large public sector buyer that employs around 58,000 people across the army, military police, air force, and other supporting roles. . 33 Procurement Interview Questions in 2023.

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them.

Sustainability 181

Sustainability Contract Procurement Negotiation 181

Procurement Tactics

DECEMBER 21, 2022

Download Whitepaper →. . Download Whitepaper →. . The number one reason why suppliers and buyers take part in collaborative projects is due to shared value. 33 Procurement Interview Questions in 2023. Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. P&G’s value-sharing model.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

ivalua

AUGUST 26, 2021

Redwood City, CA – 26th August 2021 – Research from Ivalua, a leading global spend management cloud provider, has revealed more than half (58%) of European suppliers said buyers rarely or never include responsible labour practices in contracts or agreements. The report also identified a lack of consistent monitoring of labour standards.

Procurement team 100

Procurement team Suppliers Buyers Procurement 100

ivalua

JUNE 28, 2021

The research, conducted by Coleman Parkes, surveyed 300 suppliers across the UK, France, Germany and Switzerland, to examine supplier relationships with their buyers. According to the report, two-thirds (67%) of suppliers find buyer procurement systems a challenge to use, further limiting their ability to collaborate with organisations.

Risk 130

Risk Suppliers supply chain budgeting Innovation 130

SCMDOJO

DECEMBER 29, 2024

Download Procument Reports 7. 32 Essential Logistics Interview Questions and Answers in 2024 This is a comprehensive guide to logistics interview questions and answers. It is valuable for anyone preparing for a logistics interview, from entry-level candidates to experienced professionals.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

Planergy

MARCH 18, 2025

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. Download PDF Whats your goal today? download a free copy of our guide 3. How AP can improve relationships with your key suppliers.

supply chain budgeting 52

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

Procurement Tactics

AUGUST 25, 2022

Download Free PDF. Her company, Tealbook, is a supplier intelligence platform with the power to change the way buyers obtain supplier data. She is also a regular guest on popular procurement podcasts and blogs such as the Buyers Meeting Point, Art of Procurement, and Procurious. 33 Procurement Interview Questions in 2022.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Procurement Tactics

AUGUST 24, 2022

Download Free PDF. It is a virtual platform where suppliers and buyers located anywhere in the world can collaborate together. Benefits of Supplier Network for Suppliers and Buyers. A supplier network is a virtual platform where suppliers and buyers located anywhere in the world can collaborate together. First Name.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

ivalua

NOVEMBER 18, 2021

Almost seven-in-ten (69%) respondents said that it should be made easier to collaborate with buyers on sustainability. Furthermore, over a third of suppliers believe that improving their ability to share information (35%) and collaborate with buyers on improvements (35%) would significantly increase their ability to deliver green initiatives.

Suppliers 100

Suppliers Supply Chain Efficiency Buyers Sustainability 100

Procurement Tactics

JANUARY 11, 2023

Download Whitepaper →. . Price negotiation allows buyers and sellers to get the price that they want when discussing future work, projects, or collaboration. During price negotiation, there are two roles that arise: buyer and seller. . Download Whitepaper →. . 33 Procurement Interview Questions in 2023.

Price negotiations 130

Price negotiations Negotiation Price Buyers 130

Procurement Tactics

JANUARY 4, 2023

Download Whitepaper →. . Knowing that information in time can help you as the buyer identify potential risks with the product and reevaluate your decision for a purchase order. Download Whitepaper →. . 33 Procurement Interview Questions in 2023. Or receive our famous weekly newsletter. Due Diligence.

Procurement 195

Procurement Contract Negotiation Quality 195

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Tactics

JULY 14, 2022

Download Free PDF. Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services. Procurement service providers are effective and experienced third-party organizations that facilitate the relationship between buyers and suppliers. First Name. Assess PSP affiliations.

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

Procurement Tactics

APRIL 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Code of Conduct — Embracing Sustainability Supplier code of conduct allows businesses to establish their internal and external expectations. However, what is it?

Sustainability 177

Sustainability Suppliers Supply Chain Efficiency Chief Procurement Officer 177

Procurement Tactics

JULY 2, 2023

Improved Supplier-Buyer Relationships Transparent relations with suppliers are also facilitated by clear and detailed job orders. SAP Ariba SAP Ariba is a cloud bases procurement software that provides spending management, and supply chain services that allow suppliers and buyers to connect and do business, worldwide.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Procurement Tactics

DECEMBER 20, 2022

Download Whitepaper →. . Download Whitepaper →. . With SAP Ariba, you can create core templates and unified terms for consistent conditions that may help buyers and suppliers save time and reduce human errors. . 33 Procurement Interview Questions in 2023. Or receive our famous weekly newsletter. However, what is it?

Contract 130

Contract Management e2e Contract management 130

Spend Matters

NOVEMBER 21, 2023

Here’s what I found: The average Fairmarkit customer has an average sourcing event size of $20,000, realizes savings of almost 10% and can run an average of, wait for it … 123 sourcing events per week per buyer. Another thing they’ll like is the stunning ROI that lies within autonomous sourcing — even if it’s tactical sourcing. That’s insane.

Strategy 111

Strategy Bidding Sourcing Stakeholder engagement 111

Spend Matters

OCTOBER 16, 2024

But even if matters don’t go that far, what the buyer might begin to observe in the face of a supplier’s impending failure is a decline in quality and timeliness of service, requests for early invoice payments or attempts to re-negotiate contracts. What causes financial risk?

Risk 114

Risk Risk management Suppliers Raw materials 114

Procurement Tactics

JULY 20, 2022

Download Free PDF. However, language barriers and some business practices can be challenging for foreign buyers. . When this happens, foreign buyers would seek help from a sourcing agent or agency in China. Of course, low-balling suppliers are not good if you intend to have a good relationship with the buyer. First Name.

Sourcing 130

Sourcing Quality Price Suppliers 130