Remove Category management Remove Negotiation Remove Supply chain resilience
article thumbnail

The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management. Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience.

article thumbnail

Beyond Compliance: How Procurement Can Drive ESG Leadership and Decarbonization

Jaggaer

Procurement stands at the center of several competing aims and objectives: cost savings, compliance, reputation, innovation, finance and supply chain resilience. At H&Z we have developed a three-step approach to addressing this challenge: First, measure the emissions related to the companys supply chain.

professionals

Sign Up for our Newsletter

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

article thumbnail

MCIPS vs SCMDOJO Procurement Track

SCMDOJO

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

article thumbnail

The Rise of Women in Supply Chain: Career Choice

SCMDOJO

Deep knowledge of procurement, sourcing, vendor management, and category management in different categories. Provide different consulting projects in procurement and purchasing Proven experience in the negotiation process. Maryna has: 5 years of experience in procurement training and consulting.

article thumbnail

Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.