SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Contract management 98

Contract management Contract Import Management 98

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

Procurement Tactics

JUNE 22, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Tradogram Tradogram is a top-rated e-procurement software solution that helps businesses manage their procurement process from end to end.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Una

JUNE 18, 2024

Contract Management Best Practices for Procurement Pros Learn why its critical for procurement teams to have contract management best practices in place to proactively monitor promised benefits. By Hugo Britt | June 18, 2024 Search Search At what point in the contract lifecycle does procurement’s role end?

Contract management 52

Contract management Contract Management Negotiation 52

SCMDOJO

MARCH 14, 2025

Final Shortlisting If a particular vendor, based on the qualification criteria and scoring has been deemed suitable, then proceed with the next phase, that is negotiations. Negotiations In some cases, entities may engage shortlisted vendors in a final round of negotiations to determine payment cycles, deliverables and timelines.

Bidding 59

Bidding Contract Contract management Price 59

Procurement Insights

FEBRUARY 21, 2025

Network Intelligence: Learns from market trends, supplier performance, and risk factors to optimize sourcing and supplier management. An Orchestration & Intake model is a workflow automation layer that helps businesses manage procurement requests, approvals, and integrations across multiple tools within a single company.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

Procurement Tactics

JUNE 28, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates.  Menu Course Library 1.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

FEBRUARY 19, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter ChatGPT in Procurement — Revolutionizing the Norm ChatGPT is getting popular not just in procurement but also in various industries as it assists professionals in their everyday work. However, what is it?

Procurement 287

Procurement Market analysis Contract Suppliers 287

ivalua

APRIL 6, 2021

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.

Contract 130

Contract Management Contract management e2e 130

Procurement Tactics

OCTOBER 18, 2022

The SRM software centralizes supplier-related data, supports contract and procurement management, automates supplier scoring, and provides a supplier portal as a medium for communication with different suppliers. . Want to become a Negotiation Game Changer? Negotiation Game Changer Certificate Program. Updated Aug 2022.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

JULY 2, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Softwares Available for Creating and Managing Job Orders 1. It includes supplier management, contract management, and spending analysis.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

ProcurePort

NOVEMBER 3, 2021

Creating, negotiating, managing, and settling contracts is an essential part of any business. Contract management is also a critically underpinning element of sourcing in the supply chain. So, what are Contract Lifecycle Management CLM or simply contract creation tools?

Contract 130

Contract Contract management Negotiation Supply chain 130

Procurement Tactics

MAY 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Contract Auditing — Everything You Should Know Contract auditing allows parties to know their obligations and follow them thoroughly. In this article, we will discuss what contract audit means.

Contract 184

Contract Negotiation Contract management Procurement strategies 184

SCMDOJO

DECEMBER 29, 2024

Moreover, it covers written and verbal communication skills, negotiation techniques, and conflict-resolution strategies. The Fundamentals of Sourcing Process This course by SCMDOJO academy provides a comprehensive overview of sourcing strategies and best practices, including: Supplier Selection Negotiation Contract Management Risk Mitigation.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

World of Procurement blog

MAY 8, 2024

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Negotiations may be required to create new contracts.

Contract management 52

Contract management Contract Management e2e 52

ivalua

FEBRUARY 10, 2023

This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

JUNE 19, 2023

You can gain all the skills and knowledge that you need online and particularly from digital procurement courses that cover negotiation, procurement strategies, and sustainable procurement. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

Contract management 52

Contract management Contract e2e Management 52

Procurement Tactics

SEPTEMBER 8, 2022

Usually, operation purchasing managers work to enhance contract management, delivery management, and managing any feedback. Want to take your negotiation results to the next level? Negotiation Gamechanger Certificate Program. Editor's note: Hi there! ENROLL NOW. How Does it Work? Know the demand.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

Spend Matters

MAY 6, 2024

During the contract lifecycle, DocJuris acts in the review and negotiation stage that comes after contract request creation and before approvals, signatures, obligation management and so on. To potential buyers — DocJuris helps remove bottlenecks from contract workflows and processes in order to speed up cycle times.

Contract 117

Contract Contract management Buyers Negotiation 117

Procurement Templates

MARCH 7, 2024

Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement processes, such as vendor selection criteria, bidding procedures, and contract management protocols.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Let's Talk Supply Chain

SEPTEMBER 7, 2022

And today in episode four, we’ll be turning our attention to Sifted’s Contract Management Suite. IN THIS EPISODE WE DISCUSS: [01.43] Some of the big challenges around contract management in the current climate. It’s about providing visibility… You need to be looking at your contracts.

Contract 97

Contract supply chain budgeting Contract management Supply Chain Optimization 97

SCMDOJO

FEBRUARY 5, 2025

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.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Jaggaer

FEBRUARY 20, 2025

The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods. Strategic sourcing becomes part of the process and ensures that the best vendors are selected, and that favorable deals are negotiated with them.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Jaggaer

FEBRUARY 5, 2025

Negotiation & Contract Award – Once a supplier is selected, the process of finalizing the award and drawing up the contract begins. Contract management systems often play a role in this stage by helping to standardize and streamline the creation of contracts based on the awarded terms.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

TYA Suite

JANUARY 27, 2025

Managing contract value involves monitoring and optimizing the financial aspects of vendor contracts. This includes ensuring that the contract value aligns with budgetary constraints and achieving cost savings through effective negotiations. Efficient contract management fosters better relationships with vendors.

Contract 40

Contract Real-time Visibility Contract management Management 40

Jaggaer

JULY 2, 2020

Supplier negotiation skills are essential for anyone working in procurement. It’s become standard for companies to train their employees on negotiation tactics to get better deals from suppliers, but these skills are also useful outside of the buyer -supplier relationship. The Number One Tip for Successful Negotiations?

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71

Procurement Templates

APRIL 15, 2024

Contract Management: Review and standardize contract management processes to improve compliance and reduce contractual risks. Negotiation Strategies: Develop negotiation strategies to achieve better terms, prices, and value from suppliers.

Procurement team 130

Procurement team Contract management Innovation Contract 130

Procurement Tactics

DECEMBER 20, 2022

It details the stages of the process of contracts from drafting to post-signature tracking. Although some companies have their own stages of contracts, they still follow the same way in which the contracts will be created, reviewed, negotiated, signed, tracked, and renewed. . The free plan is up to 50 contracts a year. .

Contract 130

Contract Management e2e Contract management 130

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints conceptualized a technology solution using Ivalua’s Supplier Information Management , Sourcing and Contract Management solutions to streamline the end-to-end contract management and sourcing processes. .

Contract 130

Contract Collaboration Sourcing Contract management 130

The Good Spending

DECEMBER 14, 2023

SaaS procurement negotiations in today's business ecosystem have evolved to encompass multifaceted strategic considerations beyond traditional software purchases. The advent of cloud-based services, subscription-based models, and a greater emphasis on agility has reshaped the negotiation landscape. Key Negotiation Points: 1.

Negotiation 59

Negotiation Procurement Contract Price 59

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

NLPA (Next Level Purchasing Association)

JULY 9, 2024

Many may overlook this, but etiquette is key to a successful conclusion of contract negotiations. Some may even say etiquette would “soften” one’s negotiation power. The Power of Etiquette in Contract Negotiation What happens psychologically when the other side does not employ etiquette? That is not the case.

Negotiation 52

Negotiation Contract Contract management Suppliers 52

Procurement Heads

JANUARY 30, 2023

Procurement is more about contract management and negotiating great commercials for your business. The roles were different in nature as one involved closely managing warehouse colleagues whereas IT procurement is more office-based and strategic. I enjoy negotiating so that is also a bonus.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

Jaggaer

FEBRUARY 5, 2025

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. Some of the most effective techniques include supplier segmentation, e-auctions and competitive bidding, collaborative negotiations, and data analytics for demand forecasting.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

SCMDOJO

APRIL 20, 2023

Roles and Responsibilities Within the Procurement Department The procurement department is responsible for managing the purchasing and procurement process for a company or organization. Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] What does a Procurement Manager do?

Management 116

Management Procurement Contract management Supply Chain Optimization 116

Procurement Templates

JUNE 18, 2023

Build communication and negotiation skills: Effective communication and negotiation skills are vital for procurement leaders. Develop your ability to articulate ideas, build relationships with stakeholders, and negotiate contracts and agreements. Contract Management: Contracts play a crucial role in procurement.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147