Remove Contract management Remove Sourcing Remove Supply Chain Analytics
article thumbnail

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

Procurement Templates

Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Resources: Online courses on strategic sourcing (e.g., Workshops on negotiation and supplier relationship management. Free online tutorials on data visualization and analytics.

article thumbnail

Cost Performance Index (CPI): What is it and How to Calculate it?

SCMDOJO

indicates cost inefficiency, signaling a need for supplier negotiations or alternative sourcing strategies. Benefits of Using CPI in Supply Chain Operations Early Identification of Cost Overruns: CPI helps businesses identify cost inefficiencies before they escalate, enabling corrective action. A CPI of 0.83

professionals

Sign Up for our Newsletter

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

article thumbnail

Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

In the absence of communication, even the best suppliers can only deliver marginal value at best. For optimal effectiveness, supplier selection, contract management , and supplier development must be supported by consistent, streamlined, and transparent collaboration.

article thumbnail

What is Supply Chain Management? A Guide to Success

SCMDOJO

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

article thumbnail

Top 20 Verified Supply Chain Experts You Can Hire

SCMDOJO

Hire any of them as your supply chain consultant and see the difference! Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. They come from a variety of backgrounds. Connect Now!

article thumbnail

What the Coupa software acquisition means for procuretech

Procurement Software

Cloud hadn’t really made much of an imprint on the Source-to-Pay (S2P) space. There’s an increasing focus on having a “platform” as a single source of truth for your data. What’s in it for them to choose Coupa, or any legacy source-to-pay suite for that matter? Cloud-based software wasn’t as much of a thing. This isn’t over yet.

article thumbnail

Chat GPT Take on Procurement Leadership

Procurement Templates

For the most up-to-date information, I recommend referring to industry publications, company announcements, and business news sources. These courses cover topics such as strategic sourcing, supplier management, contract negotiation, procurement analytics, and risk management.