Cost of ownership Demand Planning Price 
Procurement Templates
NOVEMBER 21, 2024
Negotiation Skills Actionable Steps: Prepare Thoroughly: Research suppliers’ market position and pricing strategies before negotiations. Use Data-Driven Arguments: Leverage cost breakdowns and benchmarks to negotiate better terms. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,
Procurement Templates
DECEMBER 11, 2024
Value for Money: Maximize value through total cost of ownership (TCO) analysis and supplier performance evaluations. Check out the 3 E’s Negotiate Beyond Cost Savings: Seek value-add services from suppliers, such as extended warranties and training.
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SCMDOJO
APRIL 11, 2025
Control Costs: Track value beyond just the purchase price and manage inventory effectively. Struggling with the true cost of ownership or serving your customers? A lower TCO indicates better value sourcing, even if the initial purchase price isn’t the absolute lowest. Internal warehouse or planning problems?
Supply Chain Game Changer
SEPTEMBER 29, 2020
The global Inventory management business processes that we focussed on made phenomenal improvements: Supply/Demand Planning. The gap in our ERP planning between demand and supply was reduced by 85%, resulting in a significant reduction in over ordering. Raw Material Management.
Empowering CPO
JUNE 27, 2023
It helps identify opportunities for inventory management, pricing negotiations, and demand planning. Cost Variations: Analyzing spending patterns within specific categories reveals cost variations across suppliers, geographies, or time periods.
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