Demand Planning Price Sourcing 
ivalua
SEPTEMBER 3, 2015
Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. It requires the building of trust and the development of shared goals.
Procurement Templates
NOVEMBER 21, 2024
Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Resources: Online courses on strategic sourcing (e.g.,
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Procurement Templates
DECEMBER 11, 2024
Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Savings can be cashable or non cashable i.e. cost avoidance.
ivalua
SEPTEMBER 3, 2015
Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. It requires the building of trust and the development of shared goals.
SCMDOJO
DECEMBER 14, 2023
In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.
SCMDOJO
APRIL 11, 2025
Control Costs: Track value beyond just the purchase price and manage inventory effectively. A lower TCO indicates better value sourcing, even if the initial purchase price isn’t the absolute lowest. Is the initial negotiation focused too much on price alone? Internal warehouse or planning problems?
The Good Spending
APRIL 2, 2023
The lion's share of procurement value could be created in the planning stage. To do that, we must establish trustful relations with budget owners, master some inventory and consumption forecasting methods, build and maintain complex SKU and price databases, and much more. Demand planning and consolidation 4.
Expert insights. Personalized for you.
173 
Let's personalize your content