Remove Demand Planning Remove Purchasing Remove Quality
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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Conduct Supplier Assessments: Regularly evaluate supplier performance using scorecards focused on quality, delivery, and cost. Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions. SAP, Oracle) Procurement software (e.g., Coursera, LinkedIn Learning).

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A Detailed Comparison of edX Supply Chain Courses vs. SCMDOJO Academy

SCMDOJO

While edX is a well-known general online learning platform that offers a broad range of courses, SCMDOJO is a dedicated platform solely focused on providing high-quality education and resources for supply chain professionals. A general platform covering various subjects, including supply chain.

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This is NOT thought leadership, it’s practical talk about Supplier Value Management

ivalua

The co-dependency that is increasingly common between suppliers and their customers is gradually eroding out-of-date bullying tactics in purchasing. Going forwards, customer-of-choice behaviors like sharing demand plans, collaborating on cost savings and jointly developing intellectual property are deepening their roots.”.

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

Jaggaer

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Work collaboratively with suppliers in real time to improve parts and material quality while responding quickly based on demand forecasts.

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How Did AI Hurt Red Lobster But Help ALDI?

Procurement Insights

Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. Kenny’s decision came “in apparent coordination with Thai Union and under the guise of a ‘quality review,’” Red Lobster said.

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From Spend to Supply — Coupa’s direct spend management progress

Spend Matters

Purchase Order (PO) collaboration for buyers and suppliers to know in real-time the status of POs and Scheduling Agreements (SA), acknowledgements, ASNs, etc. Forecast collaboration on forecasts and demand plans to anticipate shortages or bottlenecks and automate exception management.

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What is a Sourcing Agency and How does it work?

SCMDOJO

Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO! Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards.

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