ivalua

FEBRUARY 10, 2023

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

MAY 23, 2023

The bullwhip effect is a phenomenon that occurs in supply chain management where small fluctuations in demand can result in large variations in supply chain activities, such as inventory levels, production schedules, and transportation. This overestimation of demand and overproduction of goods can cause a misalignment in the supply chain.

supply chain software solutions 212

supply chain software solutions Supply chain Supply Inventory 212

Spend Matters

SEPTEMBER 1, 2022

The physical redistribution of co-workers shook up existing processes, so procurement leaders had to find ways to provide the necessary tools to those redistributed workers while maintaining business efficiencies and compliance. So how are companies meeting these new demands?

Demand 98

Demand Procurement strategies Procurement Procurement team 98

Procurement Tactics

MAY 2, 2023

Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Additionally, it helps ensure that your procurement processes are conducted responsibly, ethically, and sustainably.

Sustainability 204

Sustainability Procurement strategies Negotiation Ethics 204

Jaggaer

MARCH 24, 2025

These procurement technologies empower teams to move beyond traditional methods, using data-driven insights for smarter sourcing, demand forecasting, and risk management. Spend Analytics: Maximizing Efficiency and Driving Cost Reduction Why Its Critical: Spend analytics is a cornerstone of a procurement technology transformation.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

Procurement Tactics

APRIL 5, 2023

In doing this, it incorporates the CSR concepts into the company’s procurement processes while ensuring a long-term plan to meet functionality demands. By doing this, the role of sustainability in procurement is to identify and reduce the environmental impacts of the procurement process.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? Benefits of CPFR 1.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Procurement Tactics

APRIL 3, 2023

Business sustainability, also known as corporate sustainability , is the management and coordination of environmental, social, and economic demands. Right now, as many people are continuously demanding sustainability in every sector, businesses are seeing both pressure and opportunity in establishing their goals regarding sustainability.

Sustainability 183

Sustainability Procurement Supply Chain Efficiency Procurement strategies 183

Procurement Tactics

JUNE 8, 2023

Thus, ensuring that you can always fulfill the demands of your customers. This helps companies ensure they always have enough stock to meet customer demands and warns them if they are running low. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. What is Inventory Management?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Procurement Tactics

APRIL 18, 2023

Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain high profitability while moving toward sustainability Assessing and Selecting Suppliers Assessing and selecting suppliers is not an easy task.

Sustainability 196

Sustainability Suppliers Procurement Ethics 196

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Procurement Tactics

JUNE 8, 2023

This involves taking into account various factors such as demand variability, lead times, transportation costs, inventory holding costs , and other operational costs. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Why is it Important? Why is it important?

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.  Menu Course Library 1.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. This strategy builds strategic partnerships, mitigates risks, and ensures a smooth flow of goods and services. This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Procurement Tactics

APRIL 17, 2023

In doing this, Companies must integrate CSR concepts into their procurement processes while ensuring a long-term plan to meet demands. By doing this, the aim of sustainability in procurement is to identify and reduce the environmental impacts of the procurement process.

Sustainability 182

Sustainability Suppliers Influencing Purchasing 182

Procurement Tactics

MAY 22, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. Why is it important?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Procurement Tactics

APRIL 4, 2023

Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain high profitability while moving toward sustainability Benefits of a CSR Policy 1. CERTIFICATE COURSES Related courses about this subject 1.

Sustainability 192

Sustainability Procurement Ethics Procurement strategies 192

Procurement Tactics

JUNE 19, 2023

With the increasing demand for faster and streamlined transportation of goods, companies are leveraging AI to automate processes and optimize their operations. It is also used to improve the accuracy of demand forecasting, inventory management , and transportation planning. CERTIFICATE COURSES Related courses about this subject 1.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Procurement Tactics

APRIL 11, 2023

In doing this, Companies must integrate CSR concepts into their procurement processes while ensuring a long-term plan to meet functionality demands. By doing this, the aim of sustainability in procurement is to identify and reduce the environmental impacts of the procurement process.

Sustainability 201

Sustainability Negotiation Procurement Procurement strategies 201

Procurement Tactics

JUNE 6, 2023

in 2024 as the commodity prices ease and domestic demand stabilizes. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. in 2023 and 5.0%

Export 204

Export Import Sustainability Negotiation 204

Arkestro

JUNE 4, 2024

Resources / Blog / Unleashing Efficiency: The Benefits of Autonomous Sourcing in Procurement Strategies Unleashing Efficiency: The Benefits of Autonomous Sourcing in Procurement Strategies Discover how autonomous sourcing revolutionizes procurement strategies, streamlining processes and maximizing efficiency for businesses of all sizes.

Procurement strategies 52

Procurement strategies Sourcing Strategy Procurement 52

Procurement Tactics

APRIL 13, 2023

Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. However, it might be harmful as there will be a rise in demand for plant-based materials. CERTIFICATE COURSES Related courses about this subject 1. It is made to reduce the environmental footprint of traditional packaging.

Sustainability 195

Sustainability Raw materials Procurement strategies Negotiation 195

Procurement Tactics

JUNE 28, 2023

It plays around with the Law of Supply and Demand and is the backbone of Global Trade. It follows the principles of supply and demand as it is the driving force of commodity markets. Demand is affected by changes in supply and lower supply means higher prices and vice versa. What is Commodity Trading? What is Commodity Trading?

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

If theres one thing weve learned in 2024, its that effective procurement strategies can make all the difference in a teams success. Whether its about navigating complex supplier relationships, managing costs, or preparing for unpredictable challenges, procurement leaders have shown that adaptability and innovation are key.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.  Menu Course Library 1.

Supply Chain Efficiency 178

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

Procurement Tactics

JUNE 8, 2023

Furthermore, the country expanded its ethanol and crude oil exports to China and other European countries to meet the surging oil demand since the Russia sanction started. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. CERTIFICATE COURSES Related courses about this subject 1.

Export 177

Export Import Negotiation Sustainability 177

Barkers Procurement

MARCH 14, 2023

As well as benefiting from the digital tools the consultant has at their disposal (and which they may place at yours too), the consultancy can lend a major boost to your procurement strategy. From there, your team, business or department can make decisions and work with your consultants to devise a solid procurement strategy.

Procurement strategies 59

Procurement strategies Strategy Procurement Contract 59

Procurement Tactics

MAY 14, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. billion (16.4%

Export 203

Export Import Negotiation Sustainability 203

Procurement Tactics

MARCH 27, 2023

Supply chain forecasting refers to the process of predicting demand by looking at past and present information to help businesses make decisions about their plan, budget, and stock inventory. Having too little in stock means running out at unfortunate times when the demand is high, causing your buyers to buy elsewhere.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

Procurement Tactics

JULY 19, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5.  Menu Course Library 1.

Supply Chain Optimization 170

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 170

Procurement Tactics

JULY 4, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.  Menu Course Library 1.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Leaders

DECEMBER 22, 2024

As CPO and leader of procurement strategy, you deserve a break because the past 12 months have been challenging to say the least. In fact, its a good job that your average chief procurement officer is naturally drawn to complex problems because there was a rich vein of them through 2024. First, happy holidays!

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Chief Procurement Officer Consumer demands Procurement strategies 130

Jaggaer

AUGUST 4, 2020

We sat down with Richard Hogg, Managing Director, JAGGAER UK, and Jim Rawlings, Commercial Direc tor, UK Ministry of Justice, to talk through the challenges and misconceptions about digital procurement in the public sector. In an era of austerity, procurement teams are facing increasing demand to save taxpaye r pounds.

Supply Chain Efficiency 78

Supply Chain Efficiency Demand Procurement supply chain software solutions 78

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. By implementing the right strategies, CFOs can reduce costs while still maintaining high quality standards. You would like to work effectively together, but where do you even get started?

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Procurement Tactics

APRIL 27, 2023

Everything is susceptible to change, especially businesses that always need to adapt to the changing demands and tastes of their consumers. New strategies, initiatives, risks, improvements, and opportunities are what drive changes in a business. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3.

Sustainability 213

Sustainability Procurement Negotiation Strategy 213

Procurement Tactics

MAY 31, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands. Thus, enabling you to meet the demands of your customers. However, what is it?

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. to meet the unique needs of each category.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40