Procurement Tactics

JANUARY 12, 2023

Logrolling Negotiation — Everything You Should Know. Logrolling negotiation is useful when making tradeoffs on the different perspectives of parties at the negotiation table. For this article, we will talk about what logrolling negotiation is. So without further ado, let us now dive into logrolling negotiation. .

Negotiation 184

Negotiation Budget Strategy Price 184

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Brazil Import and Export Statistics Brazil’s total export amounts to $27.4 billion and its total imports reach $19.1 Brazil’s top imports are: Refined Petroleum = $13.1B United States = $39.3B

Export 177

Export Import Negotiation Sustainability 177

Procurement Tactics

DECEMBER 19, 2022

How To Negotiate With A Business Partner. Unfortunately, negotiating can be tricky, particularly if it’s your first time doing it. Before stepping into any negotiation, try to list down all your deal breakers. To avoid that, it’s best to take inventory of what you own before you start the negotiations.

Negotiation 177

Negotiation Import Inventory Procurement 177

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Paraguay Import and Export Statistics Paraguay’s import and export activities open a positive outlook in 2023. Additionally, the country’s imports decreased by $320,100. and $1552166.00

Export 170

Export Import Negotiation Sustainability 170

Procurement Templates

NOVEMBER 21, 2024

Workshops on negotiation and supplier relationship management. 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. Coursera, Udemy).

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Tactics

MAY 11, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Thailand Import and Export Statistics — 15 Key Figures Thailand is a vibrant and rich country famous for its beautiful beaches, magnificent temples, flavorful cuisines such as Pad Thai and Tom Yum Goong.

Export 155

Export Import Negotiation Sustainability 155

Procurement Tactics

FEBRUARY 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Ultimate 2023 Negotiation guide — A Comprehensive Overview Negotiation is part of our everyday life. However, how can you negotiate professionally? Negotiation is used in every situation.

Negotiation 130

Negotiation Influencing Strategy Import 130

Spend Matters

NOVEMBER 5, 2024

Ongoing training is important for procurement teams to keep up with the constantly evolving and advancing procurement tech and services landscape, specifically in niche areas such as category management, supplier management, negotiation and strategic sourcing and in the broader areas of change management and leadership.

Procurement 110

Procurement Competitive analysis Strategic sourcing Strategic sourcing 110

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Check out the 3 E’s Negotiate Beyond Cost Savings: Seek value-add services from suppliers, such as extended warranties and training. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Procurement Tactics

FEBRUARY 26, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Conditional Proposals — The Ultimate Guide Conditional proposals can help you avoid giving something too important for you, especially if the other party does not want to compromise.

Negotiation 206

Negotiation Bidding Import Procurement 206

SCMDOJO

DECEMBER 29, 2024

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Read In Detail About Procurement Department Here 2. and sustainability.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

Spend Matters

OCTOBER 31, 2024

Because True ValueHub is collaborative in a way most costing solutions are not, the solution can support discussions and negotiations between buyers and suppliers based on facts, which is a condition for capturing more value for both sides. As mentioned above, it has distinct capabilities (e.g.,

Buyers 114

Buyers Raw materials Networking Suppliers 114

Procurement Tactics

MAY 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. Why Are They Important?

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them.

Sustainability 181

Sustainability Contract Procurement Negotiation 181

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter RFP Evaluation Criteria Best Practices RFP evaluation criteria best practices are ways you can do to make your RFP process to be efficient, consistent, and transparent. However, what are these best practices?

Bidding 212

Bidding Budget Negotiation Quality 212

Procurement Tactics

MAY 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Bullwhip Effect — Everything About Supply Chain Bullwhip effect can disrupt your supply chain and you must consider yourself lucky if you still have not experienced this. However, what is it? What causes it?

supply chain software solutions 212

supply chain software solutions Supply chain Supply Inventory 212

Procurement Tactics

APRIL 6, 2023

Importance of Sustainable Supply Chain The nature of the supply chain involves energy-intensive production and transportation as goods are made and moved around the world. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. CERTIFICATE COURSES Related courses about this subject 1.

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

Procurement Tactics

JUNE 6, 2023

However, how important is it in the supply chain? We will tell you its importance in the supply chain and how the blockage severely impacts the supply chain. Once you are done reading this article, you will know how important the Suez Canal is in international trade. In this article, we will discuss what the Suez Canal is.

Supply chain 204

Supply chain Supply Negotiation Import 204

Procurement Heads

DECEMBER 7, 2022

Paysafe is a leader in payment solutions and these partnerships are important for the business to grow by expanding our presence. So, while we’re definitely seeing a shift just like any other technical or digital trend, there is a place for both cash and digital payments and it’s important to facilitate both.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Vendor management Category management 246

Procurement Tactics

JULY 21, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. This can be an important way to reassure customers that yours is a “real” business, not a side hustle or a hobby. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.  Menu Course Library 1.

Negotiation 177

Negotiation Procurement strategies Sustainability Procurement 177

Procurement Tactics

JULY 4, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings.  Menu Course Library 1.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

SCMDOJO

MARCH 24, 2025

Why is Purchase Price Variance (PPV) Important? However, due to bulk purchasing negotiations, the company secures a discount and purchases the material at $4.50 This positive variance is achieved through effective negotiations, efficient internal management, and leveraging market opportunities.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Procurement Tactics

MAY 21, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Acquisition Cost — Everything You Should Know Acquisition cost helps businesses to accurately track the total cost of acquiring an asset. This helps you to negotiate better prices and reduce costs.

Negotiation 174

Negotiation Purchasing supply chain budgeting Procurement strategies 174

Procurement Tactics

APRIL 20, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. Why is a sustainable community important?

Sustainability 204

Sustainability Procurement strategies Negotiation Procurement 204

Procurement Tactics

MAY 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it? What Are Vendor Scorecards?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Procurement Tactics

APRIL 13, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Environment — Embracing Sustainability Sustainable environment is closely linked to the health of each life form living on this planet. Why is Environmental Sustainability Important?

Sustainability 195

Sustainability Raw materials Procurement strategies Negotiation 195

Procurement Tactics

JUNE 22, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. What are the Most Important Differences? Why is it important to understand the difference between these two orders?

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Procurement Tactics

APRIL 12, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Labor Practices — Embracing Sustainability Sustainable labor practices in procurement should be observed to ensure that the employees will have a safe working environment.

Sustainability 180

Sustainability Ethics Negotiation Procurement strategies 180

Procurement Tactics

JUNE 28, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. Procurement Tracking: Why is it Important?  Menu Course Library 1.

Supply Chain Efficiency 178

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

Procurement Tactics

JULY 21, 2023

We will discuss its importance and the steps for you to be able to reconcile your inventory effectively. Why is it Important? One of the main reasons why inventory reconciliation is important is that it helps businesses avoid overstocking or stockouts. However, what is it? CERTIFICATE COURSES 1.

Inventory 207

Inventory Negotiation Import Procurement strategies 207

Procurement Tactics

JUNE 8, 2023

We will discuss its importance and the areas you need to focus on in building a strong network design. Why is it Important? Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. However, what is it? In this article, we will define what supply chain network design is.

Supply Chain Optimization 211

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

Procurement Tactics

APRIL 17, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it?

Sustainability 201

Sustainability Procurement Negotiation Bidding 201

Procurement Tactics

JUNE 5, 2023

We will discuss why it is important and the benefits you can gain from the global supply chain. Why is it Important? Global supply chains are important because they allow businesses to source materials and products from all over the world, allowing them to access a wider range of resources and reduce costs.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Skill Dynamics

JANUARY 14, 2025

Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities. A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Procurement Tactics

APRIL 18, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Assessment — Embracing Sustainability in Procurement Supplier assessment is needed when selecting the right supplier to achieve sustainability in your procurement process. Why is it important?

Sustainability 196

Sustainability Suppliers Procurement Ethics 196

Spend Matters

FEBRUARY 25, 2025

Add to that lack of water-tight contracts, badly negotiated terms, money leakage, non-compliance Yet at the end of the day, its the business that has the most to gain: getting rid of inefficient manual data processes and paper-based comms trails, gaining visibility and reducing risk. Adoption will not happen automatically.

Real-time Visibility 113

Real-time Visibility e2e Procurement Negotiation 113