ProcurePort

MARCH 28, 2024

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal.

Negotiation 130

Negotiation Procurement Contract Price 130

SCMDOJO

FEBRUARY 15, 2025

One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them. Businesses can adopt Just-in-Time (JIT) inventory management or demand-sensing techniques to improve efficiency.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

Procurement Tactics

JULY 17, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. Contract Management: What is it?

Contract management 189

Contract management Contract Management Negotiation 189

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

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 Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. What is Inventory Management?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Let's Talk Supply Chain

MARCH 2, 2025

In this fast-paced economic landscape, the importance of strategic supplier relationship management cannot be overstated. Join ‍us as we delve into the world of Supplier Relationship Management, unlocking the secrets to success in the face ‍of tariff uncertainty.

Supplier relationship management 52

Supplier relationship management Data Suppliers Supply chain resilience 52

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

Procurement Tactics

JULY 19, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. In this article, we will discuss what warehouse management is. We will talk about the importance and the processes involved in managing your warehouse. Thus, you can effectively use some of our tips to improve your warehouse management.

Supply Chain Optimization 170

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

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software? Online Certification Program. ?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

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 106

Procurement Competitive analysis Strategic sourcing Strategic sourcing 106

Procurement Tactics

OCTOBER 6, 2022

RFP in Project Management — Everything You Should Know. RFP in project management is an important part of the procurement process as it gives you relief once you finally submitted the finished proposal. However, how do you manage your RFPs in your company? . RFP in Project Management. Online Certification Program. ?

Project management 180

Project management Management Bidding Buyers 180

SCMDOJO

DECEMBER 29, 2024

However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management. Learn More About Challenges Faced In Procurement Management And Their Solutions 5. and sustainability.

Supply Chain Efficiency 95

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

Procurement Tactics

JANUARY 23, 2023

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient.

Real-time Visibility 202

Real-time Visibility Management Supply Chain Efficiency supply chain budgeting 202

Procurement Tactics

JULY 20, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. Supplier Order Management Software: What it is?  Menu Course Library 1.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Tactics

DECEMBER 6, 2022

Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. We will tell you the challenges and benefits of spending management. What is Spend Management?

Spend management 172

Spend management Management Real-time Visibility Budget 172

Procurement Templates

JANUARY 5, 2024

Creating a comprehensive contract management checklist involves several key steps to ensure effective oversight and compliance. Negotiation and Approval: Initiate negotiations with involved parties. Ongoing Management: Schedule regular reviews of contract performance. Identify stakeholders and their roles.

Contract management 130

Contract management Contract Management Negotiation 130

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. Efficient accounts payable management isnt just about paying billsits about saving time, preventing errors, and building trust with vendors. What's PLANERGY?

Management 52

Management Budget Negotiation Purchasing 52

SCMDOJO

DECEMBER 29, 2024

Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students. However, this procurement course aims to introduce you to the procurement management and administration process.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Let's Talk Supply Chain

MARCH 2, 2025

In a whirlwind of developments in the world‍ of supply chain management, the latest headlines are buzzing with the news of boeing machinists bringing an end to thier strike. Alongside this, the Institute ‍for Supply Management has also made waves with their latest updates.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 52

Spend Matters

DECEMBER 23, 2024

Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results and the DACH SME Procurement Barometer 2024. Customers use Onventis to consolidate suppliers and negotiate better terms.

Procurement 115

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 115

Planergy

MARCH 10, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. But how can schools and trusts optimize their expense management? A trust might negotiate discounts on bulk purchases of cleaning supplies, benefiting all member schools.

Strategy 52

Strategy Management Budget Spend management 52

Spend Matters

APRIL 2, 2024

Over the last several years, a mix of traditional and generative AI (GenAI) have made their way into vendor management solutions and changed how contingent labor and service workers are engaged and managed. The post Meet AI in Vendor Management Systems appeared first on Spend Matters. This content is for members only.

Vendor management 112

Vendor management Management Strategic planning Sourcing 112

ivalua

MAY 31, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted.

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 264

Price Strategy Sourcing Real-time Visibility 264

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

JUNE 22, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. A business expert or a procurement manager can know the difference between a sales order and a purchase order, but these two documents are the same for many others.  Menu Course Library 1. What is a Sales Order?

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Spend Matters

FEBRUARY 25, 2025

So, considering its past record of poorly managing digital initiatives and the growing need to respond to ever more frequent and profound changes (both representing threats and opportunities), Procurement must urgently learn from the past and find new ways to transform and move forward. Roll-out and deployment plans (what, where, when, how).

Real-time Visibility 106

Real-time Visibility e2e Procurement Negotiation 106

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

Logistics 207

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

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

Spend Matters

FEBRUARY 14, 2024

This Spend Matters Vendor Analysis Update provides an overview of Pactum and its solution for long-tail negotiations. Once a Spend Matters Future 5, Pactum has continued to grow in recent years to make negotiation autonomous for large organizations. This content is for members only. Visit the site and log in/register to read.

Negotiation 101

Negotiation Buyers Contract Suppliers 101

Procurement Tactics

AUGUST 25, 2022

Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . Want to take your negotiation results to the next level? Sebastian Chua. Trillion budget. .

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

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?

supply chain software solutions 212

supply chain software solutions Supply chain Supply Inventory 212

Procurement Tactics

JULY 2, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. When it comes to procurement, a job order is created to initiate and manage the procurement process.  Menu Course Library 1. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. Negotiation Your procurement specialists must be able to negotiate effectively with your suppliers.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Spend Matters

JANUARY 23, 2025

This article will outline those limitations and propose that invoking competitive negotiations with machine learning solutions such as Arkestro is the optimal way to evaluate the market competitiveness of price quotes. Thus, should-cost models often misrepresent what constitutes a good price.

Price 96

Price Negotiation supply chain software solutions Supply Chain Optimization 96

Procurement Tactics

MAY 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. It manages transportation, warehousing, and distribution services.

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

SCMDOJO

FEBRUARY 16, 2025

This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception. The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting.

Supply Chain Efficiency 59

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 59