SCMDOJO

MARCH 24, 2025

Suppliers whose prices fluctuate significantly over time may not be suitable for long-term partnerships, whereas those who consistently provide products at estimated costs can be considered for future contracts. Then the Cost Breakdown Analysis Template is the perfect tool for you! It helps determine the accuracy of supplier pricing.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Una

SEPTEMBER 22, 2022

It’s impossible to have the most current or newest application implemented at all times. Lack of visibility into spend and contract data also contribute to the difficulty of managing IT spend. As you begin to navigate this category, some of the same strategic sourcing best practices can be used as a guide to IT procurement as well.

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

Skill Dynamics

OCTOBER 19, 2023

Effective role-based training for sourcing managers therefore includes training that sharpens their strategic thinking, supplier assessment, and market analysis skills. Their main objective is to ensure that supplier contracts align with the business’s objectives and protect its interests at all times.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 52