ivalua

JANUARY 29, 2020

Now there is a time and a place for price negotiation of course, but if you are an organisation where speed, innovation and agility is really important, key suppliers who play essential roles need to be handled differently. . Project management means managing against robust plans, laying out deliverables, resources, costs, risks and so on.

Collaboration 164

Collaboration Innovation Agile and Lean Supply Chain Procurement 164

Procurement Tactics

JUNE 19, 2023

You can gain all the skills and knowledge that you need online and particularly from digital procurement courses that cover negotiation, procurement strategies, and sustainable procurement. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

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

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

SCMDOJO

FEBRUARY 26, 2025

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. indicates cost inefficiency, signaling a need for supplier negotiations or alternative sourcing strategies.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Procurement Leaders

DECEMBER 9, 2022

We are also doing more cost breakdowns of material prices, which although usual in negotiations, are even more important in the current environment to verify and understand what drives price impact and what optimiation/negotiations levers are available.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

Procurement Tactics

OCTOBER 18, 2022

Additionally, it allows managers to build better relationships with suppliers based on the importance of each supplier. . SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . What is Supplier Relationship Management Software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Supply Chain Game Changer

JULY 26, 2021

Project Management Certifications. Project management certifications include the gold standard PMP and a long list of others–Certified Associate in Project Management (CAPM), Master Project Manager (MPM), Certified Project Manager (IAPM) and the CompTIA Project+.

Project management 98

Project management Supply chain management Supply chain management Raw materials 98

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Procurement Tactics

SEPTEMBER 14, 2022

Want to take your negotiation results to the next level? This allows the project managers to analyze the outcome of the different implemented activities. Negotiation Gamechanger Certificate Program. Editor's note: Hi there! My name is Marijn Overvest, I'm the founder of Procurement Tactics. ENROLL NOW. Harness Data.

Sustainability 178

Sustainability Logistics Raw materials Supply Chain Efficiency 178

Procurement Tactics

AUGUST 29, 2022

Want to take your negotiation results to the next level? Even though submitted tenders propose final terms, the e-procurement process can include the negotiating terms and bidding auctions before vendor selection. . Negotiation Gamechanger Certificate Program. Universities or other organizations. Editor's note: Hi there!

Competitive bidding 130

Competitive bidding Bidding Contract Suppliers 130

SCMDOJO

DECEMBER 14, 2023

Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. Negotiation and Contractual Agreements: Getting the Best Deal With a list of potential suppliers in hand, the sourcing agency takes on the role of a skilled negotiator. When do you need the Sourcing Agency?

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Procurement Tactics

MAY 25, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Kanban System — Everything You Should Know Kanban System is gaining popularity and has spread to many industries from construction to procurement to optimize workload. However, what is it?

Inventory 130

Inventory Supply Chain Optimization Negotiation supply chain software solutions 130

ivalua

MAY 18, 2022

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Effectively managing suppliers is now one of the most important factors in organizational success.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

Procurement Tactics

NOVEMBER 28, 2022

It builds organization-wide accountability for growing revenue that includes marketing and pricing strategy, project management, and human resources. . Negotiation Course For Procurement Professionals. Revenue growth looks beyond cost-savings and sales as a shortcut to profit. Frequently asked questions. LEARN MORE.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Inventory Budget 130

Supply Chain Game Changer

NOVEMBER 23, 2018

I am the President and CEO of ProcurePro Consulting a boutique procurement and project management consulting firm. Despite six months of further negotiation, it ended in tens of millions in lost savings for the business and a less than trusting relationship with the supplier. www.ProcurePro.ca. How can people contact you?

Leadership 80

Leadership Supply Chain Optimization Supply chain Strategic sourcing 80

World of Procurement blog

APRIL 23, 2024

Below are the top 20 skills they need to master: Negotiation Skills : The ability to negotiate favorable terms, conditions, and prices is essential. Contract Management : Navigating, drafting, and managing contracts with vendors. Project Management : Leading procurement projects from inception to completion.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Below are the top 20 skills they need to master: Negotiation Skills : The ability to negotiate favorable terms, conditions, and prices is essential. Contract Management : Navigating, drafting, and managing contracts with vendors. Project Management : Leading procurement projects from inception to completion.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

ivalua

FEBRUARY 24, 2021

Improved Supplier Collaboration – As suppliers become increasingly important to organizational success, customers can create and project manage various types of supplier collaborations, including Innovation Plans and Corrective Action Plans. Sourcing Innovations: .

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

ivalua

MAY 6, 2021

You can get more business value by taking that workload away from those professionals so they can focus on higher-level tasks, such as contract negotiation or risk assessments.” . It can help securely share information, make communication more efficient and improve project management. .

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Leaders

JUNE 9, 2022

A dedicated role of Procurement Capability Manager (PCM) was created to lead the initiative with the support of Governance & Planning teams, PLT, and subject-matter experts. An internal hire, the PCM was chosen for their deep knowledge of procurement processes and systems, project management and people development skills.

Category management 130

Category management Strategy Procurement Innovation 130

The Good Spending

JULY 11, 2022

Procurement Lab": online business course for beginners and experts This online course isn't about generic purchasing, supplier management, or negotiations. Iron Triangle of Project Management. Fixed-scope negotiations. Strategic procurement management vs. purchasing. Definitions of Agile. Reverse marketing.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Project management 52

Procurement Heads

JUNE 14, 2023

I have done various roles throughout that time in project management, commercial, finance, strategy, and then latterly in procurement. Network Rail gets a five-year funding settlement from the Government for which I led the negotiation a few years ago. It has been much more of an evolution over my career.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Procurement Heads

FEBRUARY 6, 2023

In the management analysis, I was almost off the scale for two so I like to lead people, but also, I am quite creative and I felt that procurement lends itself to that. You have to lead negotiations and small teams but also you need to be innovative so procurement met my natural requirement. I like the cut and thrust of it.

Procurement 130

Procurement Price Negotiation Management 130

Procurement Software

FEBRUARY 7, 2023

Why business travel will still be necessary First of all, I strongly believe that having important business negotiations face-to-face, or meeting warm business prospects in person to close the deal, will continue to be vital. In the past, as a best case you would have most likely managed projects through MS Project and SharePoint.

Procurement 59

Procurement Project management Supplier relationship management Collaboration 59

World of Procurement blog

OCTOBER 13, 2020

When we speak about Capital Expenditures or commonly called CAPEX in an organization, generally speaking, they are managed either by a Project Manager or their future users (the concerned department of the organization). We can consider CAPEX management is like project management as they have two similar main characteristics.

Management 52

Management Procurement Buyers Negotiation 52

IBM Supply Chain Blog

APRIL 19, 2023

Greater transparency and trust in data provide a central project management solution for project forecasting and P&L Reporting.

Data 81

Data Budget Project management Risk 81

Planergy

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 7 Tips For Managing Project Budgets Successfully. Budget Management Procurement Project Management. Start with a Realistic Project Budget. Start with a Realistic Project Budget. Written by.

Budget 52

Budget Management Project management Import 52

Arkestro

JANUARY 23, 2024

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

The Good Spending

AUGUST 23, 2022

The fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration. Cash flow improvement is achieved by negotiating favorable payment terms and using supplier or country of origin trade financing vehicles.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Supply Chain Game Changer

FEBRUARY 15, 2022

They were all very smart people, the understood the mechanics of Supply Chain and project management, yet their approaches always came up short. Typically they would pick one area of Inventory Management to tackle first. Maybe it was lead times, or excess & obsolete inventory, or parameter management.

Supply chain management 92

Supply chain management Supply chain management Supply Chain Optimization Agile and Lean Supply Chain 92

Barkers Procurement

MAY 25, 2022

Category management. Barkers started category councils and reviewed tendering and negotiations practices, delivering £750k savings in the first year. Contract management system implementation: Visibility of ongoing contracted spend. Contractor compliance management tool implementation. Challenge Solution Result Challenge.

Contract management 52

Contract management Supplier relationship management Negotiation Contract 52

Supply Chain Game Changer

JUNE 11, 2019

Planning, analysis, scheduling, time management, risk mitigation, management, real time problem solving, decision making, leading, change management, process development and design, project management, presenting, financial management, conflict resolution, and negotiating are just some of the skills that any Supply Chain job will develop in you.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization Supply chain 105

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. Contract Management 9. Users are able to use all of Trakti’s negotiation processes with no limitations.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

SCMDOJO

JANUARY 17, 2024

Materials Manager Annual salary : $110,340 (median) Required degree : Bachelor’s Materials managers ensure that everyone across the supply chain has enough resources to work efficiently. To advance in this field, you need to develop strong communication, project management, and analytical skills.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

NLPA (Next Level Purchasing Association)

JANUARY 14, 2022

Engage suppliers’ top management. Identify specific development projects. Manage the projects using project management best practices. A similarity between negotiation and supplier development is that you must watch your size versus a supplier’s size. Identify suppliers for development.

Suppliers 52

Suppliers Supply Project management Contract management 52

Skill Dynamics

OCTOBER 8, 2024

Key Findings Observations and challenges within the supply chain: Interpersonal Skills: 72% of survey respondents highlighted interpersonal skills as critical to their roles, with cost management (71%), strategy (65%), and project management (62%) also deemed essential.

Supply chain management 52

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 52