Procurement Templates

NOVEMBER 21, 2024

Negotiation Skills Actionable Steps: Prepare Thoroughly: Research suppliers’ market position and pricing strategies before negotiations. Continuous Professional Development Actionable Steps: Join Professional Networks: Engage with organizations like CIPS, ISM, or APICS for resources and connections. Coursera, LinkedIn Learning).

Agile and Lean Supply Chain 130

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

Supply Chain Game Changer

AUGUST 23, 2022

Many businesses rely on it for communication, customer service, running eCommerce websites, and as a source of information about trends and emerging ways of doing business so they cannot tolerate poor network performance. Other factors to consider include uptime, pricing, support, bandwidth, etc. Slow Response Times.

Networking 96

Networking Supply chain Collaboration Price 96

SCMDOJO

NOVEMBER 12, 2024

Watch videos on SCMDOJO’s YouTube channel to learn more about its products, pricing, and features! Moreover, the higher the prices, the smaller the community. SCMDOJO For SCMDOJO, however, the courses offered are priced more or less at standard rates, at $49/per course. Click here!

Supply chain 98

Supply chain Supply chain management Supply chain management Supply 98

Supply Chain Game Changer

SEPTEMBER 13, 2022

Have you found that the consistent supply and reasonable prices in the Electrical Supply Chain that you were used to before COVID-19 hit have not returned as soon as you hoped, or as soon as some experts predicted? Adding to the misery, rising fuel costs drove prices up. Copper prices have risen 8.97% from one year ago.

Price 85

Price Supply chain Supply Raw materials 85

All Things Supply Chain

APRIL 16, 2021

Rising jet fuel price puts extra pressure on airfreight sector The rising price of jet fuel this year is further burdening companies with airfreight shipments, and could reduce limited capacity…

Supply chain 225

Supply chain Price Supply Networking 225

SCMDOJO

FEBRUARY 15, 2025

Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times. Businesses need to identify vulnerabilities in their networks, from supplier dependencies to transportation delays.

Project management 91

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

Procurement Tactics

JUNE 28, 2023

Demand is affected by changes in supply and lower supply means higher prices and vice versa. Increases in prices mean increased production costs and higher inflation rates. Agricultural commodity changes are a great factor in food price trends while price fluctuations in metals and minerals affect the Manufacturing Sector.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

ivalua

MAY 30, 2023

By ensuring that the right goods and services are purchased at the right price and delivered on time, procurement can help to ensure that a company or organization achieves its goals. When businesses start sourcing local goods and services, they are presented with new opportunities to network and form strong bonds with local business owners.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Let's Talk Supply Chain

MARCH 24, 2025

Key players in the electronics supply chain are facing unprecedented challenges, including: Volatility in Pricing: Fluctuations in tariffs and trade policies are impacting the cost of components and raw materials.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Procurement Insights

FEBRUARY 18, 2025

EDITOR’S NOTE: I have recently completed a preliminary analysis of Packaging & Container Companies’ challenges to enable greater supplier collaboration and automation around the purchase order process, including PO confirmations, shipment notices, and price/quantity changes.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

Procurement Insights

APRIL 8, 2025

Enhanced Interoperability and Collaboration: Metaprise with ABM: Facilitates seamless collaboration across different procurement platforms and stakeholders, supporting multi-enterprise interoperability and network intelligence. Example Agents negotiate dynamic pricing with suppliers based on real-time market conditions.

Supply Chain Optimization 69

Supply Chain Optimization Supply Chain Efficiency Procurement Agile and Lean Supply Chain 69

Procurement Templates

AUGUST 28, 2024

Similarly, prolonged droughts in agricultural regions have affected the global supply of food and beverage products, leading to price volatility and scarcity. The global economy is facing multiple headwinds, including inflationary pressures, fluctuating commodity prices, and volatile currency exchange rates.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Procurement Tactics

JANUARY 5, 2023

Most of the time, there will be a difference in price for certain items between one supplier and another. This is helpful as it encourages procurement professionals to check more than one eCommerce to find the item that they need for the right price. PunchOut2Go.

Buyers 179

Buyers Purchasing Suppliers Price 179

Jaggaer

FEBRUARY 5, 2025

When assessing bids following an eAuction, the process typically involves a combination of automated tools and human decision-making, especially when evaluating factors beyond just price. Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Let's Talk Supply Chain

FEBRUARY 24, 2025

This collaboration allowed both carriers to optimize network coverage, reduce operational costs, and improve service reliability. Streamlined Port Operations The new network focuses on optimizing port rotations and minimizing congestion.

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Contract 52

Let's Talk Supply Chain

NOVEMBER 16, 2022

A broker is only as good as their network of carriers. Unfortunately, many brokers don’t strategically approach building their carrier network proactively. The depth of a broker’s carrier network has a substantial impact on pricing and procurement decisions. Develop a pricing strategy and stick to it.

Price 98

Price Networking supply chain software solutions Strategic planning 98

ivalua

MARCH 27, 2023

The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. The Invoice Hub Unfortunately, this just won’t work if the AP process is locked behind “old school” networks like Basware, Coupa, Tungsten, or Ariba.

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

Procurement Tactics

JUNE 5, 2023

Defining Global Supply Chain Global supply chain refers to the network of companies and resources involved in the production, distribution, and delivery of goods and services around the world. Organizations may also refer to them as global production networks or global value chains.

supply chain budgeting 192

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

Arkestro

NOVEMBER 12, 2024

The Pitfalls of Catalog Pricing Catalog workflows, often compared to Amazon-style experiences, have made it easier for organizations to delegate spend management to other teams. Pricing in these catalogs can quickly become stale, as it is not updated regularly to reflect market changes. However, this convenience comes with a downside.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

The ideal criteria for partner selection encompasses both pricing and non-pricing details to pinpoint suppliers that are aligned with your goals. When suppliers complete their own registrations and maintain their own pricing, catalogs, and availability, it frees up time for procurement professionals.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

MAY 19, 2022

Employers have to offer higher wages to attract in-demand talent, which in turn raises the prices of products. Consumers want fast, accurate, and direct shipments, leading less-than-truckload (LTL) carriers to adjust distribution networks to better address order fulfillment from multiple locations. Low Land Cargo Capacity.

supply chain budgeting 95

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

Spend Matters

AUGUST 19, 2024

The company goes beyond traditional costing approaches through a network/marketplace where suppliers maintain rich information on their cost structures (SG&A, machine rates, etc.)

Category management 117

Category management Buyers Influencing Sourcing 117

Procurement Insights

MAY 26, 2024

” Aldi is already known for its low prices (especially with those monthly Aldi Finds ), but the fan-favorite retailer is about to offer us even more ways to save money. This summer, Aldi is cutting prices so low, they want customers to save a collective $100 million. That’s right.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

Procurement Heads

JANUARY 4, 2023

Yet this is at a time when many suppliers are looking to renegotiate commercial arrangements due to supply disruption or pass on inflationary pricing increases because they’re dealing with higher wages and bills. Visit suppliers’ premises, listen and speak at events, and network with other professionals. Join networks.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

Procurement Tactics

AUGUST 21, 2022

If the organization works alone, it has to pay the supplier’s full price for the materials because they are only limited to buying a certain quantity of materials. . By increasing the predicted purchase volume, purchasing groups can negotiate with suppliers to lower the prices of the goods or services they will acquire.

Purchasing 130

Purchasing Negotiation Networking Suppliers 130

Jaggaer

APRIL 9, 2025

Together, an ERP and an MES create an integrated network that provides a holistic view of finance, procurement, supply chain management, manufacturing logistics etc. But investigate the total cost of ownership (TCO) rather than price alone consider licensing, implementation, maintenance, and training costs.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials supply chain software solutions 52

Procurement Insights

APRIL 3, 2025

High Cost of Participation Premium pricing for startups and vendors to exhibit or speak. Networking Opportunities Global Collaboration : DPW attracts a diverse audience of procurement professionals, technology providers, and thought leaders, fostering valuable connections and knowledge-sharing. AI, orchestration, agentic intelligence).

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

Supply Chain Game Changer

JANUARY 14, 2022

Becoming a part of PKT network is not too demanding, and it can bring you high profits and a chance to be a part of the real digital revolution. If you have excess bandwidth, you can trade it for coins with people in the network. Sure, their current price is low (about a tenth of a penny), as their trade is still not official.

Networking 92

Networking supply chain software solutions Supply Chain Efficiency Price 92

Jaggaer

OCTOBER 24, 2024

Conventional transactional relationships focus on price and delivery terms. In a global business environment, supplier collaboration is better understood as a dynamic network involving partnerships within an extended ecosystem. The aim is not simply to drive down the price, but the total cost.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Supply Chain Game Changer

FEBRUARY 24, 2022

A Review of Dogecoin Price Influences! Even though investors were scrambling to get their hands on Dogecoins, the attraction soon dipped and the prices fell marginally but rapidly. NKN stands for New Kind of Network and is an open-source protocol that is meant for peer-to-peer networks on public blockchain systems.

Networking 92

Networking Supply Chain Efficiency Price Supply chain 92

Positive Purchasing

DECEMBER 6, 2023

Launched as a discount supermarket in 1946 and arriving in the UK in 1990, ALDI has grown to a network of over 7,100 stores in 11 countries. Historically, in the UK, the retail industry hasn’t enjoyed the best of relationships, having wielded huge power and pushed prices, especially for small producers, down.

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

Procurement Templates

APRIL 15, 2024

Networking: Attend industry events and join procurement networks to stay updated on best practices and industry trends. Negotiation Strategies: Develop negotiation strategies to achieve better terms, prices, and value from suppliers.

Procurement team 130

Procurement team Contract management Innovation Contract 130

Procurement Insights

APRIL 9, 2025

Impact on Amex vs. Ramp Functionality Boost: Pre-Nipendo: Amex relied on card networks and partnerships (e.g., vendor sync with NetSuite), while Nipendo strengthens Amexs supplier network integration, potentially outpacing Ramp in complex B2B ecosystems (e.g., Its spend management was fragmented, often requiring tools like Concur.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Networking 59

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. We started to find solutions that married together: Hubtek with TABi, and us with the power of capacity and pricing.”

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 98

Procurement Heads

JULY 26, 2023

This meant that cash flow was sustainable and the level of service that we received was in line with the prices we were paying. Inflation rates are starting to decrease, but the huge rise in gas and electric prices have driven costs way beyond what we’d usually expect to see. And so, I established a new career in procurement.

Contract management 130

Contract management Contract Supply Chain Efficiency Price 130

Finale Inventory

JANUARY 27, 2025

The system's beauty lies in its simplicity – scan a barcode, and instantly access crucial product information, from price to stock location. Modern retail scanning solutions have evolved beyond simple price lookups. A stable network prevents data loss and ensures real-time inventory updates.

Inventory 52

Inventory Real-time Visibility Price Inventory control 52

Procurement Heads

MARCH 27, 2023

The ongoing impact of inflation and fluctuations in materials pricing continue to have an impact, and it’s increasingly challenging to negotiate because prices are changing significantly within a short period of time. There’s a lack of certainty over Ukraine and any escalation that’s going to happen.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246