SCMDOJO

MARCH 12, 2025

Introduction Negotiation is at the heart of supply chain management. Richard Todd , a negotiation expert describes a successful negotiation as one that requires understanding not just what is needed from a supplier but also what the supplier needs from us. Case Study Reference: Fmwgn, ljd.

Negotiation 52

Negotiation Supply Chain Efficiency Supply chain Strategy 52

Supply Chain Opz

MARCH 31, 2015

Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation. Patterson 5) Purchasing and Supply Chain Management: Analysis, Strategy, Planning and Practice by Arjan J. Monczka, Robert B.

Purchasing 111

Purchasing supply chain budgeting Price negotiations Supply chain management 111

Procurement Insights

DECEMBER 14, 2024

ProPurchaser Focus: Commodity cost tracking and price negotiation support. Key Features: Tracks changes in commodity cost drivers to aid negotiation. Target Audience: Procurement professionals seeking data to strengthen price negotiations. Strength: Simplifies price negotiations with clear cost-driver insights.

Price negotiations 64

Price negotiations Negotiation supply chain budgeting Price 64

Spend Matters

AUGUST 15, 2024

Bad Practice 3: Replacing over-reliance on legacy tech vendors with a resilient approach Supply chain managers recognize dual sourcing for critical materials and parts as an essential resiliency practice. This dependency also fosters complacency among legacy tech vendors, hindering innovation and regular updates.

supply chain software solutions 115

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 115

Procurement Insights

OCTOBER 8, 2024

In 1998, the role of Chief Procurement Officers (CPOs) was evolving, but many of the primary concerns were still rooted in traditional procurement functions like cost savings, operational efficiency, and supply chain management.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Jaggaer

OCTOBER 24, 2024

What is Cost Saving in Supply Chain Management? Cost saving in supply chain management involves reducing the total cost of ownership (TCO) while maintaining, or even enhancing, the quality and reliability of goods and services.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

SEPTEMBER 29, 2020

Negotiations and sourcing decisions were made which focused on just in time delivery, supplier/vendor managed inventory and greater flexibility conditions surrounding the delivery of goods and increases/decreases in supply. This process included a focus on total cost of ownership, not just piece price levels.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90