Procurement Tactics

MARCH 20, 2023

Heating Oil Prices – Historical Graph Real-time chart of historical daily heating oil prices. The prices are down in U.S. The current price is and is last updated on. Which variables impact the price of heating oil? Heating Oil Prices Explained As you can see heating oil prices are fluctuating.

Price 155

Price Demand Export Influencing 155

Procurement Tactics

JUNE 27, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 10 Best Food Packaging Suppliers In The US — Reviews, Quality, and Pricing The packaging industry in the US shows a positive outlook as the country expects $193.13 inch), Black) priced at $9.99

Quality 191

Quality Price Suppliers Negotiation 191

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 10 Corporate Gift Suppliers in the US — Pricing and Quality Reviews Every company has its own tradition, practices, shared values, and goals. priced at $52.00 Caroo Best Sellers priced at $35.00

Quality 193

Quality Price Suppliers Negotiation 193

ABC of Procurement

JANUARY 5, 2025

There is a way to monitor price trends for mass-produced goods. The post Knowing the price movement before anyone else first appeared on ABC of Procurement. All you need to do is to go a bit up the Supply Chain and do some maths.

Price 147

Price Supply chain Procurement Supply 147

Procurement Tactics

JULY 20, 2023

Your next landscape project might come from these top customer picks: Circular Outdoor Decorative Stepping Stones with Ground Stakes – Beige Limestone Color priced at $89.80 Stone Pebbles Garden Tank Walkway Glow in Aquarium Dark Patio & Garden ( 150 pcs ) priced at $11.80 Cobblestone priced at $18.99

Price 186

Price Suppliers Negotiation Sustainability 186

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? Price Purchase Variance: What is it? Why is it Important?

Price 130

Price Purchasing Raw materials Negotiation 130

Procurement Tactics

JULY 20, 2023

Your next DIY project might need any of their items: Holcim Portland Cement priced at $1.2 per bag Costum Holcim Cements for Stucco priced at $2.3 Don’t forget to check their sustainably sourced top products: RapidSet Cement All Bag priced at $59.94 Duramix Damping Material priced at $63.21

Price 193

Price Suppliers Sustainability Negotiation 193

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023.

Price 177

Price Suppliers Quality Negotiation 177

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best UK Drop Shipping Suppliers 2023 — Pricing & Reviews The drop shipping industry is saturated but it is still a profitable business in 2023. Its pricing plan start at £24.99 billion in 2023.

Price 163

Price Suppliers Negotiation Quality 163

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 8 US Appliance Parts Suppliers — Top Factors, Choosing Guidelines, Pricing, and Review The US appliance parts industry experiences a period of significant growth and transformation. ” – Sharon S.

Price 183

Price Suppliers Negotiation Quality 183

Supply Chain Brain

JUNE 16, 2024

Pricing has become a strategic lever that allows revenue teams to become more proactive to changes in the market.

Price 111

Price Strategy 111

Procurement Tactics

JUNE 27, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 9 Meat Suppliers In The US — Reviews, and Pricing The US Department of Agriculture announced that the meat production across the country is lower compared to the previous year’s output.

Price 162

Price Suppliers Negotiation Quality 162

SCMDOJO

APRIL 3, 2025

Supply chain leaders must adapt and use smart strategies to remain competitive. They can raise consumer prices, reduce imports, change trade patterns, and cause other countries to retaliate. Key Strategies for Global Supply Chain Leaders to tackle US Tariffs To deal with the US tariffs, supply chain leaders need to be proactive.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 96

Jaggaer

FEBRUARY 5, 2025

Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy. 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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Spend Matters

DECEMBER 11, 2024

To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 110

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 110

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 103

Price Negotiation supply chain software solutions Supply Chain Optimization 103

Skill Dynamics

DECEMBER 18, 2024

This article aims to help you understand different procurement fraud risks, arm you with a set of effective strategies for managing procurement fraud, and help you understand the true benefits of effective procurement fraud management. Lets take a look.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. John Deere 6R 185 Tractor priced at $216,741.41

Price 130

Price Suppliers Negotiation Purchasing 130

SCMDOJO

SEPTEMBER 16, 2024

When determining the selling price of their goods or services, businesses may use a variety of pricing models and algorithms. One approach is dynamic pricing, in which an item’s price is continuously adjusted according to certain criteria. For instance, raising the price for same-day delivery.

Price 98

Price Strategy Influencing Demand 98

SCMDOJO

MARCH 12, 2025

One negotiation strategy that often plays a crucial role in achieving practical outcomes is compromising negotiation. While often perceived as a middle-ground approach, supply chain negotiation strategies require strategic application to ensure long-term value and sustainability. Case Study Reference: Fmwgn, ljd. 10.13140/RG.2.2.27917.87528.

Negotiation 52

Negotiation Supply Chain Efficiency Supply chain Strategy 52

Procurement Templates

DECEMBER 11, 2024

finance, operations, and legal teams) to align procurement strategies with business goals. Adding these objectives ensures a well-rounded procurement strategy that integrates stakeholder interests into procurement processes and outcomes. This alignment ensures that every team members actions support the departments strategic goals.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

SCMDOJO

JANUARY 9, 2025

This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages. By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Spend Matters

SEPTEMBER 24, 2024

In a recent discussion , Spend Matters Senior Analyst Bertrand Maltaverne and Arkestro Founder and CSO, Edmund Zagorin explored the nuances of procurement strategies, focusing on both traditional methods involving multiple suppliers and innovative approaches that leverage single-supplier engagements effectively.

Strategy 114

Strategy Procurement Strategic planning Suppliers 114

Procurement Templates

NOVEMBER 21, 2024

Detailed strategies for improving procurement skills Improving procurement skills involves a mix of education, practice, mentorship, and exposure to new tools and methodologies. Negotiation Skills Actionable Steps: Prepare Thoroughly: Research suppliers’ market position and pricing strategies before negotiations.

Agile and Lean Supply Chain 130

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

Procurement Tactics

MARCH 16, 2023

Strategic procurement is a crucial aspect for businesses across the globe as every organization wants to create an effective procurement strategy to ensure success and maximize value contribution. Strategic procurement is data-driven and uses a combination of tools and techniques that go far beyond unit price reduction.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Developing and executing category strategies is critical to effective strategic sourcing.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Tactics

JULY 4, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. 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. 2.5% -1.2% 1.8% -0.7%

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Spend Matters

JUNE 20, 2024

Duplicate or inflated invoices: It’s not uncommon for a vendor or an internal employee to submit invoices more than once, by mistake or intentionally, or to charge more than the agreed price for goods or services. The increasing complexity of the digital economy demands robust strategies to combat payment fraud.

Strategy 114

Strategy Risk Suppliers Risk management 114

Jaggaer

APRIL 9, 2025

How AI is Transforming Manufacturing: Strategies, Benefits, and Use Cases Artificial Intelligence (AI) is a huge topic and one that is constantly changing as research and development efforts push out the boundaries of whats possibleand whats already happening! Contract management is another area where AI is proving invaluable.

Strategy 52

Strategy Supply Chain Optimization Supply Chain Efficiency Quality 52

ivalua

MAY 9, 2023

In light of existing rules, vendors can deter competition by driving prices down in competitive tenders. However, this strategy may lead to a lack of options and price volatility within the market.

Procurement 246

Procurement Strategy Strategic sourcing Strategic sourcing 246

TYA Suite

NOVEMBER 15, 2024

Based on the risk assessment and supplier evaluations, businesses develop specific strategies to mitigate identified risks. Collaborating on risk mitigation strategies fosters a sense of partnership, making suppliers more willing to share information and work together to overcome challenges.

Risk management 40

Risk management Risk Suppliers Strategy 40

Skill Dynamics

JULY 19, 2024

Let’s take a look at how you can develop and implement your procurement strategy roadmap from start to finish and address key challenges you may face along the way, as well as save costs and mitigate risk. While this is a welcome shift in global procurement strategy, it’s forcing companies to adapt their procurement strategy roadmaps.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. It is a document that confirms the buyer’s request, including the agreed-upon terms and details such as the prices, quantities, payment method, delivery terms, and any other relevant information.  Menu Course Library 1.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Planergy

MARCH 10, 2025

This guide provides actionable strategies to maximize your institution’s financial resources. While getting good pricing to prevent overspending is important, its also about the value. Developing trust-wide financial strategies that accommodate these differences can be a complex task.

Strategy 52

Strategy Management Budget Spend management 52

SCMDOJO

SEPTEMBER 19, 2024

I worried whether I could successfully convey the message that even with the great prices, the total cost for the parts would be more than what it would cost to source locally or regionally. This led me to create the model described below. Separating these two costs fosters quicker analysis and buy-in. Amateurs ignore total cost models.

Price 98

Price Suppliers Cost of ownership Quality 98

ivalua

MARCH 18, 2021

Ultimately, the buyer can efficiently compare offers and select the optimal supplier(s) according to a best value/best price logic or lower total cost of ownership. This greatly increases the company’s agility, allowing highly efficient purchasing operations.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246