World of Procurement blog

APRIL 23, 2024

In this blog, we're diving deep into the realm of procurement strategy—discussing its importance, how to craft an effective plan, communicate it within your firm, measure its success, and understand different procurement methodologies, including agile procurement.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Procurement Tactics

MAY 22, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

Bidding 212

Bidding Budget Negotiation Quality 212

Procurement Tactics

JULY 4, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.  Menu Course Library 1.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

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. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. to meet the unique needs of each category.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Una

DECEMBER 20, 2022

More cross-functional teams are being formed to work on specific projects. In a nutshell, this is what the project economy looks like. But what does this all mean for the future of hiring in procurement? Build a relevant skills assessment into your hiring process and look for previous project experience when reviewing resumés.

Procurement 98

Procurement Project management Procurement team Purchasing 98

Procurement Tactics

MAY 25, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

Inventory 130

Inventory Supply Chain Optimization Negotiation supply chain software solutions 130

World of Procurement blog

APRIL 23, 2024

Construction Specific Areas of Procurement Procurement in construction often involves acquiring the raw materials needed for building, securing skilled labor, and engaging with subcontractors for specialized work. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Construction Specific Areas of Procurement Procurement in construction often involves acquiring the raw materials needed for building, securing skilled labor, and engaging with subcontractors for specialized work. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

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

SCMDOJO

DECEMBER 14, 2023

Talha Khan Location: Pakistan/Remote Area of Expertise: Procurement Management Consulting, Procurement, Vendor Management, Sourcing Agent, Sourcing consultancy, Purchasing Management, Negotiation, ERP Implementation, Procurement Strategy. Hire the Expert Now or Start a Chat!

Sourcing 104

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

Procurement Tactics

SEPTEMBER 14, 2022

This allows the project managers to analyze the outcome of the different implemented activities. An effective action plan features measurable and detailed objectives. It provides a timeline and opportunities to measure progress, organizational responsibilities, and performance indicators. . Evaluation of the result.

Sustainability 178

Sustainability Logistics Raw materials Supply Chain Efficiency 178

World of Procurement blog

APRIL 23, 2024

Technical Expertise : Understanding the technical aspects of the goods and services being procured. Contract Management : Navigating, drafting, and managing contracts with vendors. Project Management : Leading procurement projects from inception to completion.

Procurement 52

Procurement Ethics Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Technical Expertise : Understanding the technical aspects of the goods and services being procured. Contract Management : Navigating, drafting, and managing contracts with vendors. Project Management : Leading procurement projects from inception to completion.

Procurement 52

Procurement Ethics Supplier relationship management Market knowledge 52

TYA Suite

JANUARY 27, 2025

Unlike traditional methods where approvals are centralized within a small group or individual, community approvers can be any mix of community members involved in the procurement process. This can include department heads, project managers, financial officers, and even end-users who have a stake in the purchase.

Procurement 40

Procurement Real-time Visibility Collaboration Procurement solutions 40

Procurement Tactics

NOVEMBER 28, 2022

It builds organization-wide accountability for growing revenue that includes marketing and pricing strategy, project management, and human resources. . Revenue growth looks beyond cost-savings and sales as a shortcut to profit. Frequently asked questions. What is cost-effectiveness? What is cost-efficiency?

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Inventory Budget 130

Procurement Tactics

AUGUST 29, 2022

The Centralized electronic document repository that includes document requirements, digital tender documents, purchase orders, and contracts works well for contract and project management. .

Competitive bidding 130

Competitive bidding Bidding Contract Suppliers 130

Finale Inventory

AUGUST 30, 2024

In construction, this means adopting digital tools, technologies, and processes to enhance operations, boost efficiency, and improve project outcomes. The Role of Digital Transformation in Construction: Digital transformation enables better collaboration, data-driven decision-making, and improved project management.

supply chain software solutions 52

supply chain software solutions Project management Real-time Visibility Inventory 52

Una

SEPTEMBER 20, 2022

Customer Relationship Management (Salesforce, Hubspot, Zoho, etc.). Project Management (Asana, monday.com, Trello, etc.). Communication / Collaboration (Slack, Google Workspace, Microsoft OneDrive, etc.). Sales and Marketing (Hubspot, Zoho, Nutshell, etc.). Payment Transactions (Runit RealTime, Chargebee, Square, etc.).

Budget 98

Budget Purchasing Collaboration Vendor management 98

Future Purchasing

NOVEMBER 18, 2021

Part of their role is to challenge the business norms and explore new opportunities to add value by bringing external insight, third-party innovation and procurement excellence to evolve functional strategies into focused procurement strategies that can be implemented.

Stakeholder engagement 52

Stakeholder engagement Procurement Procurement team Influencing 52

Skill Dynamics

OCTOBER 26, 2022

Nine in ten (91%) of senior procurement professionals report struggling to find specific skills in new or prospective recruits, including skills in procurement strategy (46%), digital procurement (34%), and project management (33%).

supply chain budgeting 52

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

SCMDOJO

SEPTEMBER 19, 2024

Variety : SCMDOJO’s courses are highly specialized, focusing on in-depth knowledge and areas of supply chain management, such as inventory management, procurement strategies, supply chain risk management, and Artificial Intelligence, which in turn makes it easier for learners to navigate and begin their learning journey in specific domains.

Supply Chain Efficiency 98

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

Procurement Software

APRIL 23, 2024

Ignite’s tools help organisations gain a holistic view of their suppliers, manage risks, and achieve sustainability goals. Their commitment to integrating advanced technology ensures that businesses can optimize their procurement strategies effectively.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

Arkestro

JANUARY 23, 2024

Risk management: Identify and address supply chain risks for uninterrupted goods/services supply. Contract management : Possess a legal understanding to manage contracts, terms, conditions, and dispute resolution. Project management skills: Plan, execute, and monitor procurement projects for effective sourcing.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Finale Inventory

JULY 26, 2024

In the construction industry, effective organization and storage of materials is key for successful project management. With the growth of ecommerce and the increasing complexity of inventory management, companies require efficient systems to streamline their operations. Consider a scenario where you manage multiple projects.

Inventory 52

Inventory Real-time Visibility Material management Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Value is starting to be created, and your organization can feel the impact of your digital procurement strategy. Now is the time to rollout the strategy/engage more project managers. You’re not as dependent of your manager’s approval for change because value has already been proven.

Change management 56

Change management Strategic sourcing Strategic sourcing Supply chain 56

Procurement Software

APRIL 11, 2023

It was through this project that Fraport sought varying solutions on the market and ultimately came across Lhotse. Multiple departments were involved in the digital factory on account of procurement’s numerous stakeholders. Lhotse was able to deliver on this through Lhotse Forms.

Collaboration 40

Collaboration Procurement solutions Purchasing Procurement 40

Procurement Software

FEBRUARY 6, 2024

There are 4 individual modules which cover: Procurement analytics i.e. spend analytics Contract management (CLM) Supplier management (SRM) Carbon accounting The Ignite platform also features a Tasks and Initiatives module that allows for progress tracking and objective-driven procurement strategy.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

NLPA (Next Level Purchasing Association)

OCTOBER 16, 2024

Navigating digital communication and shifting project priorities isn’t always easy, especially when stakeholders are challenging to engage. Below, we’ll go over some common signs of difficult stakeholders and provide practical strategies for overcoming these challenges.

Supplier relationship management 52

Supplier relationship management Leadership Strategy Procurement 52

Claritum

OCTOBER 21, 2019

Ensure it is very clear who is doing what on the project plan. Plus, ask if you’ll get project management support from the solution provider. Key project activities, with associated milestones, should at minimum include: Discovery Phase. Project Plan. Managing the Procurement of Promotional Goods and Services.

Eprocurement 32

Eprocurement Suppliers Data Procurement 32

SCMDOJO

NOVEMBER 2, 2023

Expertise: Strategic sourcing and contract creation, procurement, supply chain management, interim supply chain project management, cost reduction, contract management, and commodity management are areas of expertise. Asif Iqbal (Ex Google) Location: United States (US)/Remote Rating: 5/5.0

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Value Match

MAY 27, 2024

Case Study Value Match recently helped a global engineering, construction, and project management client facing these challenges: While ad-hoc social value initiatives were delivered on projects, there was no overarching consistent strategy to guide initiatives more broadly, which also made gathering impact data challenging.

Sustainability 52

Sustainability Bidding Supply Chain Efficiency Contract 52

NLPA (Next Level Purchasing Association)

OCTOBER 28, 2024

Navigating digital communication and shifting project priorities isn’t always easy, especially when stakeholders are challenging to engage. Below, we’ll go over some common signs of difficult stakeholders and provide practical strategies for overcoming these challenges.

Supplier relationship management 52

Supplier relationship management Leadership Strategy Procurement 52