Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 192

ivalua

FEBRUARY 10, 2023

These options also open up the door for collaboration with suppliers, or holding regular reviews that can help optimize supplier management techniques. Ivalua’s Invoicing and Payments solutions optimize the invoicing and early payments processes, helping your organization to better manage working capital.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Order vs Invoice — 7 Key Differences Purchase orders and invoices may be hard to differentiate, especially if you are new in the procurement industry. What is a Purchase Order?

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Procurement Tactics

MAY 22, 2023

Additionally, we will tell you the advantages of having integrated logistics in your supply chain. Thus, this will enable you to implement it in your supply chain. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. What is Integrated Logistics?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

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

AUGUST 25, 2022

In 2014, he took a new role to transform public procurement at the Health Promotion Board (HPB) which is a statutory board under the Ministry of Health, Singapore. . In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation.

Procurement 231

Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

Procurement Tactics

MAY 30, 2023

What is a Procurement Manager? Procurement managers, also known as purchasing managers, supervise a company’s relationship with suppliers and the logistics of transportation. Procurement managers are responsible for overseeing the procurement activities of an organization.

Management 178

Management supply chain budgeting Procurement Negotiation 178

Una

MARCH 6, 2023

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Purchase Orders Purchase orders are where the monitoring of the creation and approval of purchase orders comes in.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Arkestro

DECEMBER 5, 2024

What Is Predictive Procurement and How Is It Reshaping High-Tech Manufacturing? Predictive Procurement is the latest evolution in digital procurement processes. It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. This strategy builds strategic partnerships, mitigates risks, and ensures a smooth flow of goods and services. This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

NLPA (Next Level Purchasing Association)

AUGUST 28, 2024

Supplier onboarding is a critical process in procurement and supply chain management, directly influencing efficiency and performance. This guide explores key steps, challenges, and best practices to optimize onboarding within procurement and purchasing contexts.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Suppliers 52

Una

MAY 25, 2023

Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Things were looking so bright at the beginning of the year.

Purchasing 96

Purchasing Risk Management Procurement 96

Procurement Tactics

AUGUST 15, 2022

Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . For this article, we will show you steps on how to create a successful supply chain plan.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

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. Importance of Should Cost Model A should-cost model is an essential tool for procurement and supply chain organizations.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? An advanced source-to-pay platform is crucial for unleashing procurement’s potential and optimizing supply chain performance.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Procurement Tactics

OCTOBER 18, 2022

SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

IBM Supply Chain Blog

DECEMBER 13, 2023

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5.  Menu Course Library 1.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Tactics

SEPTEMBER 23, 2022

Sustainable procurement operations are the foundation of sustainability in procurement and supply chains. In this article, we will discuss how sustainability works in procurement. Additionally, we will show you the priority issues in sustainable procurement strategy. . Editor's note: Hi there!

Sustainability 130

Sustainability Procurement Procurement strategies Supply Chain Optimization 130

Procurement Tactics

JULY 2, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Job orders also set out clearly the path for procurement professionals to enable them to execute the procurement process efficiently.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process. Supplier Details: Information about the vendor, including their name and contact details.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Procurement Tactics

MAY 31, 2023

It is a way for a company to manage its supply to make sure it has enough but not too much. It involves keeping track of purchases , shipping, storage, and other factors to meet customer needs and be financially flexible. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

If theres one thing weve learned in 2024, its that effective procurement strategies can make all the difference in a teams success. Whether its about navigating complex supplier relationships, managing costs, or preparing for unpredictable challenges, procurement leaders have shown that adaptability and innovation are key.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Planergy

FEBRUARY 24, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement? What is Procurement in Education? What's PLANERGY?

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Management 116

Management Procurement Contract management Supply Chain Optimization 116

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services. The result?

Supply Chain Optimization 52

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 30, 2024

This change is particularly relevant for procurement and purchasing professionals. As businesses strive for greater efficiency and cost savings, automation reshapes how warehouses function and how goods move through the supply chain. How can it help streamline operations and future-proof your business?

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

ivalua

NOVEMBER 3, 2021

The 140 year-old company has a strong market position; large volume provides necessary scale and competitive advantages in purchasing, sales, logistics, and business support. Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. billion in annual sales.

Procurement 130

Procurement Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 130

TYA Suite

OCTOBER 27, 2024

This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers. is a comprehensive solution designed to automate and optimize the. We will also discuss how to implement this tool to maximize its effectiveness.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

SCMDOJO

DECEMBER 14, 2023

Limited Scope: Offers a more focused and individualized approach to the procurement process. Diverse Expertise: Leverages collective knowledge and resources for a more comprehensive and streamlined procurement process. READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO!

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

Una

SEPTEMBER 6, 2022

Optimize business cashflow by reducing inaccuracies and inefficiencies in the P2P process. . Lean procurement teams pick their goals and targets with care when building their lean procurement strategies , focusing on achievable and high-impact activities such as tackling tail spend. . Create strategic focus.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. By implementing the right strategies, CFOs can reduce costs while still maintaining high quality standards.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Una

APRIL 18, 2023

This will only make matters worse, as a supplier bankruptcy will disrupt your supply chain. So, how can procurement risk-proof an organization during a recession without squeezing suppliers? With a possible recession looming, procurement professionals need to be paying attention.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98