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

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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. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

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Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Download Whitepaper →. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

Logistics 207

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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?

Price 130

Price Purchasing Raw materials Negotiation 130

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 Templates

NOVEMBER 21, 2024

SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

Agile and Lean Supply Chain 130

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Procurement Tactics

APRIL 19, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Goals in Procurement —Embracing Sustainability Sustainable goals in procurement help it to stay on track with its sustainability objectives in its activities. Why is it Important?

Sustainability 165

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 165

Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important? Budgeting should be part of regular financial planning.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

ivalua

OCTOBER 22, 2020

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.

supply chain software solutions 147

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 147

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.

Supply Chain Efficiency 130

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

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price 264

Price Strategy Sourcing Real-time Visibility 264

SCMDOJO

DECEMBER 29, 2024

In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.

Supply Chain Efficiency 95

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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. Money buys less than before How should procurement manage inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function.

Procurement 164

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Procurement Tactics

OCTOBER 18, 2022

33 Procurement Interview Questions in 2022. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. Thus, enabling them to make smarter decisions regarding procurement strategies. . First Name. Download Free Whitepaper ?. ?.

Supplier relationship management 181

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Procurement Tactics

JULY 13, 2022

33 Procurement Interview Questions in 2022. Procurement Function — Everything a Procurement Professional Should Know. The procurement function is one of the keys for a business to succeed. The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. Procurement Today.

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. Is there a budget and contract (the purchase order is a contract) for these items?

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

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

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. To ensure that you get the best value for your money, it is essential that you get an understanding of the costs involved in producing a product or service.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Una

AUGUST 9, 2022

How to Use Group Purchasing as a Cost Reduction Strategy. At the height of the COVID-19 pandemic, 49% of companies were considering layoffs, while over 33% had frozen new hires as a way to implement some sort of cost reduction strategy in the middle of a global crisis. Industries seeking a new cost reduction strategy.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Una

JANUARY 4, 2023

The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. The basics of group purchasing. Benefits of working with a group purchasing organization.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

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

Una

MAY 4, 2023

How to Manage Risk Using a Group Purchasing Organization A play-by-play for mitigating risk within your procurement function and the wider organization by utilizing the power of group purchasing. Instead of seeing procurement as a source of risk, however, we prefer to see the function as protectors against risk.

Purchasing 92

Purchasing Risk supply chain budgeting Management 92

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 ESG in Procurement — Embracing Sustainability ESG in procurement is continuously integrated by many businesses to foster sustainability in their processes. What is ESG Procurement?

Sustainability 130

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 130

Una

SEPTEMBER 6, 2022

Leveraging Lean Procurement. Have you ever been asked to “do more with less” in procurement? Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. What is lean procurement?

Agile and Lean Supply Chain 98

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

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Total Supply Chain Cost.

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

SCMDOJO

JANUARY 30, 2023

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Don’t forget!

Agile and Lean Supply Chain 130

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

Procurement Tactics

AUGUST 30, 2022

33 Procurement Interview Questions in 2022. E-Procurement — Everything You Should Know. E-procurement has been adopted by many organizations as it simplifies the process of procurement. For this article, we will discuss what e-procurement is all about. We will also show you the steps of e-procurement. .

Procurement 130

Procurement Supply Chain Efficiency Purchasing Contract 130

Una

JULY 6, 2022

Benefits of a Group Purchasing Organization. A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. A group purchasing organization leverages the collective purchasing power of thousands of businesses to secure lower prices for their members. Cost Savings.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Procurement Tactics

MAY 21, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Acquisition Cost — Everything You Should Know Acquisition cost helps businesses to accurately track the total cost of acquiring an asset. Acquisition Cost: What is it?

Negotiation 174

Negotiation Purchasing supply chain budgeting Procurement strategies 174

ivalua

MARCH 5, 2020

Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. I was challenged in the questions about whether we can really move away from “savings” as perhaps the main objective for Procurement.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Procurement Heads

FEBRUARY 9, 2023

The same questions can be asked of a career in procurement. With advancements in automation and artificial intelligence, many industries are seeing a shift in how work is performed, and procurement is no exception. However, despite these changes, a career in procurement can still be considered future proof for several reasons.

Procurement 130

Procurement Strategic sourcing Strategic sourcing supply chain budgeting 130

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. 8 Steps to Improve Procurement Efficiency. By Hugo Britt | October 26, 2022.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. Understanding The Procurement Process.

supply chain budgeting 101

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