SCMDOJO

JANUARY 9, 2025

Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 105

Procurement Academy

JANUARY 16, 2025

A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records.

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Note the lack of training on next-generation supply chain thinking in Figure 1. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud. Evolution is messy.

Supply Chain Design Software 322

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 322

SCMDOJO

JULY 3, 2023

Whether you’re an aspiring procurement enthusiast or a seasoned professional aiming to advance your career, investing in procurement training and procurement training courses can be a game-changer. The fantastic employment options that procurement training opens up are among the most convincing arguments for doing so.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

AIMMS

MAY 4, 2016

Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. A Center of Excellence (COE) can help you start off with the right team structure, engage the right stakeholders and put you on the right path to implementation. Operations Research Skills. IT Data, UI and Test Skills.

Prescriptive Analytics Software 120

Prescriptive Analytics Software Analytics Software Eliminating Excel in Purchasing Supply Chain Software 120

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 234

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. In this article, we delve into an unconventional yet remarkably effective training tool: movies. However, mastering this art can be tough and perplexing.

Negotiating Skills 98

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 98

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Whether you’re just starting your journey or a seasoned pro looking to level up, choosing the right training path is crucial. Moreover, it focuses on practical skills and knowledge that can be applied immediately.

Negotiating Skills 58

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 58

Logistics Viewpoints

MAY 11, 2023

Specifically, through modeling and simulation of a digital twin you’re able to ‘virtually try before you buy’ — modelling different scenarios quickly and easily without interrupting operations, or committing significant time and capital. Do they purchase a 3D warehouse simulation and modeling tool?

Modeling 312

Modeling Analytics Software Supply Chain Design Software Optimization Software 312

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. Supply Chain Competency: Focuses on core competencies to optimize operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Shaman

SEPTEMBER 13, 2023

The issues are largely rooted in politics and the lack of clarity on supply chain excellence. By and Large, The Bullwhip Whipped US The bullwhip effect is a supply chain phenomenon where orders to suppliers tend to have a larger variability than sales to buyers, which results in an amplified demand variability upstream.

Supply and Demand 402

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 402

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. That may still sound simple, but corporate purchasing, regardless of the commodities the buyer is responsible for, is anything but simple.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 98

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. It’s shown time and again that these skills can improve employee engagement and make for smooth-running operations.”

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Purchasing Skills 177

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Operational excellence systems for the best use of the human resource. Everything is prepared.

Logistics Network Optimization Software 299

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 299

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Opz

SEPTEMBER 28, 2013

In the past, supply chain professionals are trained to handle the service issues through a planning of inventory , service level and after-sales operations. When they arrive at our offices, their buyer welcomes them as we take their sample bags off their hands so we can deliver them to the meeting room.

Logistics Network Optimization Software 154

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Planning Buyer Training 154

Logistics Viewpoints

DECEMBER 12, 2022

At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. Getting independent business units to operate in a centralized supply chain structure would allow the company to have better leverage in procurement negotiations. This replaced an Excel based, part-by-part approach.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 264

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

SCMDOJO

APRIL 11, 2025

Today, their functionality has increased, and businesses are leveraging CRM systems for demand forecasting, buyer behavior analysis, and more intelligent inventory management. Enhance Inventory Management A combined CRM-Shopify platform provides past sales data, allowing procurement teams to make informed purchasing decisions.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Forecasting Software Inventory Management Software 63

Logistics Viewpoints

JULY 18, 2022

Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. Training is also clearly important. The annual report mentions a variety of different types of training offered by the company. But Mr. Jacobs discussed the training of a specific corps of supply chain analysts.

Supply Chain Design Software 305

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 305

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Nick is a master of influence skills and building cross-functional, horizontal processes. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system. Ask for Help.

Demand Planning Software 264

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 264

Supply Chain Game Changer

JANUARY 20, 2022

The platform has risen enormously in recent years, and so has people’s skepticism, questioning the possible risks of buying from AliExpress. Customers of AliExpress may claim their rights called Buyer Protection. Buyer Protection is useful when: The goods are broken or defective and do not match the description.

Purchasing Skills 96

Purchasing Skills Negotiate Pricing Negotiating Skills Buyer Training 96

Precoro

JULY 15, 2024

The CPO leads the company's acquisition programs and ensures that they are purchasing goods and contracting services on time and in a cost efficient way. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

ivalua

AUGUST 21, 2022

– Actions on the products and services purchased. – Actions on the way you buy. This can take the form of workshops, training, technical advice, provision of tools (software, calculation files, etc.), Decarbonization will generate a significant increase in the amount of data buyers must manage.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Material Savings Supply Chain Design Software 130

Procurement Academy

OCTOBER 19, 2023

As a result, training on how to navigate these complexities is a must. Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. This might seem straightforward, but a thorough assessment can uncover areas where you can consolidate purchases, standardize specifications or negotiate better terms.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

Jaggaer

FEBRUARY 20, 2025

The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods. Big data and digital technologies support the aggregation of purchases across business units to improve performance, provide better spend analysis, and drive business value.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Manufacturing Procurement Sourcing Strategies 52

Supply Chain View from the Field

JULY 22, 2015

I had the opportunity to engage in a negotiation seminar with a large insurance company last week, and had the team work on a software contract role play. In the scenario, there was both a buyer and supplier, and there were multiple facets to consider in the negotiation. Data Security and Rights.

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

SCMDOJO

APRIL 20, 2023

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. Additionally, procurement managers must stay up-to-date on industry trends and best practices in order to make informed purchasing decisions.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 116

Supply Chain Opz

NOVEMBER 9, 2014

Key ways to mitigate risks associated with unstable supply chains are to conduct a company audit to uncover the issues, consider an assurance process, implement some training, consider how you can communicate more effectively with your suppliers, or perhaps by offering an incentive to your overseas supplier once improvements have been made.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Supply Chain Movement

JUNE 11, 2014

We started in 2012 and we are currently in the roll-out phase across the regions in terms of processes, organisational structures, measures, developing the roles and responsibilities of the players, educating and training and implementing technology. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107