Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

ivalua

SEPTEMBER 25, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments.

Buyer Training 188

Buyer Training Optimal Sourcing Procurement Analytics Software 188

Procurement Academy

SEPTEMBER 26, 2024

So you’ve invested in your workforce, you’ve introduced training and development plans , but now you want to know exactly how effective these initiatives really are… Training and development is so important in the modern supply chain and procurement industry, but being able to measure and show the results of it is just as vital.

Buyer Training 52

Buyer Training Price Mitigation Strategies Purchasing Training Training 52

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. The chief procurement officer’s workload extends beyond timely purchases and cost-saving measures.

Negotiating Skills 90

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

Logistics Viewpoints

OCTOBER 24, 2024

While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.”

SAP 232

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 232

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.

Negotiating Skills 98

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 98

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Procurement Academy

OCTOBER 19, 2023

As a result, training on how to navigate these complexities is a must. Nonetheless, there is a whole lot more to opimizing procurement processes than just cutting costs and then increasing efficiencies. This involves aligning procurement strategies with the overall business objectives such as innovation, sustainability, and resilience.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

The Logistics & Supply Chain Management Society

MAY 15, 2023

Leveraging Your Bargaining Power in Logistics Service Provider Negotiations by LSCMS Shippers’ Council The logistics industry is a complex and constantly evolving ecosystem that plays a vital role in the global economy. Shippers have until quite recently been faced with a daunting challenge when it comes to negotiating with LSPs.

Negotiating Skills 130

Negotiating Skills Buyer Training Logistics Network Optimization Software Logistics 130

Procurement Academy

SEPTEMBER 22, 2022

In today’s competitive talent landscape, organizations across sectors struggle to attract the procurement talent they need. According to CIPS Salary Guide , UK procurement salaries grew 4.9% Get your procurement function ready. Create a procurement function with ‘pull’.

Negotiating Skills 52

Negotiating Skills Buyer Training Purchasing Training Procurement 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. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 52

Supply Chain Game Changer

MAY 12, 2021

Featuring Our 12 Best Procurement Articles! New age of negotiation article and permission to publish here provided by Sam Jenks at kodiakrating.com. We negotiate on a daily basis. Sometimes negotiations are small and sometimes they hold a bit more value or impact. But, there are two sides to every negotiation table.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

Procurement Academy

FEBRUARY 22, 2024

Berkshire (UK) & New York (USA) 22 nd February 2024 – Skill Dynamics Moves to Strengthen its Position in Corporate eLearning with the Acquisition of Content Enablers Skill Dynamics, a provider of high-impact, role-based, specialized supply chain and procurement training has acquired Content Enablers, a company renowned for compliance training.

Buyer Training 59

Buyer Training Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 59

SCMDOJO

JUNE 14, 2024

But with ever-increasing complexity, skilled professionals are more in demand than ever. The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. The global economy runs on efficient supply chains. No problem!

Buyer Training 105

Buyer Training Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 105

Procurement Academy

DECEMBER 12, 2022

The Skill Dynamics eLearning platform comprises of three experiences that combine to deliver our world-class digital learning program. From today, the names will change as follows: Skill Gap Assessment will become the Review module. About Skill Dynamics. LONDON , 12 December 2023.

Buyer Training 98

Buyer Training Supply Chain Software Optimal Sourcing Procurement 98

Supply Chain Matters

OCTOBER 10, 2024

It has been 27 days since workers represented by the IAM labor union rejected a prior tentative contract offer that had been negotiated. John Holden, the lead negotiator representing IAM in these contract talks, indicated to Reuters that striking workers were prepared to wait out the plane maker.

Negotiating Skills 52

Negotiating Skills Buyer Training Manufacturing Procurement Expense Reduction 52

ivalua

SEPTEMBER 25, 2020

The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement transformation has widened the digital skills gap.

Buyer Training 100

Buyer Training Optimal Sourcing Analytics Software Procurement 100

Procurement Academy

OCTOBER 18, 2023

Effective and skilled employees are the backbone of any successful organization. Here’s why you need to prioritize skill proficiency to drive business results. Skill proficiency equals business performance Skill proficiency is a crucial part of building a successful team.

Negotiating Skills 52

Negotiating Skills Buyer Training Supply Chain Performance Pricing Training 52

Procurement Academy

OCTOBER 11, 2023

Corporate training represents a substantial investment for organizations, both in terms of time and money. So, how can training providers prove the effectiveness of their training? An alternative objective to this involves your team undertaking a skills gap assessment.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

SCMDOJO

OCTOBER 3, 2024

Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills. Students must have some essential skills for supply chain management. Negotiation goes hand in hand with communication skills.

Negotiating Skills 78

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Software 78

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

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

Procurement Academy

JANUARY 5, 2023

Stress was a state of mind for supply chain and procurement professionals during the pandemic. An astounding 98% of the 200 senior supply chain and procurement professionals who took part in our recent study identified significant issues facing their function. Train to retain. A whole lot more stress, apparently.

Buyer Training 52

Buyer Training Procurement Supply Chain Supply and Demand 52

Procurement Academy

NOVEMBER 17, 2022

The Qatar World Cup begins this Sunday and if you need a reminder of the value of training and teamwork, it’s about to be in the world’s view for the next few weeks. To start, successful training in both disciplines is all about making incremental gains. Effective training also depends on more than the trainee.

Buyer Training 96

Buyer Training Purchasing Training Training Price Mitigation Strategies 96

Procurement Academy

AUGUST 11, 2022

Managing strategic suppliers effectively is essential for procurement and supply chain teams to improve processes and drive competitive advantage for their organization. Procurement teams must also evaluate whether or not they anticipate a long-term relationship with the supplier to help the organization compete successfully in the market.

Negotiating Skills 52

Negotiating Skills Buyer Training Purchasing Training Procurement Solutions 52

Procurement Academy

SEPTEMBER 16, 2022

Our latest research on ‘Breaking the skill-loss cycle in supply chain and procurement’ looks at the complexities of the supply chain and procurement (SC&P) functions and the increasing difficulty for professionals to keep up with the latest changes and technology. The supply chain and procurement landscape.

Buyer Training 52

Buyer Training Research Procurement Supply Chain Software 52

Procurement Academy

AUGUST 17, 2021

For those of us working in the field of supply chain and procurement education, it’s an open secret. But the same is most emphatically not true of supply chain and procurement. Skills not technology. But everything else calls for skills, and judgement. But there’s another dimension to this skills issue. level real?time

Buyer Training 93

Buyer Training Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 84

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 84

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.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 116

SCMDOJO

JUNE 7, 2023

As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever. Let’s learn how language is an important skill in supply chain and operations management. Let’s learn how language is an important skill in supply chain and operations management. 3.

Negotiating Skills 103

Negotiating Skills Buyer Training Negotiate Pricing Supply Chain Design Software 103

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. But corporate procurement isn’t quite as simple as placing an order on Amazon or another web marketplace. Basic Responsibilities.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 98

Procurement Academy

AUGUST 2, 2023

Procurement and supply chain professionals face numerous challenges that can lead to the online phenomenon known as “quiet quitting.” Whilst an obvious place to start in reducing its impact is with leadership , we believe that corporate training also has the potential to effectively help.

Buyer Training 52

Buyer Training Price Mitigation Strategies Training Resource Reduction 52

Exiger Perspectives

OCTOBER 11, 2024

Table of Contents The power of AI to change procurement for the better and deliver major impact was a major theme at this year’s DPW Amsterdam , one of the leading tech events for procurement and supply chain professionals. This allows the buyer to spend more time on the things that are most important to that business.

Negotiating Skills 52

Negotiating Skills Procurement Buyer Training Supply Chain Software 52

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Unleashed

JANUARY 8, 2024

Procurement management directly impacts your bottom line, making it a critical component of running a profitable product-based business. In this article, we look at the different stages of procurement management. We’ll also explore project procurement management and the relationship between procurement and supply chain management.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Skills Negotiating Skills 52

SCMDOJO

DECEMBER 14, 2023

Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. 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.

Purchasing Skills 103

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 103

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87