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Procurement Synonyms: All The Words You Need to Know in 2023

SCMDOJO

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.

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What Does a Procurement Manager Do? Job Description and Requirements

SCMDOJO

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.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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ANCA Streamlines Procurement with the QAD Supplier Portal

QAD

Inevitably, the procurement process is complex and challenging to manage. Procurement System Improvement Goals. Recognizing the vital importance of procurement to their business, ANCA management set about finding a tool to help. Streamlined Component Procurement. A more complex purchasing activity is hard to imagine!

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. This has changed.

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Supply Chain Matters Podcast Episode 19: Overcoming Disruptions and Instilling Supply Network Resiliency with Jabil

Supply Chain Matters

Our featured guest is Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil. He has lived and held leadership roles in Europe , Asia and the U.S. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. over the course of his career.

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Mastering the art of Supplier Negotiation: Tips and Techniques

SCMDOJO

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.