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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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2022 Forrester Study, Ensuring Supply Continuity During Turbulent Times: A Visual Spotlight

ivalua

In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. This places limitations on the value that procurement generates for your organization and impacts the resilience and agility of the supply chain.

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How to Get Started with Value-add Forecasting (Part 2)

Logility

So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. Answering the questions that the business has may require gathering additional data, purchasing data from third parties, or reformatting existing data sources.

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6 Critical Supply Chain KPIs!

Supply Chain Game Changer

Get Our EBOOK HERE. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Procurement Cost. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Resilience is the New Critical Supply Chain Strategy!

Supply Chain Game Changer

Get Our EBOOK HERE. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! What’s Normal Anyways?

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The Supply Chain Workload Iceberg!

Supply Chain Game Changer

Is Your Supply Chain A Cost Centre or a Value Creator? GET our EBOOK HERE. These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas. Subscribe to Supply Chain Game Changer. Supply Chain responsibilities are vast in any organization. New Supplier and Materials Set Up.

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Purchase Price Variance (PPV)! A Profit or Loss Opportunity?

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Get OUR EBOOKS HERE. Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it.