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10 Must-Watch Negotiation Movies: Master the Art of Persuasion with These Gripping Films

SCMDOJO

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.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

The procurement department encompasses all steps in acquiring goods, services, and works from external suppliers and performs various functions such as managing the procurement process, developing strong relationships with internal stakeholders, and negotiating contracts.

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Top 5 KPIs for Purchasing Managers

Precoro

The American Purchasing Society , an association of buyers and purchasing managers, has established its own code of ethics and requirements for purchasing professionals to follow if they want to get certified.

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Supply Chain Department – A Typical Structure

SCMDOJO

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Negotiate contracts and evaluate suppliers.

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De-Carbonising Road Freight Operations: Bridging the Know-Do Gap

The Logistics & Supply Chain Management Society

However, a lower uptake and large gaps between knowing and doing can be observed for other measures like eco driver training and low-resistance tyres. Thus, freight buyers need to do more to integrate decarbonization into their procurement practices. Is This the Hardest Leadership Skill to Master? Load More.

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Guest Commentary: P.O. Management Programs – Know Pain, Know Gain!

Talking Logistics

You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Commit to systems and process training. Sourcing uses P.O. Say you decide that these gains would be worth it.