SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Procurement Academy

FEBRUARY 4, 2025

Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve.

Negotiating Skills 59

Negotiating Skills Purchasing Skills Buyer Training Optimal Sourcing 59

Logistics Viewpoints

MARCH 3, 2025

Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset. These agents can communicate, negotiate, and collaborate to solve complex problems. trillion records from 47 data sources in the Cognite platform. A knowledge graph creates relationships across previously siloed data sources.

Negotiating Skills 200

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 200

Procurement Academy

FEBRUARY 13, 2025

Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success. There is now a pressing need for supply chain professionals to acquire and develop new skills that are better suited to modern organizations.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Buyer Training Supply Chain Planning Software 52

SCMDOJO

DECEMBER 29, 2024

25 Essential Procurement Interview Questions and Their Answers This supply chain article outlines essential procurement interview questions, focusing on technical knowledge, behavioral skills, and problem-solving abilities. BoxFox Liquidation.com 360 Components J2 Sourcing Gain More Knowledge About Liquidate Inventory 4.

Negotiating Skills 93

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 93

GlobalTranz

JUNE 15, 2017

In this article, I propose to have a look at several logistic skills that, besides the specific knowledge in this area, will help to maximize the logistics effectiveness. The constant augmentation of company’s processes is one of the vital skills of business logistics management. Integrity, in general, means fairness.

Buyer Training 210

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 210

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

The Logistics of Logistics

MARCH 21, 2025

John is CEO of FreightPath, an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. FreightPath addresses multiple industry challenges by offering both a comprehensive learning management system and a direct candidate sourcing solution.

Sourcing Strategies 190

Sourcing Strategies Resource Reduction Cost Reduction Strategies Supply Chain Strategy 190

Bristlecone

NOVEMBER 11, 2024

However, with these benefits comes the challenge of bridging workforce skills gaps required to fully leverage these advancements. As supply chains become increasingly automated and tech-driven, the demand for digitally skilled employees continues to rise.

Buyer Training 52

Buyer Training Supply Chain Skills Supply Chain Software Supply Chain Design Software 52

Bristlecone

FEBRUARY 6, 2025

In today’s interconnected world, ethical sourcing has transitioned from a “nice-to-have” to a critical imperative for businesses across all sectors. The global market for sustainable products is projected to reach $150 billion by 2025 , indicating a robust demand for ethically sourced goods across various sectors.

Optimal Sourcing 59

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Planning Software 59

Supply Chain Shaman

AUGUST 12, 2013

It is the sourcing and development of mid-management talent. Only 23% of companies responding to the study have a planned cross-functional training program for existing employees. This study points out the need for skill development in the areas of training and career progression to give employees cross-functional breadth.

Supply Chain Planning Software 364

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 364

Procurement Academy

FEBRUARY 6, 2025

Download our Training Catalogs Gone are the days of one-size-fits-all training programs and static skill sets. The latest employee training trends show todays successful organizations as those that adapt quickly by embracing innovative approaches to upskill their teams. The result?

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Negotiating Skills 52

SCMDOJO

OCTOBER 30, 2024

As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

Supply Chain Planning Software 96

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 96

Procurement Academy

FEBRUARY 25, 2025

Proper execution of cross-functional training can turn siloed departments into unified and efficient teams; equipping employees with the right skills to collaborate seamlessly across organizations. Of course, the right training is key to the success of such initiatives, and can have a measurable impact on supply chain performance.

Buyer Training 52

Buyer Training Supply Chain Performance Price Mitigation Strategies Optimal Sourcing 52

Precoro

DECEMBER 24, 2024

Unlike traditional tools that often operate in isolation or rely on rigid workflows, AI connects the dots between disparate data sources, providing a more comprehensive view of procurement activities. AI in procurement use cases : Analyzing data from multiple sources to predict demand trends with greater accuracy.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Procurement Academy

JANUARY 7, 2025

This article will explore key strategies for building supply chain resilience, and how Skill Dynamics can help support your business throughout this transformation. A lack of resilience can cause disruptions and delays to sourcing, transportation, or even manufacturing all of which lead to higher costs.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Optimal Sourcing 90

Jaggaer

APRIL 3, 2025

Procurement leaders recognize the imperative in front of them, but what does it mean for the future skills profile of the profession? In third place, cited by 56% of respondents, was the Changing Profile of Procurement Skills needed to adapt to these developments. Other priorities raise yet more demands in terms of skills development.

Negotiating Skills 52

Negotiating Skills Buyer Training Optimal Sourcing Negotiate Pricing 52

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

SCMDOJO

JUNE 6, 2024

Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field. Dive in and discover the power within!

Pricing Training 105

Pricing Training Negotiating Skills Buyer Training Optimal Sourcing 105

The Logistics of Logistics

SEPTEMBER 6, 2024

John is CEO of FreightPath , an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. FreightPath, a specialized talent firm, is addressing this challenge by providing comprehensive training and recruitment solutions. FreightPath began offering operations training.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Buyer Training Supply Chain Design Software Logistics 246

The Logistics & Supply Chain Management Society

DECEMBER 8, 2021

The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supply chain market”. Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies. Talent gap in logistics – how big is it?

Supply Chain Planning Software 246

Supply Chain Planning Software Gartner Agile and Lean Supply Chain Buyer Training 246

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

Supply Chain Shaman

SEPTEMBER 20, 2013

There is currently a 9:1 demand to supply ratio for supply chain graduates, and the skill level of new hires cannot stretch to fill the missing mid-management gaps. They can be trained to fill in the process mastery gaps. ” Supply chain planning roles have the largest number of vacancies with the longest time to source.

Supply Chain Planning Software 384

Supply Chain Planning Software Resource Reduction Inventory Reduction Price Mitigation Strategies 384

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Optimal Sourcing 52

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Continuous learning is crucial for professionals to stay ahead of the curve and enhance their skill sets. Moreover, it covers written and verbal communication skills, negotiation techniques, and conflict-resolution strategies.

Optimal Sourcing 98

Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

ToolsGroup

APRIL 20, 2022

In one survey, 74% of those who hadn’t received upskilling or reskilling training would prefer to work for a company that offers those opportunities. Give your employees the chance to broaden their skill sets, and work with them on defining career goals. Source: Fortune. #3: Source: Fortune.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

Precoro

AUGUST 14, 2023

Whether hiring for this role or aiming to be promoted into it, it’s important to identify the most necessary skills for the profession. Note: In this article, we use the terms "procurement manager" and "purchasing manager" interchangeably; for the most part, these positions involve the same skills and responsibilities.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. The halal knowledge of logistics service providers and distributors can be very minimal, as training on halal logistics is often not offered by the organisation and brand owner.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

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

APRIL 24, 2025

Procurement professionals focus on sourcing goods and services, negotiating with suppliers, and managing contracts. It involves sourcing the right suppliers, managing tenders, negotiating contracts, and ensuring value for money. A poorly negotiated contract can lead to delayed deliveries.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Supply Chain Design Software 52

AIMMS

FEBRUARY 13, 2018

Source: CSCMP. Invest in training and skills transfer . Invest in training for team members that demonstrate an affinity for the field. Ensure that you have ongoing training and skills transfer opportunities. L everaging analytics at scale is hard. Contact us to lea rn more. .

Analytics Software 250

Analytics Software Predictive Analytics Network Optimization Software Optimal Sourcing 250

Supply Chain Shaman

APRIL 24, 2025

However, if the buyer wants to buy complimentary solutions, buying and combining solutions might make sense. There is a need to actively make trade-offs across source, make, and deliver while aligning to a balanced scorecard. Get clear on your objectives, train your team, align your metrics, and test the solutions before deploying.

Gartner 195

Gartner Supply Chain Planning Software Supply Chain Planning Scenario Planning 195

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

Logistics Viewpoints

MAY 13, 2024

Coupa’s BSM platform is based on a public cloud that connects 3500 buyers to ~10 million suppliers. This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. Do you have permission to use it?” “It

Procurement Solutions 298

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 298

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 103

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 103

Silvon Software

APRIL 19, 2022

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. There must be a clearly defined data source with a standardized process for collecting and measuring that data. Buyer / Procurement Department KPI s.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

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