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

SCMDOJO

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. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

How Do You Define Excellence? In retrospect, I find that technology is an enabler, but only if we are clear on what defines supply chain excellence. Many believe that an ex-supply chain exec knows the definition of supply chain excellence. Supply Chains to Admire Winners 2023 Examine Your Own Paradigm. I admit it.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Procurement is broadening to include extensive work with spend data. While strategizing , keeping feet on the ground is important, and that's when data comes in especially handy.

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Are You Caught in Word Salad Dribble?

Supply Chain Shaman

Over the course of the last decade, his story is the same. The issue is data synchronization. The more outsourcing and instances, the greater the issue with data synchronization. The company was working on improving real-time ATP without consideration of the data synchronization issues. Back to John. Blackhole Automation.

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How to Avoid the Most Common Pitfall of Markdowns

ToolsGroup

Since the start of the Covid-19 pandemic, 79% of consumers have indicated that they are looking for more bargains than before, and 46% say they are willing to wait to purchase at a better price “no matter how long it takes”. They train the consumer not to buy in-season because they can come back in three months and get a discount.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence. Over the course of around 15 years, the company perfected the strategy. Book your free consultation.

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Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.