SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

Negotiating Skills 59

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 59

ivalua

MAY 31, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Learning from Supplier Relationships.

Procurement Solutions 246

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 246

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

Procurement Academy

DECEMBER 18, 2024

Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Lets take a look.

Resource Reduction 52

Resource Reduction Vendor Strategies Cost Reduction Strategies Price Reduction 52

SCMDOJO

JULY 3, 2023

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!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Procurement Academy

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence. It doesnt have to be that way.

Optimal Sourcing 52

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

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. 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. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Why You Need Visibility of Supply Chain and Procurement KPIs?

Pricing Training 72

Pricing Training Negotiating Skills Optimal Sourcing Purchasing Skills 72

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 111

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 111

Supply Chain Shaman

FEBRUARY 1, 2024

His comments are the same–he feels that I identify problems but do not adequately define the solutions. He feels that based on his years of experience with a software provider, he has a whizzbang technology. Over the course of the last decade, his story is the same. days to receive a purchase order confirmation.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Procurement Solutions 130

Procurement Solutions Procurement Sourcing Strategies Purchasing Skills 130

Logistics Viewpoints

MAY 19, 2022

Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines. Work planners previously did manually can be calculated by software. But advances in this area have two limitations – the software itself and our ever-changing world.

Optimal Sourcing 300

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 300

My Office Apps

MARCH 26, 2025

How Kechie ERP Software Transforms Operations Across Key Business Sectors How are companies managing the external and internal challenges that increase the complexity of their operations every day? To stay competitive, businesses must adapt to cloud-based solutions that automate processes, boost productivity, and offer real-time access.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 64

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement Solutions 108

Procurement Solutions Procurement Purchasing Training South Africa 108

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

QAD

MARCH 11, 2025

Insights from a Former Procurement Manager People often ask me why I left FORVIA, a French global automotive supplier, to join QAD. In todays fast-paced business environment, digitalization has become a cornerstone of operational success, particularly in the realm of purchasing.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Procurement Solutions 52

SCMDOJO

DECEMBER 5, 2024

Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. The 7 Stages of the Inventory Life Cycle Procurement Acquiring necessary goods and materials before starting a business is essential. This step involves donation and charity programs.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

Logility

JULY 20, 2023

That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 188

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 188

Procurement Academy

JULY 22, 2022

For procurement professionals, it’s a core skill that’s essential to be well practiced in. Modern e-learning training solutions such as scenario-based training videos, simulations and gamification has made the task of training employees and improving negotiation skills less complex. Negotiation is key to business success.

Negotiating Skills 111

Negotiating Skills Pricing Training Purchasing Training Negotiate Pricing 111

Supply Chain Game Changer

MARCH 13, 2020

Procurement – How to Enable Spend Aggregation! . But there is a spend aggregation obstacle course to be overcome first. When you run a central Procurement organization you are trying to get the best deal for your company. Procurement people are proud professionals. Subscribe to Supply Chain Game Changer.

Negotiating Skills 66

Negotiating Skills Procurement Solutions Course Purchasing Skills 66

SCMDOJO

SEPTEMBER 18, 2023

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.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

SCMDOJO

APRIL 11, 2025

Front and center in this revolution are the marriage of customer relationship management (CRM) software and capable e-commerce platforms like Shopify. Enter companies like DigitalSuits, a high-tech Shopify development and e-commerce agency that leverages technology and innovation to build end-to-end solutions.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Forecasting Software Inventory Management Software 84

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. Artificial Intelligence.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

ivalua

OCTOBER 1, 2019

Peter Smith, Managing Director at Procurement Excellence Ltd. If Procurement people, functions and organisations are going to be successful, it is obvious that we have to adapt to the changing wider business and social environments. Effectiveness covers what we might consider the traditional aspects of Procurement.

Procurement Solutions 100

Procurement Solutions Agile and Lean Supply Chain Procurement Eliminating Excel in Purchasing 100

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. I’d suggest that “speed” has both internal and external dimensions.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

ivalua

MARCH 30, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Learning from Supplier Relationships.

Procurement Solutions 130

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 130

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 98