Procurement Academy

JUNE 26, 2024

Finding skilled professionals to manage complex marketplace networks is a challenge Skill Dynamics often see in businesses we speak to. We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Buyer Training 52

The Logistics of Logistics

AUGUST 21, 2023

Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes. Richard Perry and Joe Lynch and discuss the importance of freight bill audit.

Negotiating Skills 207

Negotiating Skills Logistics Network Optimization Software Optimization Software Analytics Software 207

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

Modeling Software 223

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 223

Logistics Bureau

APRIL 25, 2022

What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them. Information Technology and Automation Knowledge.

Negotiating Skills 87

Negotiating Skills Buyer Training Supply Chain Planning Software Pricing Training 87

DELMIA Quintiq

NOVEMBER 17, 2020

Supply chain optimization is essential to achieve this and can help tire manufacturing companies deliver significant reductions in supply chain costs and improvements in service levels. Accomplish operational excellence and higher production quality while reducing costs, leveraging Manufacturing Operations Management (MOM).

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

SCMDOJO

JULY 3, 2023

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. You can successfully traverse the complexities of procurement processes with the knowledge, abilities, and tactics you gain during procurement training. But how do you get started?

Purchasing Training 84

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 84

Supply Chain Shaman

APRIL 19, 2021

“We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. How do you define excellence in planning? Companies that buy technologies from an RFP process have a high likelihood of ending up in this predicament. Buying planning software is a lot like buying a car. ” Lora. “ Joe.

Supply Chain Planning Software 195

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 195

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. The Purpose of the Procurement Department The procurement department adds value to an organization by obtaining quality goods and services at competitive prices.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

SCMDOJO

APRIL 20, 2023

As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. Additionally, procurement managers must stay up-to-date on industry trends and best practices in order to make informed purchasing decisions.

Negotiating Skills 100

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 100

SCMDOJO

JUNE 28, 2024

The growing number of women in supply chain roles is a testament to their skills, expertise, and determination. Through their knowledge of logistics, operations, and strategic planning, women are forging successful careers and making a substantial impact on this sector. Why Supply Chain is a Great Career Choice for Women?

Negotiating Skills 63

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 63

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. That may still sound simple, but corporate purchasing, regardless of the commodities the buyer is responsible for, is anything but simple.

Manufacturing Procurement 96

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 96

The Logistics of Logistics

AUGUST 25, 2023

With the highest level of service, unmatched industry experience and work ethic, and a laser focus on innovation and technology–our purpose is to improve the quality of life by delivering excellence in everything we do. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins. Episode Sponsor: Greenscreens.ai

Negotiating Skills 200

Negotiating Skills Third Party Logistics Logistics Network Optimization Software North America 200

Supply Chain Shaman

FEBRUARY 18, 2021

Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Initially, the output was published to procurement to design strategic buying strategies. The focus of the transportation suites was on cost mitigation and price negotiation.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

Supply Chain View from the Field

JULY 22, 2015

I had the opportunity to engage in a negotiation seminar with a large insurance company last week, and had the team work on a software contract role play. In the scenario, there was both a buyer and supplier, and there were multiple facets to consider in the negotiation. IP is always one of the most difficult issues to negotiate.

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. This avoids duplication of efforts and ensures a smooth flow of goods and services.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 80

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

crisp

NOVEMBER 15, 2023

This article delves into the hidden costs consumer goods companies face when they opt to manage their retail data pipelines internally. Retail data automation: build or buy? It requires specialized knowledge and skills, and the recruitment process can be time-consuming and costly. This is just for a single data source.

Negotiating Skills 52

Negotiating Skills Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies 52

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Supply chain excellence happens when leaders manage complex non-linear flows.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

The Logistics & Supply Chain Management Society

MARCH 21, 2023

Parents got notifications that school was cancelled, employees got notice to stay home, the world started buying most of their goods online, and the global supply chain did a collective * gulp. We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

Negotiate Pricing 113

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 113

Supply Chain Opz

MARCH 31, 2015

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Negotiating Skills 100

Procurement Academy

MARCH 12, 2024

What is strategic cost management? In brief, strategic cost management is implementing effective cost optimization strategies that lead to improved profitability, operational efficiency, and resource allocation. To take a look at our new interactive eLearning format for one of our Future Skills courses, view here.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Companies that tightly tether to enterprise transactional data will never buy the right stuff.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

The Logistics of Logistics

MARCH 26, 2014

Logistics Negotiations. How did you prepare for your last logistics negotiation? There seems to be lots of opinions about logistics negotiation, but not very much research. Wouldn’t it be nice to enter your next logistics negotiation with some more negotiating know how? Logistics Negotiation Success.

Negotiate Pricing 167

Negotiate Pricing Negotiating Skills Purchasing Skills Study 167

Logistics Viewpoints

DECEMBER 12, 2022

At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. Getting independent business units to operate in a centralized supply chain structure would allow the company to have better leverage in procurement negotiations. This replaced an Excel based, part-by-part approach.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 221

Supply Chain Game Changer

NOVEMBER 23, 2018

While historically companies have performed this function internally it is increasingly recognized as being more strategic to have a well functioning Procurement capability, as opposed to just having a Purchasing department. The term Strategic Sourcing had yet to become reality and is only now gaining understanding. True story).

Negotiating Skills 80

Negotiating Skills Purchasing Skills Optimal Sourcing Procurement Solutions 80

SCMDOJO

APRIL 4, 2023

This leads to significant operational efficiencies, cost savings, and improved customer satisfaction. Importance of Supply Chain Analytics Supply chain analytics is important because it helps businesses improve their performance, reduce costs, and increase profits by using real-time and historical data to make better and faster decisions.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

AFFLINK

AUGUST 30, 2016

Historically, group purchasing organizations (GPOs) have been primarily utilized within the healthcare industry. A GPO is a group of businesses or organizations that come together to use their collective purchasing power to receive discounts from vendors. Your vendors’ prices are increasing. belong to at least one GPO.

Purchasing Skills 63

Purchasing Skills Eliminating Excel in Purchasing Vendor Strategies Groups 63

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.? It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

SEPTEMBER 13, 2021

When the repair estimate was 5X the cost of the car, I wrote the dealer a check and drove off in a 2019 Lincoln Nautilus with 4,200 miles. In addition, traditional planning implementations assume: Transportation is available, the focus needs to be on negotiating price and efficiently filling loads. Why do I tell you this story?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Supply Chain Game Changer

APRIL 1, 2022

A few years ago, a group of trading experts created the Bitcoin Prime program to simplify trading and allow users to buy in with no prior trading knowledge. Set parameters before beginning the negotiation process through a computerized system. Trading demo versions are available for new users to hone their trading skills.

Negotiating Skills 94

Negotiating Skills Supply Chain Software Buyer Training Handbook 94

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. What is Strategic Sourcing? The fundamental objective of any organisation is lowering the cost of goods manufactured.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

EMERGE App

APRIL 5, 2024

As published by Global News Wire, wholesale distribution businesses are faced with escalating inflation, increasing interest rates, a poor labor market, and competition for talent and specialized skill sets. Warehouse cost A very first mistake in the wholesale distribution industry is underestimating the amount of warehouse cost.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 233

Unleashed

FEBRUARY 26, 2024

Inventory management focuses on the strategic planning and control of inventory levels across the supply chain, whereas warehouse management is more concerned with the operational aspects of managing warehouse facilities and internal processes which support inventory handling and order fulfilment.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Unleashed

FEBRUARY 9, 2023

But navigating this enormous and multi-faceted marketplace can be challenging, especially without prior knowledge or experience. Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52