SCMDOJO

JUNE 7, 2023

The supply chain industry has been evolving rapidly since the pandemic outbreak. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever. Let’s learn how language is an important skill in supply chain and operations management.

Negotiating Skills 74

Negotiating Skills Buyer Training Negotiate Pricing Supply Chain Design Software 74

Freightos

JANUARY 15, 2024

It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain.

Negotiating Skills 285

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 285

Logistics Viewpoints

MAY 25, 2023

This description by a Chief Supply Chain Officer of the state of the supply chain he found in his new role stuck with me. Unlike a supply chain, these steps rely on no disruption to their execution. While there is endless speculation, from my reading two supply chain-specific opportunities intrigued me.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 236

Enterra Insights

AUGUST 15, 2022

On the other hand, employers lament the fact that even highly-educated people seem to be lacking people skills (sometime referred to as soft skills). Joanna Venator ( @JoannaVenator ), a former Senior Research Assistant at Brookings, and Richard V. But ‘soft’ skills such as communication and teamwork were also chosen by many.”

Negotiating Skills 130

Negotiating Skills Buyer Training Supply Chain Software Purchasing Training 130

Supply Chain Game Changer

NOVEMBER 15, 2018

When preparing for a negotiation, it is common to identify the issues to be negotiated, decide on negotiating tactics to use on your supplier, think through what your supplier may say and practice saying the words you’ll use during the negotiation. Those are all necessary components of negotiation preparation.

Negotiate Pricing 62

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Analytics 62

Procurement Academy

OCTOBER 18, 2023

Effective and skilled employees are the backbone of any successful organization. Here’s why you need to prioritize skill proficiency to drive business results. Skill proficiency equals business performance Skill proficiency is a crucial part of building a successful team.

Negotiating Skills 52

Negotiating Skills Buyer Training Supply Chain Performance Pricing Training 52

Freightos

SEPTEMBER 6, 2023

Judah Levine September 6, 2023 Unbox your Freight knowledge. Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index : Asia-US West Coast prices (FBX01 Weekly) decreased 5% to $1,927/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Europe weekly prices increased 5% to $3.05/kg.

Negotiating Skills 240

Negotiating Skills Asia Price Reduction Europe 240

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.

Supply Chain Design Software 130

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

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

The Logistics of Logistics

AUGUST 14, 2023

Bart De Muynck and Joe Lynch discuss the connective tissue of the supply chain, which is a reference to project44. As the supply chain connective tissue, project44 operates the most trusted end-to-end visibility platform, tracking over 1 billion shipments annually for the world’s leading brands.

Gartner 196

Gartner Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy 196

Logistics Viewpoints

MARCH 19, 2024

As an industry, linking supply chain planning and execution has been discussed for decades. In an intricate supply chain landscape, where multiple touchpoints intersect, the continuous flow and exchange of data is paramount. Why, in 2024 are we still talking about it and what can be done to move in the right direction?

Supply Chain Planning Software 249

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 249

The Logistics of Logistics

AUGUST 16, 2023

Rik Schrader and Joe Lynch discuss logistics and distribution transportation, which is one of the specialties of Rik’s company, Körber Business Area Supply Chain. About the Körber Business Area Supply Chain Supply chains are growing more complex by the day. Conquer supply chain complexity – with Körber.

Logistics Network Optimization Software 215

Logistics Network Optimization Software Negotiating Skills Supply Chain Design Software Distribution 215

Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. Such activism was demonstrated in labor contract negotiations, more aggressive tactics on the part of labor unions, and in actual strike actions.

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 59

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Purchasing refers specifically to the act of negotiating and purchasing goods or services from a vendor.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

Logistics Viewpoints

JULY 26, 2022

Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Passing costs onto consumers is often not viable and, in some cases, has already occurred due to supply chain shortages.

Optimal Sourcing 239

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 239

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.

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

Unleashed

APRIL 28, 2024

In this week’s edition of The Backorder: Talent shortage threatens US manufacturing growth Success secrets from the CEO of a recycled homewares brand 5 tips for negotiating better supplier contracts Job opportunities from Hasbro, Shake Shack, and more Not subscribed to The Backorder? Be prepared and willing to negotiate beyond price.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Manufacturing Procurement Buyer Training 52

Unleashed

JANUARY 8, 2024

It pertains to more than the act of purchasing goods and services: procurement management is the process that ensures any purchases from external providers meet the cost requirements, quality, quantity, and timelines of your organisation. A procurement manager’s responsibility is to find the most cost-effective deals from suppliers.

Procurement Solutions 52

Procurement Solutions Pricing Training Negotiating Skills Purchasing Skills 52

Precoro

JULY 16, 2023

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. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SCMDOJO

APRIL 20, 2023

Within this department, the procurement manager plays a key role in overseeing the entire process, from identifying the need for goods or services to negotiating contracts with suppliers. 1. Position Overview We are seeking a highly organized and skilled Procurement Manager to join our team.

Negotiating Skills 96

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 96

Supply Chain Matters

MAY 13, 2024

In this industry specific Supply Chain Matters commentary , we provide perspectives on aerospace and commercial aircraft producer Boeing ’s added challenge in 2024, that being on the labor relations front. As noted in our prediction, the lens in 2024 further turns toward labor negotiations involving U.S.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Aerospace Seattle 52

ivalua

NOVEMBER 27, 2019

So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Procurement must be able to apply the general principals of Strategic Sourcing in a way specific enough to maximize the value of each spend category.

Negotiating Skills 147

Negotiating Skills Optimal Sourcing Sourcing Strategies Sourcing 147

The Logistics of Logistics

SEPTEMBER 12, 2020

Supply Chain Basics with Jason Miller. Jason Miller and Joe Lynch discuss supply chain basics. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Key Takeaways – Supply Chain Basics. Negotiations.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. What Is the Importance of Strategic Sourcing ? Perform market research. Negotiate deliverables.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. It’s a senior role that implies strong knowledge of finances, business administration and law, and industry trends.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

Logistics Viewpoints

MARCH 2, 2023

For a few years now, supply chain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 198

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 198

LevaData

MAY 14, 2021

Recognizing and capitalizing on savings opportunities is always important for organizations looking to safeguard their supply chains. LevaData understands that although cost optimization is a top priority for organizations, actualizing that goal isn’t always easy. Negotiating with suppliers can be an arduous task.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Supply Chain Optimization Negotiate Pricing 52

ivalua

JANUARY 29, 2020

In the UK, we recently had the Prime Minister’s top adviser, Dominic Cummings, talking about the need for “ weirdos and misfits with odd skills ” to shake things up. . Crucially, it suggests that the dominant model of supplier engagement needs to be collaborative rather than adversarial in nature, at least for key strategic suppliers.

Negotiating Skills 213

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 213

Supply Chain Matters

SEPTEMBER 11, 2023

This week, the lens of labor activism in the form of labor contract renewal negotiations turns the spotlight to three U.S. The publication cites a Wells Fargo equity analyst estimate that if all of the UAW asks were granted, “ labor costs for Detroit companies would soar from $66 per hour to $136 per hour.” per hour or $9,000.

Negotiating Skills 59

Negotiating Skills Negotiate Pricing Pricing Training Purchasing Training 59

Logistics Viewpoints

MAY 26, 2023

The trouble today is finding authentic pairs which also do not cost an arm and a leg. store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supply chains.

Negotiating Skills 203

Negotiating Skills Pricing Training Jordan Purchasing Training 203

OptiProERP

DECEMBER 18, 2023

Procurement Procurement is a long-term, holistic approach that includes acquiring goods and services from external sources, identifying needs, negotiating, receiving, and inspecting goods. Negotiate price and terms Once you get suppliers’ quotes, examine them and negotiate wherever possible.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. However, the flight path and structural characteristics made it dissimilar from those which have typically been used for meteorological research.

Logistics Network Optimization Software 203

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 203

Supply Chain Matters

APRIL 12, 2024

As Supply Chain Matters highlighted in our last update on the ongoing production quality crisis that has now surrounded Boeing , if the U.S. From our lens, all of the above implies dynamic and likely extended negotiations and added time to consummate such a takeover. All rights reserved.

Negotiating Skills 52

Negotiating Skills Buyer Training North Carolina Ireland 52

Supply Chain Matters

JANUARY 13, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. In this posting we highlight our fourth prediction.

Predictive Analytics Software 52

Predictive Analytics Software Negotiating Skills Predictive Analytics Supply Chain Software 52