Procurement Academy

FEBRUARY 11, 2025

Your supply chain professionals need high-quality training around supply chain legal issues to make sure that your organization is safeguarded against threats and to navigate legal complexities easily. Were going to explore some common issues, how you can deal with them, and how to train your staff to tackle legal issues effectively.

Pricing Training 52

Pricing Training Buyer Training Purchasing Training Negotiating Skills 52

Freightos

AUGUST 10, 2024

Historically, we were able to use technology to wrangle standardization for things like pricing and rating, helping ExFreight emerge as the first digital forwarder. So we are currently experimenting with using the trained LLM developed for our chatbot, combined with filtering tools, to automate responses to various email inquiries.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Supply Chain Software 268

Supply Chain Shaman

JANUARY 7, 2025

Instead, traditional planning approaches optimize functional metrics like Safety Stock (versus the form and function of inventory), Operational Equipment Efficiency (OEE), Purchase Price Variance (POV), and Functional Costs. Training on new concepts is a wonderful use case for a large language model. How Do You Drive Value?

Optimal Sourcing 367

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 367

ToolsGroup

JANUARY 21, 2025

Returns Management and Integration With 35% of online purchases being returned, predominantly to physical stores, retailers are grappling with the ripple effects on inventory management. Retailers implementing advanced rebalancing solutions are seeing measurable improvements in full-price sell-through and markdown reduction.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

The Logistics of Logistics

SEPTEMBER 11, 2023

FRAYT provides ongoing training and support to help preferred drivers improve their skills and stay up-to-date with industry trends and regulations. Tusk’s technology connects your parcel operation to a national network of vetted regional carriers, all with pre-negotiated rates and reliable, predictable service. The Greenscreens.ai

Negotiating Skills 290

Negotiating Skills Pricing Training Logistics Network Optimization Software Purchasing Training 290

The Logistics of Logistics

APRIL 24, 2023

Nick is Co-founder of Sync Logistics Training is a joint venture between Metafora + Kinetic, a Learning Management Software that gives brokerages the power to transfer years of industry knowledge to new hire employees in an engaging and effective platform. With Sync Logistics Training companies can: Reduce the burden on management.

Negotiating Skills 246

Negotiating Skills Logistics Network Optimization Software Supply Chain Design Software Pricing Training 246

Logistics Viewpoints

MAY 26, 2023

This includes training materials to raise awareness of the risk of various kinds of parametric rolling, as well as tools such as videos and calculators to help prevent and, if necessary, manage such dangerous situations. Details of the negotiations have been hard to come by as both parties have vowed not to negotiate through the media.

Negotiating Skills 275

Negotiating Skills Pricing Training Jordan Purchasing Training 275

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

JANUARY 9, 2025

By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards. Key Benefits of Smart Solutions Data-Driven Decision-Making Smart solutions provide real-time data analysis, offering insights into market trends, supplier performance, and pricing fluctuations.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

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. The impact varies by supply chain sector and value chain. The cycle is just beginning.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 261

Supply Chain Shaman

JUNE 28, 2021

The group needed a clear market signal on consumption patterns and the translation of demand with minimal latency to optimize price, mix, and schedule the factory to manage margin. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 322

Supply Chain Shaman

NOVEMBER 11, 2020

Note the lack of training on next-generation supply chain thinking in Figure 1. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase. Evolution is messy.

Supply Chain Design Software 362

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 362

Freightos

JULY 31, 2024

Historically, we were able to use technology to wrangle standardization for things like pricing and rating, helping ExFreight emerge as the first digital forwarder. So we are currently experimenting with using the trained LLM developed for our chatbot, combined with filtering tools, to automate responses to various email inquiries.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling Software 177

Supply Chain Game Changer

JUNE 6, 2025

Look for software with: Intuitive Dashboard Easy Navigation Minimal Learning Curve A user-friendly interface ensures that your team can get up and running quickly without extensive training. Security Features With cyber threats on the rise, security is non-negotiable.

Supply Chain Planning Software 69

Supply Chain Planning Software Analytics Software Supply Chain Software Optimization Software 69

Jaggaer

FEBRUARY 5, 2025

When assessing bids following an eAuction, the process typically involves a combination of automated tools and human decision-making, especially when evaluating factors beyond just price. Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

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.

Pricing Training 105

Pricing Training Negotiating Skills Buyer Training Optimal Sourcing 105

SCMDOJO

APRIL 11, 2025

Control Costs: Track value beyond just the purchase price and manage inventory effectively. A lower TCO indicates better value sourcing, even if the initial purchase price isn’t the absolute lowest. Is the initial negotiation focused too much on price alone? Are minimum order quantities too high?

Pricing Training 60

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 60

Freightos

SEPTEMBER 17, 2024

And if the user has to enter the same data into a chatbot that they would enter into a pricing tool to generate a quote, then they’ll just use the pricing tool. The existing products in this area are priced competitively in relation to labor costs in developed countries. The model would be trained on our own customer data.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Supply Chain Software Los Angeles Supply Chain Design Software 294

Logistics Viewpoints

FEBRUARY 17, 2023

It also helps with training and monitoring delivery drivers in safety and performance, managing assets and resources, and analyzing the efficiency of logistics operations. Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods.

Logistics Network Optimization Software 275

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 275

Logistics Viewpoints

JUNE 23, 2022

E-commerce continues to grow yearly and it’s estimated that it will make up 30% of retail purchasing by 2024. But today, there are more delivery options than ever before, including locker pickups, buy online pick-up in store (BOPIS) and alternate delivery locations. The growth of e-commerce and its impact on retailers.

Logistics Network Optimization Software 292

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Pricing Training 292

Talking Logistics

OCTOBER 28, 2014

According to the American Trucking Association, this is happening in an industry that already faced an average annual driver turnover rate of 99% in 2013, as well as hiring and training costs that range from $3,500 to $5,000 per driver, depending on experience. Negotiate Timely Payment Schedules.

Expense Reduction 253

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 253

Logistics Viewpoints

JULY 27, 2021

What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. A January 2021 DOT report suggests that “only 48% of trucking firms would be able to buy the technology in the decade after it becomes available.” Knowing the details will equip you to either negotiate or hold tight based on facts.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Enchange Supply Chain Consultancy

JUNE 19, 2024

Customer Preferences: Analyse customer behaviour, preferences, and buying patterns. Understanding cost to serve is critical before commencing distributor negotiations. Understand their market positioning, pricing, and promotional tactics. Identify key customer segments and their specific needs.

Negotiating Skills 260

Negotiating Skills Supply Chain Planning Software Resource Reduction Analytics Software 260

SCMDOJO

JUNE 3, 2025

Picture yourself at your local hardware store comparing two paint cans that appear completely identical, yet they have completely different price tags. If youre looking for instant access to materials, labor costs, and pricing, then youll love the way that real-time cost calculators connect you directly to updated databases.

Negotiating Skills 54

Negotiating Skills Predictive Analytics Software Supply Chain Design Software Supply Chain Software 54

Precoro

OCTOBER 6, 2022

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. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Logistics Viewpoints

JUNE 1, 2023

The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 273

Talking Logistics

MARCH 21, 2019

According to Nasdaq, by 2040, 95% of purchases will be facilitated through e-commerce. More and more customers are willing to pay higher prices if they get their products delivered on their timeline which may include a specific delivery window or white-glove service. Their expertise in these areas guarantees strong performance.

Trends 242

Trends Pricing Training Purchasing Training Logistics Network Optimization Software 242

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

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

Protectionism, populism, nationalism is to a large degree attractive to many people today just because of this purely price oriented foundation of trade. In lieu of enlightened environmental scruples on the international trade negotiating level – activists have had to step in to try and create transparency and responsible practices.

Negotiating Skills 261

Negotiating Skills Global Pricing Training Purchasing Training 261

Precoro

DECEMBER 11, 2023

The dynamic landscape of modern business comes with increasing product variety and volatile prices, making it more important than ever to stay competitive on the market. As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Procurement Academy

JANUARY 14, 2025

It provides a path for skill development and training, while also keeping the procurement team’s actions aligned with the overall goals of the business. A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation.

Negotiating Skills 59

Negotiating Skills Optimal Sourcing Buyer Training Pricing Training 59

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 102

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 102

SCMDOJO

SEPTEMBER 18, 2023

Here is a list of some common procurement synonyms: Sourcing Acquisition Purchasing Buying Procuring Acquiring Obtaining Securing Obtaining Stocking Resourcing Attaining Gaining Fetching Obtaining Now let’s get into the meanings of some of these synonyms for procurement: 1.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Kinaxis

JUNE 19, 2017

Order fulfillment channels are becoming more complex as the possible combinations for purchase and returns explode. Buy online, pickup in store, return via postal service. Buy online, ship direct to consumer, return to brick and mortar store. Buy via mobile, ship to a third party location (like work or a hotel).

Gartner 277

Gartner Supply Chain Design Software Pricing Training Resource Reduction 277

SCMDOJO

FEBRUARY 5, 2025

Whether you’re just starting your journey or a seasoned pro looking to level up, choosing the right training path is crucial. Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations.

Negotiating Skills 54

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 54

Supply Chain Shaman

FEBRUARY 16, 2024

The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. Sadly I observed that as the training and knowledge sharing over the last two decades became more available, it was also less valuable as the supply chain became more mainstream.

Supply Chain Planning Software 418

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 418

RFgen

MAY 30, 2025

This pilot-then-scale approach minimizes risk and cements executive buy-in. Pilot zone: Deploy 510 robots in a high-impact area, train operators and refine SOPs. Neglecting change management Without dedicated change agents and early training, operators can resist new workflows, leading to errors and slow adoption.

Supply Chain Software 69

Supply Chain Software Vendor Strategies Cost Reduction Strategies Supply Chain Planning Software 69