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Enhancing Procurement Excellence Through the Power of Negotiation

Procurement Academy

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

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Fueling Success: Career in Supply Chain Guide

SCMDOJO

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.

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The Supply Chain is Suffering Labor Pains

Enterra Insights

Currently, however, the supply chain, like many other economic areas, is suffering from a different kind of labor pain — a pain unlikely to result in much joy unless companies can attract a new generation of supply chain professionals. Labor Woes are Contributing to Supply Chain Woes. Desperately.”[1]

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Will “Just Transition” Reshape Supply Chain Sustainability Goals?

MIT Supply Chain

Such an outcome has significant implications for supply chain sustainability. Is just transition another short-lived buzzword that will have minimal impact on supply chain operations, or is it something more substantial? If this prediction turns out to be true, what are the implications for supply chain sustainability?

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Tesla’s Disappointing Q3-2023 Financial Performance- The Bloom is Off the Rose

Supply Chain Matters

Electric automaker Tesla reported Q3-2023 financial performance this week and to state the obvious, the results were not well received by investors. They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. percent operating margin in the latest quarter.

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Why is Not for Profit Procurement so Different

Claritum

Claritum Article - Procurement Blog. This article will look at how this high level distinction impacts procurement and will also dive deeper into some of the resultant differences between these groups that impact on the procurement function. The NfP also has a greater focus on adding social value to a supply chain.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia.