Procurement Academy

APRIL 24, 2025

Understanding regulations is critical – but what truly builds resilience is training agile, informed teams who can pivot fast, minimize risk, and protect performance when global trade gets turbulent. Another shared: We rerouted our sourcing strategy in a week – because our supply chain leads were trained for scenario planning.

Price Mitigation Strategies 82

Price Mitigation Strategies Cost Reduction Strategies Sourcing Strategies Buyer Training 82

ivalua

JUNE 9, 2025

By automating routine tasks like onboarding a suppliers, kicking off a sourcing event, invoice matching, purchase order consolidation, and contract reviews, AI enables automated procurement workflows and reduces operational costs. Smarter buying decisions and optimized sourcing lead directly to bottom-line savings.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Purchasing Skills Procurement Analytics 130

Logistics Viewpoints

MARCH 3, 2025

Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset. These agents can communicate, negotiate, and collaborate to solve complex problems. In the past, if the business had a need, they would buy an application. Agentic allows for much greater flexibility. Data does not move.

Negotiating Skills 181

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 181

SCMDOJO

DECEMBER 29, 2024

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Watch Now & Negotiate Better 12.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

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

Precoro

DECEMBER 24, 2024

For example, AI can spot recurring or unnecessary costs, detect maverick spending (when employees purchase outside of approved channels), and identify opportunities for cost savings based on historical spending patterns. This gives them advance warning so they can adjust their purchasing strategies.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

DECEMBER 18, 2024

Explore power purchase agreements (PPAs) to secure reliable access to clean energy. Implement technologies incrementally to manage costs and training needs. Workforce Training: Equip employees with the skills and knowledge needed to implement sustainable practices effectively.

Optimal Sourcing 261

Optimal Sourcing Supply Chain Design Software Material Savings Supply Chain Planning Software 261

Freightos

AUGUST 10, 2024

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. Again, this takes careful and meticulous training. Internal Training Chatbot: Knowledge transfer is always a challenge.

Logistics Network Optimization Software 268

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

RFgen

DECEMBER 27, 2024

Consider all costs associated with the ERP system, including: Software licensing, hardware costs, consulting fees, training, data migration. Remember that successful implementation hinges on thorough planning, adequate resource allocation, and comprehensive training programs for your team. Server costs, network upgrades, IT support.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Inventory Management Software 98

Procurement Academy

JANUARY 30, 2025

This is where digital procurement training comes in, and were going to discuss what it is, how your company can do it, and how to deal with any roadblocks that may get in your way. Developing strong technical skills within your staff all starts with appropriate training. Digital contract management Procurement contracts can be complex.

Buyer Training 52

Buyer Training Purchasing Training Optimal Sourcing Price Mitigation Strategies 52

Supply Chain Shaman

NOVEMBER 21, 2024

Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. How do I train and maintain the logic?” We are in the middle of a hype cycle that in my mind looks like the image in Figure 1. The industry has had little value from digital transformation and business networks.

Supply Chain Planning Software 396

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 396

Freightos

APRIL 29, 2025

One Fortune 100 retailer described maintaining seven different logistics platforms, each requiring separate logins, data management, and training. Rate sheets become obsolete almost as soon as they’re negotiated. Rate sheets become obsolete almost as soon as they’re negotiated.

Supply Chain Design Software 227

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 227

Procurement Academy

FEBRUARY 6, 2025

Download our Training Catalogs Gone are the days of one-size-fits-all training programs and static skill sets. The latest employee training trends show todays successful organizations as those that adapt quickly by embracing innovative approaches to upskill their teams. The result?

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Negotiating Skills 52

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

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

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 273

Negotiating Skills Pricing Training Jordan Purchasing Training 273

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

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 259

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

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

Supply Chain Shaman

JUNE 28, 2021

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. We built training materials to help the team understand the concepts of bi-directional orchestration. The volatile meat market changes daily.

Supply Chain Planning Software 322

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

Supply Chain Game Changer

JUNE 13, 2025

It can be a car, truck, train, boat or plane. To optimize costs, companies can negotiate with logistics service providers, look for alternative routes, or reduce the time spent in warehouses. Each of these means has its advantages and disadvantages, which the company must consider when making a decision.

Inventory Management Software 78

Inventory Management Software Supply Chain Planning Software Freight Optimization Software 78

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? High Days on Hand: Assessment: Is forecasting inaccurate?

Pricing Training 72

Pricing Training Negotiating Skills Optimal Sourcing Purchasing Skills 72

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 these solutions are seeing improvements in customer engagement metrics and repeat purchase rates.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

SCMDOJO

JANUARY 9, 2025

By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards. Additionally, provide training on both the technical aspects of these tools and the strategic elements of supplier relationship management.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Procurement Academy

FEBRUARY 4, 2025

Were going to examine what skills are necessary for procurement leaders, why theyre important, and how you can effectively train to lead your team in a highly complex and still-growing field. Highly trained professionals should be able to analyze the entire supply chain to unearth ways to save costs and even add value in places.

Negotiating Skills 59

Negotiating Skills Purchasing Skills Buyer Training Optimal Sourcing 59

Freightos

JULY 31, 2024

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. Again, this takes careful and meticulous training. Internal Training Chatbot: Knowledge transfer is always a challenge.

Logistics Network Optimization Software 177

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

ivalua

MAY 10, 2025

Contract Lifecycle Management (CLM) and Approvals Procurement technology enables you to streamline the entire contract lifecycle, from authoring and negotiation to approval and renewal. The solution also provides the transparency that prompts us to take actions and helps accelerate automation in purchasing.”

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

ThroughPut

JUNE 4, 2025

Launches Catalyst Program to Accelerate AI-Driven Supply Chain Transformation for Businesses Without Buying More Tools appeared first on ThroughPut.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Forecasting Software Modeling Software 52

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. Last year’s negotiations took place as dozens of container ships were backed up off the coast of California waiting to unload cargo. Retailers in the U.S.

Logistics Network Optimization Software 272

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 272

Supply Chain Shaman

APRIL 24, 2025

However, if the buyer wants to buy complimentary solutions, buying and combining solutions might make sense. Get clear on your objectives, train your team, align your metrics, and test the solutions before deploying. The reason? They are too different. The market lacks a leader.

Gartner 195

Gartner Supply Chain Planning Software Supply Chain Planning Scenario Planning 195

Procurement Academy

APRIL 10, 2025

Teams that understand the nuances of global trade, risk management, alternative sourcing, and supplier negotiations are better equipped to assess impact and adapt fast. Trade Compliance Training: A Critical Capability One area where this agility is especially vital is trade compliance. It also builds confidence in decision-making.

Negotiating Skills 71

Negotiating Skills Buyer Training Agile and Lean Supply Chain Purchasing Training 71

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. Training and Development: Assess the need for training programmes to enhance team skills and competencies.

Negotiating Skills 260

Negotiating Skills Supply Chain Planning Software Resource Reduction Inventory Management Software 260

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

Jaggaer

FEBRUARY 5, 2025

Negotiation & Contract Award – Once a supplier is selected, the process of finalizing the award and drawing up the contract begins. Moreover, the negotiation phase often involves delicate discussions around terms, risk allocation, and contingencies, which are better handled by human intelligence.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

The Logistics of Logistics

JULY 26, 2023

Phantom Auto offers a platform with multiple logistics solutions, including remotely operated forklifts, assisting autonomy for resolving edge cases in autonomous vehicles, and distanced driver training. Tusk save Shippers 40% or more on small parcel shipping.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Demand Planning Software 245

Logistics Viewpoints

MAY 24, 2022

Talk to your people to get their input and buy-in first. Explain what you’re trying to accomplish and then make sure your WMS can communicate with the necessary automation equipment before you rent or buy “only one unit” to start. What’s more, your SaaS support team is trained on the platform to know exactly what to do.

Supply Chain Network Software 268

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