Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Alongside these skills, attention to detail and communication skills are paramount.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Supply Chain Planning Software Supply Chain Design Software 52

Precoro

AUGUST 26, 2021

Purchasing? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined. Purchasing.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Pricing Training Optimal Sourcing 98

Supply Chain Shaman

APRIL 19, 2021

“We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. 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. Would you ever buy an automobile for your wife using an RFP?

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Software Demand Planning Software Supply Chain Planning 261

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.

Manufacturing Procurement 103

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 103

Procurement Academy

NOVEMBER 13, 2023

Incorporating a robust corporate training program into your business is a highly effective means to upskill your current employees, attract new talent, and foster a strong company culture. Historically, training programs, especially those based on eLearning, encountered challenges in proving their value.

Purchasing Training 52

Purchasing Training Price Mitigation Strategies Material Savings Buyer Training 52

Supply Chain Shaman

APRIL 19, 2021

“We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. 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. Would you ever buy an automobile for your wife using an RFP?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Software Demand Planning Software Supply Chain Planning 195

Precoro

MAY 22, 2023

The IT procurement process encompasses a range of steps, from establishing IT requirements all the way to negotiating contracts with vendors. IT team members are aware of the requirements necessary for a technology to function properly, whereas procurement professionals are skilled at contract sourcing and negotiation.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

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 Optimal Sourcing 98

Procurement Academy

OCTOBER 19, 2023

As a result, training on how to navigate these complexities is a must. There’s also the potential for saving costs with this sourcing model, because you may be able to negotiate better pricing by consolidating volumes with a single supplier. Common procurement negotiation types are win-win, distributive, and integrative.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Sourcing Strategies Price Reduction 52

Parade

JANUARY 20, 2022

That’s not to say that it doesn’t take time to get to the point where you can use a purchased software in operations; it takes time to implement, integrate, test, and train staff to work with new programs. Still wondering if buying capacity management software from a third party is the way to go?

Procurement Solutions 78

Procurement Solutions Purchasing Training Supply Chain Software Logistics Network Optimization Software 78

Supply Chain Game Changer

JANUARY 5, 2021

Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. In my experience proactive, attentive, and detailed Purchase Price Variance (PPV) can make an incredible contribution to the profitability of a company. What is Purchase Price Variance (PPV)? Subscribe Here!

Pricing Training 82

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 82

Procurement Academy

OCTOBER 11, 2023

Corporate training represents a substantial investment for organizations, both in terms of time and money. So, how can training providers prove the effectiveness of their training? There are various evaluation methods that can be used to assess the effectiveness of corporate training programs.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Negotiating Skills 52

Precoro

SEPTEMBER 22, 2022

When repeatedly ordering large amounts of the same goods from one supplier, managing purchase orders and adequately planning the expenditures becomes quite tricky. That's where blanket purchase agreements come in handy. What is a Blanket Purchase Agreement, and Why Use It? How to Set Up Blanket Purchase Agreements in NetSuite.

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Procurement Analytics 52

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 Negotiate Pricing Negotiating Skills Purchasing Training 60

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

Logistics Network Optimization Software 244

Logistics Network Optimization Software Negotiating Skills Pricing Training Supply Chain Network Software 244

Unleashed

APRIL 5, 2021

Procurement and purchasing are often used interchangeably to describe the role of procurement. Procurement is the process of purchasing a service or a good, usually on a large scale and for commercial purposes. Procurement is the process of purchasing a service or a good, usually on a large scale and for commercial purposes.

Procurement Solutions 66

Procurement Solutions Pricing Training Purchasing Training Purchasing Skills 66

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.

Logistics Network Optimization Software 204

Logistics Network Optimization Software Logistics Negotiating Skills Inventory Reduction 204

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.

Logistics Network Optimization Software 215

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

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

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. Societies that are affected find themselves in a race in order to save their jobs and usually at the expense of their healthy environment. Greening Our Trade?

Global 261

Global Negotiating Skills Pricing Training Purchasing Training 261

Procurement Academy

MARCH 2, 2023

After implementing several new procurement processes, Group Director Purchasing, Nicolas Robardet, identified a number of competencies which required development within the team. Competencies included risk management, supplier relationship management, contract management, negotiation, and strategy.

Case Study 52

Case Study Purchasing Training Negotiating Skills Manufacturing Procurement 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. Procurement is the process of sourcing suppliers , negotiating sales terms, and purchasing the goods a company needs to run its daily operations.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 52

Procurement Academy

NOVEMBER 17, 2022

The Qatar World Cup begins this Sunday and if you need a reminder of the value of training and teamwork, it’s about to be in the world’s view for the next few weeks. To start, successful training in both disciplines is all about making incremental gains. Effective training also depends on more than the trainee.

Purchasing Training 96

Purchasing Training Buyer Training Supply Chain Planning Software Supply Chain Planning 96

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 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pharmaceutical 251

Precoro

AUGUST 31, 2023

For example, to avoid costly equipment repairs in the future, a company might conduct intensive training for the manufacturing staff and prioritize teaching them how to use expensive equipment properly. For instance, they can focus on negotiating better deals with the suppliers. Be thoughtful not to make the conversation hostile.

Cost Reduction Strategies 105

Cost Reduction Strategies Material Savings Expense Reduction Inventory Reduction 105

Unleashed

OCTOBER 12, 2022

All critical business systems can be integrated by ERP, from payroll and HR to inventory management, customer relationship management, purchasing, sales, shipping and more. – Training. How much of a deal you can negotiate. Implementation costs Implementing ERP involves more than just buying software. Data migration.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Supply Chain Design Software 98

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. This was part of the negotiated agreement struck in 2019. Similarities What makes this particular labor contract negotiation a bit similar to other now ratified industry contract negotiations such as U.S.

Negotiating Skills 59

Negotiating Skills Negotiate Pricing Pricing Training Purchasing Training 59

Procurement Academy

NOVEMBER 8, 2023

Today, with 184,000 employees across 64 locations worldwide, the Group supports the professional development of its employees by helping them to strengthen their skills and acquire new ones with complete trainings and e-learning courses. More than 360 learners registered for the training sessions.

Case Study 52

Case Study Procurement Solutions Purchasing Training Supply Chain Planning Software 52

MIT Supply Chain

AUGUST 21, 2023

Issues such as pay rises continue to dominate negotiations between the two sides. For example, negotiations over long-haul trucking driver pay will carry less weight when autonomous vehicles arrive in the not-too-distant future. Unions may want to moderate short-term demands for gains such as pay increases and improved benefits.

Negotiating Skills 52

Negotiating Skills Purchasing Training Buyer Training Supply Chain Software 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 175

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 175

Supply Chain Game Changer

SEPTEMBER 7, 2022

You can attain an industrial tent by either buying or renting it. If you have an event coming up or need extra room for personal effects, continue reading to find out whether you should buy a tent or rent one. But now comes the question of whether you should buy or rent one. When To Buy. Uses And Benefits. When To Rent.

Eliminating Excel in Purchasing 91

Eliminating Excel in Purchasing Purchasing Training Manufacturing Procurement Supply Chain Design Software 91

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Sourcing Strategies 98

Logistics Bureau

DECEMBER 9, 2020

Then we get the Project Procurement Manager, who is responsible for communicating with suppliers concerning the purchase of commodities, equipment, and services. The CPO will lead the sourcing process, develop the organisation’s procurement strategy, identify potential suppliers, conduct negotiations, and manage short and long-term goals.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Procurement Pricing Training 98

GlobalTranz

JANUARY 9, 2019

More recently they’ve started adding smaller trucks, purchasing 20,000 vans as well as virtually guaranteeing profit for anyone willing to run a fleet of their own. Today, for example, Amazon pre-loads un-purchased products onto a truck knowing they will be ordered by the time the truck reaches an area. I bet it will.

Freight 187

Freight Purchasing Training Price Mitigation Strategies Training 187

ShipBob

DECEMBER 28, 2022

Strategic sourcing is a unique purchasing method that aligns your sourcing strategy with your business goals. Rather than making a purchasing decision off of the initial cost, strategic product sourcing allows you to refine your sourcing process by conducting ongoing market analysis and forming strong relationships with suppliers. .

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Purchasing Skills 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 203

Logistics Network Optimization Software Supply Chain Planning Software Logistics Cost Reduction Strategies 203

Procurement Academy

AUGUST 11, 2022

Do you have a plan in place to accommodate changes in your business strategy, and how would changes in demand impact your purchasing decisions and spend? How do you anticipate products and services purchased today integrating into your products and solutions in the future? Supplier relationship management training.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Planning Procurement Solutions Supply Chain 52