Strategic Sourcing Seminar Strategic sourcing is a comprehensive approach to procurement that goes beyond simple purchasing. It involves analyzing and managing an organization’s supply chain to optimize procurement processes, reduce costs, and build strong...
Introduction Welcome to Your Guide to Supplier Management! This guide is designed to help you understand the basics of supplier management and how to effectively manage your suppliers. We will cover topics such as...
Six Steps To Create Strategic Sourcing Plan. There are various ways to create a strategic sourcing plan. Some have six steps, others may have eight or nine steps. Creating a strategic sourcing plan involves...
How to choose a supplier: Notes on the Procurement supplier selection process. A strong supply base is essential to a strong supply chain. How do you select your suppliers? What suggestions do you have...
Typical negotiation mistakes of Procurement people. Negotiation mistakes can cost a company millions of dollars. The more prepared you are the less mistakes you will make. Always be ready in negotiations. Do your homework....
Supplier Negotiations & TCO Strategies. Supplier negotiations and total cost of ownership (TCO) strategies are important aspects of procurement and supply chain management. Supplier negotiations refer to the process of negotiating the terms and...
Five Easy Negotiating Tactics that will help you Win every time There is always a better negotiator. Do your homework and be prepared. Know the people you are negotiating with most likely know these...
Procurement and Purchasing Training. Procurement is a critical function in the supply chain, and there are several key things that procurement professionals should know in order to be successful: Overall, procurement professionals need to...
Supply Chain Cost Saving Strategies, CAPS Research This is a CAPS research study by Lisa M. Ellram, Ph.D., Wendy L. Tate, Ph.D., and Thomas Y. Choi, Ph.D. I know both Lisa Ellram and Thomas Choi....
Supplier Management and Development Supplier management and development is the process of overseeing and working with the suppliers that provide goods and services to a company. This includes identifying, selecting, and evaluating suppliers, as...
