Category: Supplier Management
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...
Negotiation Skills Top 10 Tips Negotiation Skills: Top 10 Tips. There are millions of dollars to be saved throughout the supply chain. Improve your negotiation skills to help lower costs. Strategic Sourcing and Procurement...
Supply Chain Cost Reduction – 5 Key Levers There are several ways to reduce costs in the supply chain, some of which include: Optimizing transportation routes: By analyzing shipping data and identifying the most...
The Purchasing Process The purchasing process is the set of activities that a company undertakes to acquire goods and services from suppliers. The process typically includes the following steps: Identifying needs: The first step...
