Category: procurement
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Managing through bankruptcy
Navigating the Complexities of Procurement During Bankruptcy Bankruptcy presents a myriad of challenges for any business, particularly impacting those in procurement. The role becomes increasingly crucial as you face the pressures of maintaining supply chains amidst financial uncertainty. If you’ve navigated this rocky terrain, your insights could provide invaluable guidance to others in similar situations.…
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Job market – March 2025
Navigating the Job Market in March 2025: A Senior Professional’s Perspective As we step into March 2025, the job market continues to present unique challenges and opportunities. Are you actively exploring new career paths? If so, how are your prospects shaping up in your specific field? Let’s discuss the current state of the job market…
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Resources to study procurement.
Elevating My Procurement Knowledge: Recommended Resources for Self-Study As a dedicated Project Manager preparing to collaborate with procurement specialists in a new organization, I’ve recognized the immense value in deepening my understanding of procurement. While I already possess a solid foundation in this area, I am eager to broaden my expertise through self-study. To achieve…
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Negotiation
Mastering the Art of Negotiation: Securing a Discount on Lab Equipment Securing essential equipment for our tech team is currently a top priority. We’ve recently obtained a quote directly from the original manufacturer for a critical laboratory instrument. However, my manager has tasked me with negotiating a 10% reduction in the price before finalizing the…
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Anyone here have experience using Kodiak Hub as their SRM solution?
Evaluating Kodiak Hub for Supplier Relationship Management: A Manufacturing Perspective In the quest for an effective Supplier Relationship Management (SRM) solution, many organizations find themselves navigating a landscape filled with diverse options. Our team, which operates within the manufacturing sector and interacts with a network of around 900 suppliers, is no exception. Currently, our supplier…
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Pros and cons of Zip?
Evaluating Zip for Procurement: A Balanced Perspective As I embark on my journey in the procurement sector, I’ve been given the responsibility to explore various vendor options for our company. Our leadership team is particularly interested in examining what Zip has to offer as a potential partner. Having recently participated in a demo session with…
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What industry are you in, and how do you feel about your role in procurement?
Title: Exploring the Diversity and Value of Procurement Across Various Industries Introduction The procurement industry may not always find itself in the limelight, but its importance cannot be overstated. Professionals in this field ensure that organizations operate seamlessly by managing resources, negotiating contracts, and overseeing supply chains. Today, let’s explore the diverse industries represented by…
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Which procurement/P2P tool is way too expensive?
Title: Evaluating the Cost-Effectiveness of Procurement Tools: Your Insights Matter In the constantly evolving landscape of procurement and P2P (procure-to-pay) software, cost versus value is a topic that often garners passionate discussions. As an industry professional, you may have encountered certain tools that, despite their claims of increasing efficiency, come with a price tag that…
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My manager
Unraveling Workplace Concerns: A Procurement Dilemma In today’s blog post, I want to delve into a situation that recently unfolded at my workplace, which raises questions about integrity and professional competence. Several months ago, our procurement department welcomed a new addition—a buyer who, after spending two months with us, began to exhibit a noticeable lack…
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How’s Everyone Handling Country of Origin Data Accuracy Lately? (Feeling the Pressure?)
Navigating the Challenge of Country of Origin Data Accuracy in the Face of Rising Tariffs As tariffs once again capture headlines, the importance of precise Country of Origin (COO) data has never been more critical. Companies that overlook this crucial aspect may inadvertently find themselves grappling with unforeseen challenges that can significantly affect their operations.…