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Transition to IT Sourcing – need advice!
Navigating a Career Transition into IT Sourcing: Essential Insights and Guidance Embarking on a career shift can be both exciting and challenging, especially when venturing into a new industry with its own set of terminologies, processes, and stakeholder dynamics. If you are currently working as a Sourcing Manager in sectors such as Construction or Maintenance…
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11 legendary negotiation quotes full of wisdom
11 Timeless Negotiation Quotes Rich in Wisdom Negotiation is an art form that requires tact, patience, and a deep understanding of human behavior. Throughout history, renowned thinkers and diplomats have shared insights that remain highly relevant for anyone looking to hone their negotiation skills. Here, we explore eleven iconic quotes that offer valuable lessons to…
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Worst RFP Questions you’ve ever seen?
Unusual and Challenging RFP Questions: A Look into the Most Baffling Vendor Queries In the dynamic landscape of procurement and vendor selection, the Request for Proposal (RFP) process serves as a crucial mechanism to evaluate potential partners. Ideally, RFP questions are designed to glean pertinent information, assess capabilities, and ensure alignment with project goals. However,…
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Stressed and no work-life balance
Navigating Workplace Stress and Work-Life Balance in Procurement Leadership In today’s high-pressure corporate environment, especially within procurement management, many experienced professionals find themselves overwhelmed by demanding workloads and persistent stress. As a senior procurement manager, I have observed firsthand how colleagues at comparable levels often dedicate long hours and remain under constant pressure to meet…
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Do you enjoy your career in procurement?
Exploring a Career in Procurement: Insights and Opportunities Are you considering a career in procurement or are you already in the early stages of this profession? For many young professionals, procurement offers a unique blend of administrative tasks, strategic thinking, and opportunities for growth. Let’s delve into the realities of working in procurement, based on…
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Federal US Procurement Professionals: how has your job changed in the last few weeks (or do you expect significant changes to occur)?
Recent Developments in Federal US Procurement: How Are Public Sector Professionals Navigating Change? In recent weeks, there has been considerable media coverage concerning significant shifts within the executive branch of the United States government. These changes encompass a range of policies and operational adjustments, including modifications to in-office work requirements, alterations in tariffs, layoffs within…
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My company doesn’t want pay for extra licenses for market intelligence tools, so I built my own tool and shared it with my team. They love it, only catch they don’t know I built it 🙂
Enhancing Market Intelligence in Healthcare: How I Developed a Cost-Effective AI Tool for My Team In the rapidly evolving healthcare industry, access to timely and accurate market intelligence is vital for informed decision-making and negotiating effectively with vendors. Traditionally, organizations rely on expensive enterprise solutions such as Gartner, ECRI, and CB Insights, which often cost…
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Relationship vs. Results: What’s Your Approach with Suppliers?
Relationship Building vs. Results-Driven Procurement: Which Approach Yields Greater Success? In the dynamic world of supply chain management, establishing effective relationships with suppliers is often considered a cornerstone of success. However, the balance between fostering personal rapport and focusing purely on transactional outcomes remains a topic of ongoing discussion among professionals. The Traditional, Results-Oriented Approach…
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Is indirect procurement more undervalued than direct?
Understanding the Valuation Disparity Between Indirect and Direct Procurement In the landscape of corporate procurement, a common observation is the differential treatment and perceived strategic value assigned to indirect versus direct procurement functions. Indirect procurement encompasses categories such as information technology, facilities management, marketing services, travel arrangements, and various professional services. These areas are often…
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How do you stay up to date with trends in Procurement?
Staying Informed in the Evolving World of Procurement: Strategies and Resources In the fast-paced and constantly changing landscape of procurement, staying current with the latest trends, tools, and best practices is essential for professionals aiming to maintain a competitive edge. With the proliferation of digital resources and professional networks, determining how to effectively keep up-to-date…