Purchasing Collaborative Articles

How do you measure and improve the accuracy of your demand forecasts?

Learn how to measure and improve the accuracy of your demand forecasts, and how to align your supply chain with your demand, in this article.

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What are the common challenges and pitfalls of supplier quality assurance?

32 contributions 1 week ago

Learn how to implement and maintain supplier quality assurance (SQA) in purchasing, and avoid some of the common challenges and pitfalls that can affect your…

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What are the key vendor qualification criteria for your industry or sector?

61 contributions 1 month ago

Learn the key vendor qualification criteria for different industries and sectors, and how to use them to evaluate and select the best vendors for your business.

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How do you prepare for and pass the purchasing contract management certification exam?

10 contributions 2 months ago

Learn how to prepare for and pass the purchasing contract management certification exam with these tips, covering the exam format, CMBOK, practice tests, study…

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How do you evaluate and compare the environmental performance of different products and services?

10 contributions 2 months ago

Learn how to evaluate and compare the environmental performance of different products and services using tips and tools for purchasing professionals.

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What are the common pitfalls or challenges of applying the total cost of ownership model?

28 contributions 2 months ago

Learn how to use the total cost of ownership model to make better purchasing decisions and avoid some of the common challenges and difficulties.

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How do you use change management tools and templates to plan and execute your purchasing strategy?

28 contributions 2 months ago

Learn how to use six types of change management tools and templates to plan and execute your new purchasing strategy effectively.

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How do you identify and evaluate new sourcing opportunities in purchasing?

44 contributions 2 months ago

Learn how to identify and evaluate new sources of supply for your procurement needs using market research, sourcing strategies, tools, and methods.

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How do you handle disputes or claims with vendors or contractors?

17 contributions 2 months ago

Learn how to identify, assess, prioritize, and respond to risks when dealing with vendors or contractors in your procurement project.

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How can AI improve contract management for purchasing professionals?

28 contributions 2 months ago

Learn how artificial intelligence (AI) can improve your contract management process, from creation to monitoring. Discover the benefits and challenges of using AI…

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How do you balance category management and strategic sourcing in your procurement process?

45 contributions 1 month ago

Learn how to balance category management and strategic sourcing, two key approaches to procurement that can optimize your spending, reduce risks, and create value.

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How do you develop and implement purchasing policies and procedures?

25 contributions 2 months ago

Learn the steps to develop and implement purchasing policies and procedures that align with your organizational goals and values, and improve your customer…

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How do you use supplier audit results to improve your purchasing strategy?

15 contributions 2 months ago

Learn how to leverage the insights from your supplier audits and optimize your sourcing decisions. Follow these four steps to enhance your supplier performance and…

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What are the best criteria to use for a supplier selection matrix in your industry?

23 contributions 2 months ago

Learn how to create and use a supplier selection matrix to compare and evaluate different suppliers based on various criteria for your purchasing needs.

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How do you balance cost savings and quality in category management?

18 contributions 2 months ago

Learn how to optimize your purchasing strategy with category management. This article offers tips on how to balance cost savings and quality, from market research…

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What are the key indicators of a potential supply chain disruption or fraud?

10 contributions 2 months ago

Learn how to identify and prevent supply chain disruptions or fraud in purchasing, using a risk assessment framework, mitigation strategies, and tools.

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How do you manage the impact of a purchasing dispute on your inventory and operations?

13 contributions 2 months ago

Learn how to manage the impact of a purchasing dispute on your inventory and operations with these tips on dispute resolution policy and procedures.

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What are the current and emerging trends and challenges in data analytics for purchasing?

7 contributions 2 months ago

Explore the key aspects of data analytics for purchasing, such as data quality, data integration, data visualization, and data ethics, and learn how to overcome the…

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What are the most effective tools and methods for monitoring and controlling purchasing quality?

13 contributions 2 months ago

Learn about the tools and methods for monitoring and controlling purchasing quality, and how to use a quality assurance audit checklist to improve your purchasing…

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How do you handle purchasing emergencies or disruptions in your supply chain?

21 contributions 2 months ago

Learn how to implement purchasing policies and procedures that can help you mitigate risks, respond quickly, and recover smoothly from supply chain disruptions.

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What are the best practices for aligning stakeholder expectations and purchasing criteria?

11 contributions 2 months ago

Learn the best practices for aligning stakeholder expectations and purchasing criteria in this article. Find out how to communicate, negotiate, and improve your…

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What are the best tools and techniques for purchasing negotiation in the digital age?

8 contributions 2 months ago

Learn how to leverage data analytics to improve your purchasing negotiation outcomes and strategies. Discover the tools, techniques, best practices, and challenges…

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What are the benefits and challenges of integrating procurement with other business functions?

14 contributions 2 months ago

Learn the benefits and challenges of integrating procurement with other business functions, and how it affects organizational culture.

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What are the key purchasing KPIs and dashboards that you use or recommend for cash flow analysis?

9 contributions 2 months ago

Learn about the key purchasing KPIs and dashboards that can help you improve your cash flow analysis and procurement strategy.

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How do you leverage supplier feedback and input to improve your purchasing processes?

16 contributions 2 months ago

Learn how to leverage supplier feedback and input to optimize your purchasing processes. Follow these tips on how to collect, analyze, and act on supplier feedback…

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How do you negotiate better contracts with suppliers using BI tools?

7 contributions 2 months ago

Learn how to use business intelligence (BI) tools to analyze your data, benchmark your market, and negotiate your terms with suppliers.

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What are the benefits and challenges of e-negotiation for purchasing managers?

13 contributions 2 months ago

Learn how e-negotiation can help purchasing managers achieve better outcomes, reduce costs, and save time. Also, discover the challenges and tips of e-negotiation.

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How can purchasing support supplier diversity and inclusion goals?

11 contributions 2 months ago

Learn how supplier diversity and inclusion (SDI) can benefit your purchasing organization and your suppliers, and how to support SDI goals in your procurement…

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What are the main challenges and opportunities of sustainable purchasing?

17 contributions 2 months ago

Learn how to implement a quality assurance and purchasing strategy for sustainable purchasing, and how to overcome the challenges and leverage the opportunities of…

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How do you measure the impact of digitalization on your purchasing performance?

8 contributions 2 months ago

Learn how to measure the impact of digitalization on your purchasing performance, using key indicators, methods, challenges, and best practices.

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What are the benefits of using digital tools and platforms for stakeholder communication in procurement?

12 contributions 2 months ago

Learn how digital tools and platforms can help you communicate better with your stakeholders in procurement and achieve more benefits.

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What are the emerging trends and technologies for enhancing supplier quality rating?

14 contributions 2 months ago

Learn about the emerging trends and technologies that can improve your supplier quality rating (SQR) process and outcomes, such as AI, blockchain, IoT, cloud, and…

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How can you develop your negotiation skills as a purchasing professional?

29 contributions 2 months ago

Learn how to achieve better deals, build trust, and resolve conflicts with suppliers by developing your negotiation skills as a purchasing professional. Find out…

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What are the best practices for conducting market research and benchmarking for your purchasing categories?

11 contributions 2 months ago

Learn the best practices for conducting market research and benchmarking for your purchasing categories. Find out how to define your objectives, collect and analyze…

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How do you measure and improve the performance of your purchasing function?

7 contributions 1 month ago

Learn how to conduct a comprehensive and effective cost analysis for your purchasing function, and improve your performance, profitability, and competitiveness.

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What are the current trends and challenges in supplier quality management?

6 contributions 2 months ago

Learn about the trends, challenges, role, skills, and career of a supplier quality engineer (SQE) in purchasing, and how to become one.

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How do you apply your purchasing skills and qualifications to different industries and sectors?

11 contributions

Learn four steps to adapt your purchasing skills and qualifications to different industries and sectors, such as healthcare, retail, IT, and more.

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What are the benefits and challenges of using electronic contract management systems?

17 contributions 2 months ago

Learn about the benefits and challenges of using electronic contract management systems (ECMS) for purchasing contract management and administration.

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How do you foster collaboration and innovation with your suppliers?

37 contributions 2 months ago

Learn how to foster collaboration and innovation with your suppliers in purchasing. Discover six tips to create productive and creative partnerships with your…

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What are some of the strategies and techniques that you use to optimize your purchasing budget and resources?

57 contributions 2 months ago

Learn some of the strategies and techniques to optimize your purchasing budget and resources, and improve your purchasing performance and efficiency.

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How do you use Kraljic's matrix to classify your suppliers?

11 contributions 2 months ago

Learn how to use Kraljic's matrix, a framework for supplier selection and evaluation, to classify your suppliers and manage them effectively.

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What are some of the negotiation techniques that you use to create win-win outcomes for both parties?

45 contributions 2 months ago

Learn some of the negotiation techniques that can help you create win-win outcomes for both parties in purchasing, such as preparing, building rapport, focusing on…

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What are the best practices for conducting contract reviews and audits?

15 contributions

Learn how to conduct contract reviews and audits to improve your purchasing contract management and administration. Find out the objectives, steps, and benefits of…

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What are the different types of purchasing strategies and when to use them?

48 contributions

Learn about the four main types of purchasing strategies: reactive, proactive, strategic, and ethical, and when to use them to optimize your costs, quality…

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How do you develop and maintain positive and long-term relationships with your key suppliers or partners?

35 contributions 2 months ago

Learn how to develop and maintain positive and long-term relationships with your key suppliers or partners based on trust, communication, collaboration, and value.

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How do you ensure the quality and security of your purchases in a digital context?

11 contributions 2 months ago

Learn how to ensure the quality and security of your online purchases with these best practices and tips. Find out how to research, compare, pay, track, verify, and…

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How do you conduct supplier audits and evaluations to ensure quality and sustainability standards?

10 contributions 2 months ago

Learn how to conduct supplier audits and evaluations to ensure quality and sustainability standards in your supply chain and enhance your purchasing skills and…

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What are the key steps and tools for developing a category strategy?

18 contributions 1 month ago

Learn the six key steps and tools for developing a category strategy for purchasing. A category strategy helps you align your procurement goals with your business…

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How do you manage stakeholder expectations and communication during the RFP process?

3 contributions 1 month ago

Learn how to define, communicate, solicit feedback, manage expectations, celebrate results, and transition to contract implementation with your stakeholders during…

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What are the best practices for evaluating and scoring RFP responses?

15 contributions 1 month ago

Learn how to compare different vendors, identify the best fit, and negotiate the best terms by following these tips for evaluating and scoring RFP responses.

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How do you measure the benefits of a purchasing policy?

19 contributions 1 month ago

Learn how to measure the impact of your purchasing policy on your business performance. Find out how to define objectives, choose metrics, collect data, and act on…

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How do you evaluate the impact and value of your purchasing activities on your organization and society?

6 contributions 1 month ago

Learn how to use steps and tools to evaluate the impact and value of your purchasing activities on your organization and society, and improve your purchasing…

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What are the best practices and tools for collaborative procurement in the digital age?

12 contributions 1 month ago

Learn what collaborative procurement is, why it matters, and how to implement it effectively using some of the best practices and tools in the digital age.

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How do you compare different types of cost analysis methods in purchasing?

9 contributions 1 month ago

Learn the differences, advantages, and limitations of four common types of cost analysis methods in purchasing: price analysis, cost comparison analysis…

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How do you design and deliver effective purchasing change training and communication programs?

6 contributions 1 month ago

Learn how to design and deliver effective purchasing change training and communication programs in six steps.

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How do you develop and retain purchasing talent and skills?

42 contributions 1 month ago

Learn how to reduce costs and save money in purchasing by developing and retaining a skilled and talented purchasing team. Follow these tips and best practices.

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How do you measure the ROI of learning and development programs?

9 contributions 1 month ago

Learn how to evaluate the impact and value of your learning and development programs with this practical guide. Discover the methods and tools to measure the ROI of…

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How do you leverage social media and online platforms for collaborative procurement networking and learning?

5 contributions 1 month ago

Learn how to use software and tools to leverage social media and online platforms for collaborative procurement networking and learning. Boost your procurement…

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What are the emerging trends and technologies that are impacting vendor development and training?

5 contributions 1 month ago

Learn how to enhance your vendor development and training in purchasing with digital platforms, sustainability, data analytics, VR and AR, and gamification.

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How do you choose the right learning and development vendor or partner?

6 contributions 1 month ago

Learn how to identify your needs, research your options, evaluate the fit, negotiate the terms, and monitor the results of your L&D partnership.

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How can purchasing leverage AI to improve supply chain visibility and analytics?

9 contributions 1 month ago

Learn how purchasing managers can leverage AI to improve their supply chain visibility and analytics, and what are the benefits, challenges, and steps to get…

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How do you deal with changes and disruptions in purchasing?

16 contributions 1 month ago

Learn how to deal with changes and disruptions in purchasing, such as supply shortages, demand fluctuations, quality issues, or supplier risks. Follow these five…

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What are the key criteria to evaluate a supplier's performance?

7 contributions 1 month ago

Learn how to conduct a supplier audit effectively, and what are the key criteria to look for. Improve your supplier's quality, delivery, compliance, and risk…

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How do you monitor and review a make or buy decision over time?

5 contributions 1 month ago

Learn how to compare and choose between making or buying a product or service for your business, based on the total cost of ownership and other factors.

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How can purchasing professionals demonstrate their value to senior management?

47 contributions 1 month ago

Learn how to gain recognition and financial rewards for your purchasing excellence by aligning your goals, communicating your impact, building your network…

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What are the benefits and challenges of using reverse auctions in purchasing?

11 contributions 1 month ago

Learn how to use reverse auctions in purchasing to optimize your sourcing decisions and achieve the best value for money. Discover the pros and cons of this online…

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How do you foster collaboration and innovation with your strategic suppliers?

8 contributions 1 month ago

Learn six practical steps to create value through supplier relationships. Discover how to understand, trust, co-create, reward, learn, and partner with your…

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How can purchasing support circular economy practices?

4 contributions 5 months ago

Learn how purchasing can support circular economy practices, and how they can benefit your business, your suppliers, and the environment.

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What are the key tools and techniques for managing purchasing risks?

8 contributions

Learn how to identify, analyze, respond, and monitor the risks that could affect your procurement process, and achieve successful outcomes.

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How do you use data and analytics to optimize your purchasing decisions?

10 contributions 1 month ago

Learn how to use data and analytics tools and methods to optimize your purchasing decisions based on supplier selection and evaluation criteria.

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What are the best practices for managing supplier diversity and social responsibility?

14 contributions 1 month ago

Learn how to make your purchasing activities more ethical and socially responsible with these best practices for supplier diversity and social responsibility.

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How do you align purchasing with S&OP goals and forecasts?

7 contributions 1 month ago

Learn how to integrate purchasing into the S&OP process and ensure optimal sourcing decisions. Follow these tips to align purchasing with S&OP goals and forecasts.

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What are the key skills and competencies for purchasing professionals in supplier development and innovation?

14 contributions 1 month ago

Learn what supplier development and innovation are, why they are important, and how to apply them in purchasing. Discover real-world case studies and best practices.

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How do you align supplier performance with your strategic sourcing and procurement objectives?

11 contributions 1 month ago

Learn what supplier performance measurement and management (SPMM) is, why it is important, and how to implement it effectively to optimize your supply chain.

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How do you use AI to forecast demand for new products?

11 contributions 1 month ago

Learn how AI can help you improve your demand forecasting accuracy and efficiency for new products, and what are the benefits, challenges, and tools to use.

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