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Blog2025-03-11T10:37:19-04:00
  • "NEGOTIATION" prominently displayed in bold red text, surrounded by various related terms

Unlock Procurement Success: NLPA Introduces Cutting-Edge Negotiations Course

March 6th, 2025|Tags: , , , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Unlock Procurement Success: NLPA Introduces Cutting-Edge Negotiations Course

A 2020 report by The Gap Partnership revealed that nearly half of senior procurement professionals admit to lacking confidence in their face-to-face negotiation skills. Given that negotiation plays a pivotal role in cost savings and [...]

  • A warehouse operation showcasing inventory management in action, emphasizing the real inventory flow differences between FIFO and LIFO methods.

FIFO vs. LIFO: Key Insights for Inventory Management

January 21st, 2025|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |Comments Off on FIFO vs. LIFO: Key Insights for Inventory Management

Inventory valuation plays a crucial role in procurement and supply chain management. Among the available methods, FIFO vs. LIFO (First-In, First-Out) and LIFO (Last-In, First-Out) stand out as two widely used approaches. Selecting the right [...]

  • FIFO ensuries the oldest inventory is used or sold first

Mastering FIFO: A Guide for Procurement Teams

January 7th, 2025|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Mastering FIFO: A Guide for Procurement Teams

What makes FIFO (First-In, First-Out) such a vital strategy for inventory management in Purchasing and Procurement? In the fast-paced and ever-changing world of supply chains, FIFO stands out as a simple yet transformative approach. By [...]

  • impactful procurement strategies

Top 5 Procurement Strategies from 2024 to Set You Up for Success in 2025

December 11th, 2024|Tags: , , , , , , , , , , , , , , , , , , |Comments Off on Top 5 Procurement Strategies from 2024 to Set You Up for Success in 2025

If there’s one thing we’ve learned in 2024, it’s that effective procurement strategies can make all the difference in a team’s success. Whether it’s about navigating complex supplier relationships, managing costs, or preparing for unpredictable [...]

  • New year 2025 holiday concept. The number 2025 near old 2024

Top Supply Chain Trends Driving Change in 2024 and Into 2025

November 26th, 2024|Tags: , , , , , , , , , , , , , , , , , , , |Comments Off on Top Supply Chain Trends Driving Change in 2024 and Into 2025

The supply chain trends of 2024 have reshaped how businesses navigate challenges and embrace opportunities. As we wrap up the year, it’s clear the supply chain world isn’t slowing down. From navigating political tensions to [...]

  • broken links and delayed fulfillment highlighting the impact of unforeseen events

How to Keep Your Supply Chain Running When Disruptions Hit

November 14th, 2024|Comments Off on How to Keep Your Supply Chain Running When Disruptions Hit

Let’s be honest—if you’re in supply chain management, you’re no stranger to disruptions. They come in all shapes and sizes: hurricanes wiping out factories, cyberattacks freezing logistics systems, or even global trade tensions causing delays. [...]

Top 5 Procurement Strategies from 2024 to Set You Up for Success in 2025

If there’s one thing we’ve learned in 2024, it’s that effective procurement strategies can make all the difference in a team’s success. Whether it’s about navigating complex supplier relationships, managing [...]

Top Supply Chain Trends Driving Change in 2024 and Into 2025

The supply chain trends of 2024 have reshaped how businesses navigate challenges and embrace opportunities. As we wrap up the year, it’s clear the supply chain world isn’t slowing down. [...]

How to Deal with Difficult Stakeholders in 2025

With today’s mix of hybrid and remote work, knowing how to deal with difficult stakeholders has become more critical than ever. Navigating digital communication and shifting project priorities isn’t always [...]

Why Warehousing Automation Is the Future of Purchasing and Procurement

Warehousing automation is transforming how businesses stay competitive in today’s fast-paced environment by embracing innovative technologies. This change is particularly relevant for procurement and purchasing professionals. As businesses strive for greater [...]

Navigating Supply Chain Attacks: A Cyber Security Guide for Procurement

With AI's lightning-speed evolution, supply chain attacks are expected to become even more sophisticated and harder to detect, putting procurement and logistics professionals on high alert. These attacks will target [...]

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