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Unlock Procurement Success: NLPA Introduces Cutting-Edge Negotiations Course

A 2020 report by The Gap Partnership revealed that nearly [...]

March 6th, 2025|Categories: Contract Management, Cost Reduction, Negotiation, Procurement Operations Management, Savings Strategies, Strategic Procurement, Supplier Management|Tags: , , , , , , , , , , , , , , , , , , , , , , , , |
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FIFO vs. LIFO: Key Insights for Inventory Management

Inventory valuation plays a crucial role in procurement and supply [...]

January 21st, 2025|Categories: Cost Reduction, Inventory Management, Procurement Operations Management, Strategic Procurement, Supply Chain, Technology, Trends|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |
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Mastering FIFO: A Guide for Procurement Teams

What makes FIFO (First-In, First-Out) such a vital strategy for [...]

January 7th, 2025|Categories: Inventory Management, LEAN, Savings Strategies, Strategic Procurement, Supply Chain, Technology|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |
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Top 5 Procurement Strategies from 2025 to Set You Up for Success in 2026

If there’s one thing we’ve learned in 2025, it’s that [...]

December 11th, 2024|Categories: Data Analysis and Statistics, LEAN, Strategic Procurement, Supplier Management, Sustainability|Tags: , , , , , , , , , , , , , , , , , , |
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Top Supply Chain Trends Driving Change in 2025 and Into 2026

The supply chain trends of 2026 have reshaped how businesses [...]

November 26th, 2024|Categories: Procurement, Procurement Technology, Supply Chain, Supply Chain Management, Supply Chain Resilience, Sustainability, Trends|Tags: , , , , , , , , , , , , , , , , , , , |
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Nearshoring or Offshoring? Tips to Choose the Right Strategy

When cost savings is the main driver of a sourcing [...]

August 12th, 2024|Categories: Cost Management, Cost Reduction, Sourcing, Sourcing Strategy, Strategic Procurement, Supply Chain, Training|Tags: , , , , , , , , , , , , , , , , |
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The Benefits of Cashless Procurement Systems

The global supply chain is undergoing a metamorphosis. Traditional methods [...]

April 24th, 2024|Categories: Cost Management, eProcurement, eProcurement, Risk Management, Strategic Procurement, Technology|Tags: , , , , , , , , , , , , |
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Category Management in Procurement

In today's dynamic business landscape, category management in procurement has [...]

February 29th, 2024|Categories: Category Management, Cost Management, Procurement, Supply Chain|Tags: , , , , , , , , , , |
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