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Procurement Track

Welcome to Procurement Track Tired of feeling lost in today's ever-evolving procurement landscape? The Procurement Management Track is your key to unlocking a lucrative career. The Procurement Management Track isn't just about training - it's an investment in dominance. Master the skills that elevate you from cost-cutter to strategic game-changer. Whether you're a newcomer eager to break into the field or a seasoned professional seeking to up your game, this comprehensive program equips you with the in-demand skills and expertise to excel. The Procurement Manager Track empowers individuals with the skills and knowledge needed to excel in today's dynamic procurement and supply chain landscape.

Buy Now - $1428
$125,319Median U.S. Salary
24:39Hours of on-demand video
449Students
4.8 / 5
10Experts
23Courses
7E-Books
4Best Practices

You'll learn Supply Chain Management Track with these experts


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All 34
Courses 23
Best Practices 4
Books 7
Courses
Courses
1 hour 30 minutes

Proven Techniques of Cost Management in Advanced Procurement

This course delves into proven techniques for cost management in advanced procurement, exploring key concepts like strategic vs. operational procurement, cost management vs. cost reduction, and gross margin improvement (GMI).

Advance
New
Courses
1 hour 20 minutes

Purchasing For Fleet

This course teaches the key considerations involved in fleet vehicle purchasing, including pre-purchase specifications, post-purchase maintenance, warranty management, and the importance of data analysis from fleet tracking software.

Advance
New
Courses
1 hour 5 minutes

Negotiation Tricks & Pitfalls

Learn essential negotiation strategies, including opening tactics, bargaining techniques, and closing deals. Discover how to identify and counter common negotiation pitfalls like the "good cop, bad cop" and the "Colombo" tactics.

Intermediate
Courses
1 hour 15 minutes

Negotiations Soft Skills

This course provides a comprehensive guide to negotiation, covering essential skills like active listening, persuasive techniques, emotional intelligence, and body language.

Intermediate
Courses
55 minutes

Negotiation Tools

This comprehensive negotiation course equips learners with essential tools and strategies to excel in various negotiation scenarios, from supply chain transactions to complex business deals.

Intermediate
Courses
1 hour 5 minutes

Negotiation Principles and Terminology

This course delves into core negotiation principles, covering essential topics like BATNA, ZOPA, and various negotiation styles. Learn how to build effective negotiation teams, understand power dynamics, and apply strategic tactics to achieve successful outcomes.

Intermediate
Courses
50 minutes

Developing a Negotiation Strategy

The course teaches how to develop a negotiation strategy, its objectives, arguments, and levers, understand business context and needs, and prepare using the 3Ps (Preparation, Process, People).

Intermediate
Courses
1 hour 50 minutes

ESG in Procurement Course

This course equips you for sustainable & responsible sourcing. Master sustainable procurement with our ESG in procurement course. Reduce environmental impact & promote ethical sourcing.

Advance
Courses
46 minutes

Mastering Purchasing Process

This course equips you with the entire purchasing process, from steps and roles to inventory systems and key software (ERP & MRP).

Foundation
Courses
59 minutes

Supplier Relationship Management

This course equips you with methods to classify, evaluate, develop, and audit suppliers. Learn how to conduct winning evaluations and build strong partnerships for a more efficient business.

Intermediate
Courses
50 minutes

E-Auction Basics

This course covers the introduction and importance of e-auctions, the opportunities, parameters to keep in mind and the metrics associated with e-auctions.

Advance
Courses
50 minutes

Procurement Toolbox # 1: Category Management

This course covers spend analysis, its categories, needs, and risks.

Foundation
Courses
1 hour

AI in Procurement Basics Course

The AI in Procurement Basics course offers a comprehensive overview of the integration of artificial intelligence into procurement processes.

Advance
Courses
1 hour

Ethical and Responsible Sourcing Practices

This Ethical and Responsible Sourcing Practices course covers ethics in procurement, compliance in procurement, and how to sustain ethical approaches in procurement.

Foundation
Courses
1 hour 05 minutes

Contract Management in Procurement

This course covers documents and contractual agreements between customers and suppliers, clauses, KPIs, and SLAs in contractual agreements in procurement.

Intermediate
Courses
1 hour

Understanding Supplier & Market Analysis

This course covers understanding potential suppliers and doing market analysis by using different approaches such as ABC, PESTEL, and SWOT analysis.

Foundation
Courses
50 minutes

Procurement Toolbox #1: Communication & Facilitation in Procurement

In this course, you'll gain essential communication and facilitation skills for procurement, empowering both new and experienced professionals to navigate complex processes successfully.

Intermediate
Courses
1 hour 12 minutes

How to Choose and Select the Right Digital Procurement Technology

The Digital Procurement Technology course covers a range of topics to help businesses understand the benefits and challenges of implementing digital procurement solutions.

Intermediate
Courses
62 minutes

Introduction to Negotiations Process

In this course, you will learn phases of the negotiation process and building a negotiation team. Preparation for negotiation and planning, defining goals and alternatives. Trade-off and bargaining.

Foundation
Courses
60 Minutes

Total Cost of Ownership & Serve

Learn about Total Cost of Ownership Definition, Key Considerations, The Green Economy Impact, Post Covid Supply Chain Realities and Cost Calculation Checklist

Advance
Courses
1 hour 05 minutes

The Fundamentals of Sourcing Process

In this course you will learn 7 Steps of sourcing process, Make or Buy decision, Approaches to tendering process, Key process for obtaining quotations and tenders, Pre-qualification evaluation and Awarding criteria

Intermediate
Courses
1 hour 10 minutes

Introduction to Category Management

This course covers explanations and definitions of category management, strategy and implementation of category management.

Foundation
Courses
60 minutes

Mastering Procurement - Essentials Skills and Competencies Course

Introduction to Procurement is the ultimate course for Procurement and Purchase Management for Engineers, Entrepreneurs, Managers, and Students

Foundation
Free
Best Practices
Best Practices
Foundation

Indirect Procurement Best Practices Assessment

An Indirect Procurement Best Practices Assessment is a valuable process for organizations to evaluate and optimize their indirect procurement functions. Indirect procurement refers to purchasing goods and services not directly related to producing a company's core products or services. These goods and services include office supplies, IT equipment, marketing services, maintenance, and more. Elements of Indirect Procurement Assessment This assessment has 70 assessment questions in the following 7 Categories:                                                           1.      Procurement Policies and Procedures 2.      Category Management and Sourcing Management 3.      Spend Management 4.      Supplier Management 5.      Contract and contract Management 6.      E-procurement/ Digitization 7.      Risk Management     This Assessment Tool includes a tab to identify the Opportunities for Improvement, Skills Requirements, and Support Needed, and notes critical comments and observations. The tool also shows a score of each assessment element and the overall rating. Why You Should Buy Indirect Procurement Best Practice Assessment   Conducting an Indirect Procurement Assessment offers several benefits:   Cost Savings: An assessment helps identify cost-saving opportunities, such as consolidating suppliers, negotiating better terms, or implementing cost-effective procurement strategies. Supplier Relationship Management: By evaluating supplier performance, organizations can strengthen relationships with key suppliers. Process Efficiency: Assessments can uncover inefficiencies in procurement processes. Risk Management: Identifying potential risks in the supply chain, such as supplier financial instability or geopolitical factors, allows organizations to proactively manage these risks and establish contingency plans. Compliance: Assessments can ensure that the organization is complying with relevant regulations and internal policies. This is particularly important for industries with strict compliance requirements. Improved Visibility: Better visibility into procurement activities and spending allows for more informed decision-making. Benchmarking: An assessment provides a basis for benchmarking against industry standards or best practices, which can help organizations set realistic goals for improvement. Enhanced Strategic Focus: By optimising indirect procurement, organisations can free up resources and personnel to focus on core business activities and strategic initiatives. Data-Driven Decision-Making: An assessment typically involves data analysis, which provides valuable insights for making informed decisions and optimising procurement strategies. Continuous Improvement: An assessment is not a one-time event; it's an ongoing process. Regular assessments can drive continuous improvement in indirect procurement functions. In Summary, Conducting this Indirect Procurement Assessment can lead to significant benefits, including cost savings, supplier relationship improvement, process efficiency, risk management, compliance, enhanced visibility, and strategic focus. These benefits can contribute to overall operational excellence and competitiveness in the marketplace. If you are a SCMDOJO Pro Member, you can download the tool using your monthly credits. In addition to this Indirect Procurement Assessment Tool, you will find other useful assessment tools and best practices created by SCMDOJO. Bundle Offer with this Indirect Procurement Assessment All below products for procurement professionals will be added at 50% of the listed cost in the Bundle Offer in our Gumroad Shop. ALL NEW - Indirect Procurement Best Practices Assessment Introduction to Negotiations Process Procurement KPI Dashboard - Customizable Excel Template with Example      

Best Practices
Intermediate

Negotiation Tools Excel Template

Are you tired of struggling to keep track of negotiation details and outcomes? Our expertly designed Excel template is here to simplify your process and help you achieve optimal results.   What is a Negotiation Tool Template? A negotiation tool template is a structured framework designed to streamline and enhance the negotiation process. It provides a systematic approach to organizing information, analyzing options, and developing effective strategies. By utilizing such a template, individuals can improve their negotiation skills, increase their chances of success, and achieve more favorable outcomes. These templates often include sections for outlining goals, identifying key stakeholders, developing persuasive arguments, and tracking the progress of negotiations.   Key Features of Negotiation Template: Comprehensive Negotiation Phases: Our template covers all stages of the negotiation process, from preparation to closing the deal. Detailed Data Entry: Easily input and track essential information, including dates, participants, and negotiation outcomes. AI-Powered Language Prompts: Get valuable suggestions and guidance from our integrated AI language prompts to enhance your negotiation strategies. Zone of Potential Agreement (ZOPA) Analysis: Identify the range of possible agreements to optimize your negotiations. Customizable and User-Friendly: Easily adapt the template to your needs while enjoying its intuitive interface.   How this Negotiation Template Works:   Download: Get your copy of the template with a simple click. Customize: Tailor the template to your specific negotiation scenario. Track: Input data, track progress, and analyze outcomes. Optimize: Use AI-powered prompts to refine your negotiation strategies.   Why You Should Buy This Negotiation Template   1. Streamline Your Negotiation Process:   Save time and effort: Our template simplifies the negotiation process by providing a structured framework and essential tools. Stay organized: Keep track of key information, negotiation phases, and progress with ease.   2. Make Informed Decisions:   Leverage AI insights: Benefit from AI-powered suggestions and prompts to enhance your negotiation strategies. Identify optimal outcomes: Use the ZOPA template to determine the most favorable agreements.   3. Achieve Better Results:   Negotiate with confidence: Our template empowers you with the knowledge and tools to negotiate effectively. Maximize your outcomes: Improve your chances of achieving favorable terms and conditions.   4. Gain a Competitive Edge:   Stay ahead of the competition: Use our template to outmaneuver your rivals and secure the best deals. Enhance your reputation: Demonstrate your negotiation expertise and professionalism.   Watch Demo of the Tool here!   Don't miss this opportunity to elevate your negotiation skills and achieve remarkable results.    Download this negotiation template and start negotiating like a pro!   Enroll in our comprehensive course on Negotiation Tools to learn and enhance your skillset!     [SCM_BLOG_BUTTON text="Save $49! Download Free Indirect Procurement Assessment Tool" url="https://www.scmdojo.com/indirect-procurement-assessment-tool-signup/"]   Frequently Asked Questions (FAQs)   What is the negotiation template compatible with? Our template is compatible with Microsoft Excel.   Can I customize the template to fit my specific needs? Yes, you can customize the template to suit your unique requirements. You can add or remove columns, change formatting, and adjust the layout.   How often is the negotiation template updated? Our templates are up-to-date and designed to remain current and relevant. You'll receive notifications about any significant updates.   Do I need any special skills to use the template? No, the template is designed to be user-friendly. Basic Excel knowledge is sufficient.   What kind of support is available? Our support team is available to answer your questions and provide assistance. You can contact us via email at [email protected].   Can I use the template for legal or financial advice? No, the template is not intended to provide legal or financial advice. It's a tool to assist with the negotiation process.   Can I request additional features or improvements? Yes, we welcome your feedback and suggestions. Please feel free to contact our support team with your ideas.  

Best Practices
Intermediate

Supplier Excellence Manual

Welcome to the definitive guide to mastering supplier relationships: the "Supplier Excellence Manual," authored by the seasoned expert Dr. Muddassir Ahmed.   What is a Supplier Excellence Manual? A Supplier Excellence Manual is a comprehensive document that outlines the standards, expectations, and requirements for suppliers to meet in order to maintain a strong and mutually beneficial business relationship. It serves as a guide for suppliers to understand the organization's quality standards, delivery expectations, and ethical guidelines. By providing clear expectations and a framework for continuous improvement, a Supplier Excellence Manual helps to ensure that suppliers consistently deliver high-quality products and services.   What Is Included in the Supplier Excellence Guide   This meticulously designed manual offers a comprehensive blueprint for enhancing every facet of supplier interactions. This includes initial vetting to sustainable partnership development. Whether you're a seasoned procurement professional or a newcomer to supply chain management, this guide lays out clear, structured approaches and best practices that will revolutionize your operations.   From establishing robust evaluation criteria and onboarding processes to fostering long-term collaborations and managing exit strategies, the guide provides practical templates, step-by-step approaches, and actionable insights. Designed to streamline operations and elevate standards, this best practice guide is an indispensable resource for enhancing supplier engagement and optimizing your supply chain dynamics.   Why Procurement and Supply Chain Professionals Must Buy This Supplier Excellence Guide   Enhance Supplier Performance: Gain strategies to boost supplier reliability and quality, directly improving overall supply chain effectiveness. Mitigate Supply Chain Risks: Learn how to proactively identify and manage potential risks, safeguarding your operations against disruptions. Drive Cost Efficiency: Discover actionable methods for achieving significant cost reductions through optimized supplier interactions and agreements. Standardize Supplier Processes: Implement a consistent approach to managing supplier relationships, ensuring uniformity and professionalism across all engagements. Foster Stronger Partnerships: Strengthen collaboration with suppliers through enhanced communication techniques and strategic development initiatives, enhancing mutual success.   What are the Benefits of the Supplier Excellence Guide?   Standardization and Consistency in supplier management and relationship Improved Supplier Performance Strategic Supplier Development Ideas for cost savings from suppliers Risk Mitigation in Supply Chain Enhanced Communication and Collaboration with suppliers A well-defined Supplier Excellence Manual can differentiate a company from its competitor   Don't miss out on the opportunity to transform your supplier management strategies. "Supplier Excellence Manual" is more than just a resource—it's an investment in the future of your business. Elevate your supply chain to new heights of efficiency and collaboration and confidently navigate modern procurement's complexities. Join Dr. Ahmed as he unveils the secrets to supplier management success. You can discover how leading-edge practices can propel your business forward.    Learn how to categorize your suppliers for targeted strategies, conduct effective evaluations to ensure quality and performance, and foster collaborative partnerships that drive mutual success with our course!   Buy your copy today and start building stronger, more resilient supplier relationships!   About the Author – Dr. Muddassir Ahmed   Dr. Muddassir Ahmed is the Founder & CEO of SCMDOJO. He is a global speaker, vlogger, and supply chain industry expert with 19 years of experience in the Manufacturing Industry in the UK, Europe, the Middle East, and South East Asia in various Supply Chain leadership roles.  Dr. Muddassir has received a PhD in Management Science from Lancaster University Management School. Muddassir is a Six Sigma black belt and has founded the leading supply chain platform SCMDOJO to enable supply chain professionals and supply chain teams to thrive by providing best-in-class knowledge content, tools, and access to experts. You can follow him on LinkedIn, Facebook, Twitter or Instagram  Frequently Asked Questions   Q: Who is the supplier excellence guide for? A: This guide is designed for procurement and supply chain professionals of all levels, from beginners to seasoned experts. Q: What topics does the guide cover? A: The guide covers a wide range of topics, including supplier selection, evaluation, onboarding, performance management, relationship building, and risk mitigation. Q: How can this guide help my business? A: By implementing the strategies and best practices outlined in this guide, you can improve supplier performance, reduce costs, mitigate risks, and strengthen your supply chain. Q: Is there practical guidance in the supplier excellence guide? A: Yes, the guide includes practical templates, checklists, and case studies to help you apply the concepts to your specific business needs. Q: What makes Dr. Muddassir Ahmed qualified to write this guide? A: Dr. Muddassir Ahmed is a seasoned supply chain expert with years of experience in various industries. He has a deep understanding of the challenges and opportunities in supply chain management.

Best Practices
Intermediate

Procurement KPI Dashboard (Excel Template)

Welcome to the ultimate solution for mastering Procurement metrics – our Procurement KPI Dashboard Excel template. This powerful tool is meticulously crafted to redefine how you comprehend and measure essential metrics in your Procurement process. Easy customization options put you in control of monitoring, measuring, and optimizing key performance indicators crucial to your business's success. The pivotal Procurement metrics dashboard aids in maintaining SMART(Specific, Measurable, Attainable, Realistic, and Timely) targets, driving Continuous Improvement within your Business and Supply Chain. As stated by Handfield et al. (2009), this Dashboard's benefits encompass:   Systematic measurement, leading to improved performance. Enhanced communication throughout the supply chain. Identification of areas for enhancement. Provision of opportunities for feedback. Boosting motivation and aligning behavior toward the anticipated outcomes.   “If you cannot measure it, you cannot improve it” – Lord Kelvin.   Procurement KPIs serve as a performance measurement tool capable of evaluating and monitoring an organization's procurement management efficiency. This Procurement KPI Dashboard Excel template assists corporations to: Optimize Quality Control Spending Improve Time and Costs   Moreover, procurement KPIs aid businesses in tracking their overarching process goals, procurement strategies, and business objectives.   Also Read: Supply Chain KPI Dashboard   [SCM_BLOG_BUTTON text="Download Free Procurement KPIs Cheat Sheet PDF" url="https://www.scmdojo.com/procurement-kpis-cheat-sheet/"]   Key Features and Reasons to Buy the Procurement KPIs Dashboard (Excel Template):   Unlock the potential of your Procurement process with our KPI Dashboard Excel template, offering: SMART Target Maintenance: Ensures Specific, Measurable, Attainable, Realistic, and Timely targets are consistently met. Continuous Improvement Driver: Facilitates ongoing enhancements within your business and supply chain. Effective Communication: Fosters improved communication across the entire supply chain. Identifying Enhancement Areas: Pinpoints areas for improvement for strategic growth. Feedback Opportunities: Provides opportunities for valuable feedback loops. Motivation and Alignment: Boosts motivation and aligns behavior towards anticipated outcomes. Effortless Customization: Tailor the dashboard to fit seamlessly with your unique business needs. Optimizing and Controlling Spending: Streamlines processes to optimize and control procurement costs. Quality, Time, and Cost Management: Assists in achieving excellence in quality, time, and cost parameters. Time Efficiency: Save valuable time by automating the measurement and monitoring of KPIs. This allows your team to focus on strategic tasks rather than routine data collection. You can save 6-8 days of dashboard production time. Industry Best Practice: The Supply Chain KPI Dashboard shows all standard supply chain KPIs used in many industrial verticals.   Procurement KPIs are more than just metrics; they are the key to evaluating and monitoring your organization's procurement management efficiency. Our template ensures you stay on top of your procurement strategies, overarching process goals, and business objectives.   16 Recommended Procurement KPIs to track in 2024   I could have compiled a list of 30+ Procurement KPIs across various categories within Procurement. However, drawing from over 16 years of experience, I've curated a selection of 16 Procurement KPIs organized under the following Performance Attributes. This list should comprehensively address all essential aspects of the Procurement Function. How To Measure Procurement KPIs?   Create Your Own Procurement KPIs template in Excel   As you have identified additional KPIs in the Actual Sheet, you will need to set targets for your teams for these KPIs in the next sheet i.e. Target Sheet. This will make it easier for you to make comparison with year-to-year values and future target values.   Also Read: Logistics KPI Dashboard Excel Template   Furthermore, the next few sheets will give you a visual representation of the values that will help you understand trends forming in the available charts. It will visually represent the team's effort and work on one screen. The KPI charts would tell you the summary: Cost Quality Time Spend Management Input Output Procurement KPI Dashboard Demo & Tutorial       Procurement KPI Dashboard Snapshot     Frequently Asked Questions (FAQs):   Q: What makes this Procurement KPI Dashboard Excel template unique? A: Our template offers customization, facilitating tailored solutions for your business. Q: How does this dashboard contribute to Continuous Improvement? A: It systematically measures and identifies areas for enhancement, driving ongoing improvement. Q: Can I use this template for different procurement strategies? A: Absolutely, it is designed to adapt to various procurement strategies and objectives. Q: How does this template help in controlling procurement costs? A: By providing real-time insights, it empowers you to optimize and control spending effectively. Q: Is technical expertise required to use this Procurement KPI Dashboard? A: No, it is user-friendly, ensuring easy navigation and customization for all users. Q: How can I access or modify data entry (Master Data)? A: Click on View, then select Header. Unhide columns O to AH. You will then be able to access the data entry/Master Data. A concise PowerPoint presentation is also available for download, outlining the steps.   Recommended Reading Linked with Procurement KPI Dashboard Examples Top 18 Supply Chain KPIs for the Supply Chain Team 17 Most Common Procurement Problems and Their Solution 27 Best Procurement Blogs and Websites You Should Bookmark 21 Authentic Procurement Interview Questions and Answers Guide What is MRO? – All You Need to Know 3 Types of Supplier Segmentation Matrix You Can Use to Classify Suppliers   Dr. Muddassir Ahmed, Ph.D References References: Brewer, P. C., & Speh, T. W. (2000). Using the balanced scorecard to measure supply chain performance. Journal of Business Logistics, 21(1), 75. Dilbert ‘Performance Measurement at: https://dilbert.com/strip/1996-07-18 and Handfield, et al. (2009)

Books
Books

Artificial Intelligence in Procurement - Volume 2

Join Marc Kloepfel, a seasoned procurement expert with over 25 years of international experience, as he delves deeper into the transformative power of AI in the procurement field. Building on the insights from his first volume of Artificial Intelligence in Procurement, Marc explores AI's advanced roles in redefining strategic procurement. With a rich background in leading significant global procurement optimization projects, Marc brings actionable insights to propel your procurement strategies to new heights.   What You'll Learn from This Book:   In-depth Analysis: Gain a deeper understanding of how AI enhances decision-making, automates operations, and drives efficiency across supply chains. Practical Strategies: Learn practical steps to leverage AI effectively within your procurement operations, from overcoming integration challenges to harnessing its full potential for cost optimization. Future-Ready Skills: Equip yourself with the knowledge to navigate the rapidly evolving procurement landscape where AI is pivotal in managing risks and supplier relationships.   Artificial Intelligence in Procurement Book Is Ideal For:   Procurement Professionals: Whether you're a seasoned manager or new to the field, gain insights into advanced AI applications that could revolutionize your procurement strategies. Business Leaders: Understand the strategic advantages of integrating AI in procurement to drive business growth and operational efficiency. Technology Enthusiasts: Explore the intersection of AI technology and procurement processes, and how it’s shaping the future of industries.   Why You Must Buy This Book:   "Artificial Intelligence in Procurement Volume 2" is more than just a technical guide. It is a visionary exploration of AI’s role in modernizing procurement landscapes. Marc Kloepfel’s extensive expertise and practical approaches make this book an essential tool. It is specifically designed for anyone looking to enhance their strategic capabilities and lead in the age of AI-driven procurement.   About Marc Kloepfel    Marc Kloepfel is an experienced professional from Germany with 25 years in procurement and supply chain management. He co-founded Kloepfel Group, a leading consultancy in Europe, and after merging with EPSA group, became part of the largest SCM consultancy in Europe. Besides this, Marc invests in ventures related to procurement, AI, ESG, and supply chain management, such as SCMDOJO. Moreover, throughout his career, Marc has been passionate about sharing knowledge and experience with supply chain enthusiasts across the globe. To align with this intention, Marc continues to create informative online content and develop insightful eBooks such as "Artificial Intelligence in Procurement" that help transform a novice into an expert.   Watch Mastering Procurement - Essentials Skills and Competencies by Maryna Trepova on our SCMDOJO YouTube Channel!  

Intermediate
Books

Project Cost Estimating and Management (PCEM)

Are you ready to take your project management skills to the next level? Look no further! Project Cost Estimating and Management (PCEM) is your comprehensive guide to mastering the art of project cost management. Whether you're a seasoned project manager, a budding cost estimator, or any professional involved in projects, this book is your ultimate resource for achieving success. Here's why you need it: Elevate Your Project Management Skills Learn advanced techniques and best practices to elevate your cost management skills and deliver projects on time and within budget. Refine Your Estimation Techniques Gain insights into refining your estimation techniques and confidently present accurate forecasts to stakeholders and clients. Gain a Solid Understanding Whether you're a project manager, or any professional involved in projects, this book helps you gain a solid understanding of cost management principles.     Who Should Grab This Guide? This guide is essential for: Aspiring Project Managers Elevate your cost management skills and learn how to deliver projects on time and within budget with confidence. Cost Estimators Refine your estimation techniques and become proficient in presenting accurate forecasts to stakeholders and clients. All Project Professionals Gain a solid understanding of cost management principles, regardless of your role in the project, and enhance your overall project management capabilities.   [Watch what happens when a project manager interferes with the Supply Chain Manager at our channel!]     Read more on The Best Project Management Books & Online Courses on our website SCMDOJO!   What You'll Learn Mastering Cost Estimation Explore advanced techniques and best practices for accurately estimating these costs, ensuring no surprises come during the execution time. Effective Cost Management Strategies Discover proven strategies for managing these costs efficiently, allowing you to stay within budget constraints while delivering exceptional results. Real-world Case Studies Learn from real-world case studies and examples that illustrate successful project cost management in action, providing valuable insights and practical knowledge. Tools and Resources Gain access to exclusive tools and resources designed to streamline your cost estimation and management processes, saving you time and effort. Industry Insights Stay updated with the latest industry trends and best practices in project cost management, ensuring you're always one step ahead of the competition.   Why Choose Project Cost Estimating and Management (PCEM)? Comprehensive Coverage Covering everything from cost estimation techniques to effective cost management strategies, this book provides comprehensive coverage of all aspects. Practical Approach With a focus on real-world applications and practical solutions, this guide equips you with the knowledge and skills you need to succeed in your projects. Trusted Resource Written by industry experts, this book serves as your trusted resource for mastering project cost management and achieving success, every time.   Ready to Elevate Your Project Management Skills? Don't miss out on the opportunity to master cost estimating and management! Grab your copy of Project Cost Estimating and Management (PCEM) today and take the first step towards becoming a project management expert! Buy now and start saving!  

Intermediate
Books

Decoding Supplier Quotes: A Procurement Guide to Cost Analysis

Tired of hidden costs and confusing quotes? For procurement professionals, this procurement handbook is the key to negotiating like a pro. Procurement is a cornerstone of successful business operations, but decoding supplier quotes can often feel like navigating a labyrinth. With "Decoding Supplier Quotes," we offer you a comprehensive guide to demystify the complexities of supplier quotes, empowering you to make informed decisions while driving cost-effective procurement strategies.   Here's why you need Decoding Supplier Quotes in your arsenal Understanding supplier quotes isn't just about getting the best price; it's about comprehensively analyzing costs to maximize value and minimize risks. Our guide equips you with the tools and knowledge necessary to dissect supplier quotes effectively, enabling you to:   Learn to dissect quotes effectively before negotiations Discover various methods like comparative analysis, bottom-up estimating, and historical data analysis to gain a 360-degree view of true costs. Identify hidden costs and potential savings Negotiate more favorable terms with suppliers Mitigate procurement risks and ensure quality standards Streamline your procurement process for efficiency and effectiveness   Who Can Benefit From This Guide   Procurement Managers looking to enhance their strategic capabilities Supply Chain Professionals seeking to optimize supplier relationships while driving cost savings Small Business Owners aiming to navigate supplier quotes with confidence and maximize their purchasing power Students and Academics studying procurement or supply chain management Anyone seeking to improve procurement efficiency and cost control     What You'll Discover Inside   You received a Quotation from the vendor, now what? Significance of a Quote and the need to understand it before negotiation Drivers of Price Analysis Key Components of Price Breakdown Defining Key Concepts like Price Analysis, Cost Breakdown, and the concepts of Total Cost of Ownership   Understanding Supplier Quotes Key components of a vendor quote List of potential indicators of hidden costs   Gaining Transparency of Supplier Quotes Best Practices   Cost Analysis Methods Comparative Market Analysis Should Cost Analysis Bottom Up estimating Parametric Estimating Analyzing historical prices by leveraging SAP Functionalities   Evolving Market Intelligence Platforms for Cost Analysis     Why Choose Decoding Supplier Quotes? Expert Insights on Supplier Quotes: Authored by seasoned procurement professionals with years of industry experience, our guide offers practical wisdom. Moreover, it offers expert guidance you can trust. Actionable Strategies: From theory to practice, we provide strategies to take action and techniques that you can implement immediately to drive visible results. Comprehensive Coverage: Whether you're a novice or a seasoned pro, our guide covers everything from the fundamentals to advanced concepts, ensuring there's something valuable for everyone. Accessible Format: The text is written clearly. Moreover, it includes practical examples and case studies, our guide is accessible to readers of all backgrounds and experience levels. Buy now and start saving!  

Intermediate
Books

ESG in Procurement

"ESG in Procurement" delves into the critical integration of Environmental, Social, and Governance (ESG) principles within procurement processes. Written by Marc Kloepfel, this eBook provides a comprehensive guide for procurement professionals seeking to enhance sustainability, ethical practices, and governance in their operations. Furthermore, it covers the importance of ESG, the benefits and challenges of implementing these strategies, and provides practical advice on achieving ESG goals in the department.   Key Takeaways:   Understanding ESG in Procurement: Learn the foundational concepts of ESG and their significance in modern procurement practices. Benefits and Challenges: Gain insights into the advantages of integrating ESG into procurement, such as competitive advantage and quality improvement, as well as the potential challenges like cost implications and supplier uncertainties. Effective ESG Implementation: Discover step-by-step strategies for embedding ESG principles into procurement processes, from aligning goals to incentivizing suppliers. Monitoring and Measuring ESG: Explore tools and methodologies for tracking and assessing ESG performance within the supply chain. Moreover, this ensures ongoing improvement and compliance. Global ESG Standards and Regulations: Understand the varying landscape of ESG regulations across different regions. These include the EU, USA, Asia, and the Middle East, and their impact on procurement practices.   About Marc Kloepfel   Marc Kloepfel is a seasoned procurement and supply chain consultant with nearly 25 years of international experience. As the co-founder of Kloepfel Group, a leading procurement consultancy, and an active investor in innovative business models related to procurement, AI, and ESG, Marc brings a wealth of expertise and a forward-thinking approach to sustainable business practices. Moreover, his extensive background and entrepreneurial spirit make him a trusted voice in the field. Furthermore, he drives continuous learning, innovation, and positive impact.     Watch Top 10 Procurement KPIs You Should Know at our SCMDOJO YouTube Channel!  

Advance
Books

Artificial Intelligence in Procurement - Volume 1

This eBook, authored by Marc Kloepfel, dives into the transformative role of Artificial Intelligence (AI) in procurement processes. It highlights how AI streamlines operations, enhances decision-making and improves supplier selection and management. Overview of the EBook:   Introduction to AI in Procurement Benefits and Challenges of AI implementation in procurement Procurement functions assisted by AI Advanced AI tools used in Procurement Role of ChatGPT in Procurement Barriers to implementing AI in procurement Effective Ways to Implement AI in Procurement   What Readers Will Gain:   Understanding of AI's Role: Learn how AI transforms procurement by enhancing efficiency, accuracy, and strategic decision-making. Insight into AI Tools: Discover various AI tools used in procurement, such as ChatGPT for contract management and supplier evaluation. Knowledge on Implementing AI: Gain insights into effectively implementing AI in procurement processes for strategic advantages. Challenges and Solutions: Understand common challenges in AI adoption within procurement and strategies to overcome them.   By reading this detailed eBook on Artificial Intelligence in Procurement, readers will not only grasp the current and potential applications of AI in procurement but also learn about the benefits, challenges, and key tools associated with AI adoption in the procurement process. This knowledge can empower procurement professionals to leverage AI technologies to drive value and innovation in their organizations' supply chains.   About Marc Kloepfel   Marc Kloepfel is an experienced professional from Germany with 25 years in procurement and supply chain management. He co-founded Kloepfel Group, a leading consultancy in Europe, and after merging with EPSA group, became part of the largest SCM consultancy in Europe. Besides this, Marc invests in ventures related to procurement, AI, ESG, and supply chain management, such as SCMDOJO. Throughout his career, Marc has been passionate about sharing knowledge and experience with supply chain enthusiasts across the globe. To align with this intention, Marc continues to create informative online content and develop insightful eBooks such as "Artificial Intelligence in Procurement" that help transform a novice into an expert.   Watch Mastering Procurement - Essentials Skills and Competencies by Maryna Trepova on our SCMDOJO YouTube Channel!  

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Books

Activity Based Costing in Procurement

Are you tired of feeling like you're swimming against the tide in procurement, constantly fighting with hidden costs that sabotage your efforts? It's time to take control with our comprehensive guide to Activity Based Costing (ABC) in procurement.   Benefits of Mastering Activity-Based Costing in Procurement Uncover Hidden Savings Opportunities Identify and eliminate hidden costs throughout your supply chain Gain insights into cost drivers and areas for optimization Maximize cost-saving opportunities with accuracy and clarity Streamline Procurement Processes Enhance efficiency in procurement workflows Streamline decision-making with accurate cost data Improve resource allocation for maximum impact Elevate Strategic Decision-Making Make informed decisions backed by comprehensive cost analysis Align procurement strategies with company goals Drive strategic initiatives with confidence and accuracy Gain Competitive Advantage Stay ahead of competitors by optimizing procurement costs Enhance agility and adaptability in a dynamic market Position your organization for long-term success and growth Enhance Collaboration Across Teams Foster collaboration between procurement, finance, and other departments Facilitate data-driven discussions and decision-making processes Strengthen cross-functional partnerships for shared success Unlock Professional Development Opportunities Expand your skill set and expertise in procurement Develop a deeper understanding of cost management principles Advance your career with valuable knowledge and insights     Who Can Benefit From Activity-based Costing Guide Procurement managers Procurement Analysts Sourcing professionals Supply chain specialists This guide is written to elevate the expertise of anyone committed to: Enhancing procurement efficiency Mastering cost control   Watch 6 benefits of ABC Analysis taught by our expert Dr. Muddassir Ahmad here!     What You'll Discover Inside Discover the power of ABC to unveil hidden costs lurking within your supply chain. Our guide equips you with the knowledge and tools to identify opportunities for substantial savings, transforming your procurement strategy.   Read more on ABC Classification in Inventory Management: Everything You Need To Know on our website SCMDOJO!   Why Choose an Activity-Based Costing Guide? Comprehensive Coverage Dive deep into the intricacies of Activity Based Costing (ABC) tailored specifically for procurement. Gain a thorough understanding of how ABC can revolutionize your procurement strategies. Practical Insights Benefit from real-world experiences shared by industry experts and seasoned professionals. Translate theory into actionable strategies with practical examples and case studies. Immediate Impact Start implementing ABC techniques immediately to uncover hidden savings and optimize procurement processes. Experience tangible results with reduced costs and improved decision-making from day one. Tailored for Professionals Designed for procurement managers, analysts, sourcing professionals, and supply chain specialists. Irrespective of your role, this guide equips you with the tools and knowledge to excel in procurement. Proven Success Stories Learn from success stories of organizations that have leveraged ABC to achieve remarkable cost savings and efficiency gains. Gain inspiration and insights from real-world examples to drive similar success in your organization. Buy now and start saving!  

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Books

PhD Thesis – Enhanced Supplier Development Framework

This is the PhD Thesis with the title Enhanced Supplier Development Framework. Dr Muddassir Ahmed conducts research in the University of Lancaster. PhD Thesis – Abstract Enhanced Supplier Development Framework: a systematic approach to improve supplier performance   Although Supplier Development (SD) has been of importance to industry for a number of years, the academic community has been slower to study this phenomenon.  However, in the last two decades, the focus on SD has increased. This PhD thesis research is particularly addressing SD from both an industry and academic perspective. The specific weakness of existing activities within the industry in deploying their SD programs is the lack of a systematic approach. Given that such an approach could not be identified within the literature either, it is argued here that there was a widespread need for purchasing and supply chain management professionals to be able to identify appropriate SD activities by means of an appropriate method or framework.   To address this research gap, this PhD thesis has developed a conceptual SD framework through action research. This is the first study which demonstrates the development and detailed account of the implementation process. Performance improvements observed include: improving delivery and quality performance of selected suppliers.   And this PhD thesis and doctoral dissertation, empirical evidence was collected from supply chain practitioners via interviews/ questionnaires pre- and post-implementation to identify their views on the important issues to consider when developing and implementing a SD framework.   Key practical implications of the SD framework developed in this doctoral dissertation are the alignment of goals/objectives internally within the organisation and with the suppliers. It is intended to serve as a high level process map for SD and acts as a communication tool to create a common understanding of key steps involved in SD amongst all the stakeholders involved. Future research should explore case studies and/ or involve survey methods with a wider audience to increase the validity of the results. Finally, this thesis takes a buying firm’s perspective only and does not include any views from the supplier’s perspective; therefore taking a supplier’s perspective is also a key recommendation for future research.   PhD Thesis Literature Review You can download the research paper Supplier Development Literature Review and Key Future Research Areas here for free!

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449Students
4.8 / 5 (65)

Easy to follow, well-made course. While this class by James Meads might not apply much to base level procurement who have no authority in large decis ...

ChristinaHow to Choose and Select the Right Digital Procurement Technology course

SCMDOJO's Introduction to Category Management course offers a well-rounded learning experience for professionals aiming to master category management ...

TarekIntroduction to Category Management course

Introduction to Category Management by SCMDOJO is an invaluable resource for procurement professionals seeking to enhance their skills and knowledge i ...

SaidIntroduction to Category Management course

I recently completed the How to Choose and Select the Right Digital Procurement Technology Solution course by James Meads, and I must say it exceeded ...

ShofiqulHow to Choose and Select the Right Digital Procurement Technology course

After completing the Digital Procurement Technology course by James Meads, I feel equipped with valuable insights and practical knowledge essential fo ...

ColinHow to Choose and Select the Right Digital Procurement Technology course

I recently completed the 'Procurement Toolbox #1: Communication & Facilitation in Procurement' course offered by SCMDOJO Academy, and it exceeded my e ...

MarkProcurement Toolbox #1: Communication & Facilitation in Procurement course

The 'Procurement Toolbox #1: Communication & Facilitation in Procurement' course offered by SCMDOJO Academy is a game-changer for procurement professi ...

EmadProcurement Toolbox #1: Communication & Facilitation in Procurement course

Through his course, I learned about TCO's key considerations, green economy impact, post-COVID supply chain realities, and cost calculation checklist. ...

SaurabhTotal Cost of Ownership & Serve course

It helped me understand the process and how to handle the challenges I come across in my role as supply chain manager. The tips learned from this co ...

SaurabhIntroduction to Negotiations Process course

Miss Maryna did a fantastic explanation for the sourcing process steps and to understanding the strategies of sourcing. An interesting and brief expl ...

SultanThe Fundamentals of Sourcing Process course

The Sourcing Process course by SCMDOJO Academy, led by Maryna Trepova, MBA, offers a comprehensive introduction to procurement and sourcing essentials ...

AhmedThe Fundamentals of Sourcing Process course

The course is absolutely fantastic, offering in-depth knowledge about obtaining services and understanding the associated costs. My suggestion is to i ...

TariqTotal Cost of Ownership & Serve course

SCMDOJO Academy's Sourcing Process course, instructed by Maryna Trepova, MBA, is a must for anyone looking to master procurement fundamentals. With pr ...

abhishekThe Fundamentals of Sourcing Process course

Thank you Maryna, thank you SCMDOJO. Great course to have the basic stages on how to deal with suppliers negotiation, sitting limits and goals. The co ...

SultanIntroduction to Negotiations Process course

This course is very helpful to the people who started their career just. It has been designed with basic and intermediate approaches to Procurement. P ...

Md. ZillurMastering Procurement – Essentials Skills and Competencies Course course

Enjoyed course! Great explanation of "eBay reversed" along with Dutch & Japanese Reverse. Very well-made graphs helped breakdown all aspects of t ...

ChristinaE-Auction Basics course

Great explanations of goals and types of procurement. Solid advice on how to navigate and succeed through the frustrating aspects of finance departme ...

ChristinaProven Techniques of Cost Management in Advanced Procurement course

Mr. Todd is very good at explaining in detail the process and preparation for negotiations of all kinds while including relevant personal examples and ...

ChristinaDeveloping a Negotiation Strategy course

Great course that helps in getting a comprehensive foundation in category management, covering spend analysis, stakeholder engagement, cost drivers, a ...

SiddharthProcurement Toolbox # 1: Category Management course

Very helpful and well explained course. Lesson 5's TOC tool for EV's would be very helpful to anyone considering fuel alternative vehicles even for t ...

ChristinaPurchasing For Fleet course

Thorough breakdown of negotiation scenarios, steps, and topics and incredibly helpful breakdown and explanation of the Negotiation Tool Template. Hig ...

ChristinaNegotiation Tools course

It was very interesting course and specially five rights of procurement. It was a nice and easy to understand course module with learning quiz.

YasirMastering Procurement – Essentials Skills and Competencies Course course

The fundamentals and concepts were excellently addressed. Additionally, Maryana's interaction teaching style encouraged active participation.

AdershMastering Procurement – Essentials Skills and Competencies Course course

Tons of information on ESG, blockchain, scope 3 management, ESAP, and SO much more! Strong reminder the EU is far advanced compared to USA.

ChristinaESG in Procurement Course course

Clearly, very well explained topics of delivering value, Kraljic matrix, risk mitigation. Gave me a good laugh with his sports car visual.

ChristinaProcurement Toolbox # 1: Category Management course

The basics and concepts were covered wonderfully and I particularly loved the editing of the videos and how the graphics were designed.

AribaMastering Procurement – Essentials Skills and Competencies Course course

It’s good good introduction for ChatGPT and gimini but How can we formulate prompts ChatGPT and Gimin for procurement step by step

AmaishAI in Procurement Basics Course course

the course was very concise, the lessons were good but could have been great if the instructor could have been delve deeper.

YusopContract Management in Procurement course

Thorough explanation of benefits and challenges using AI in procurement along with examples of AI use shown in lesson 8.

ChristinaAI in Procurement Basics Course course

Very good course explaining ethics and sustainability as well as preventing issues with corruption and compliances.

ChristinaEthical and Responsible Sourcing Practices course

The content is explained very simply, and well organized. Taking the audience through a smooth learning journey.

ShadyIntroduction to Negotiations Process course

I really liked the courses because she taught from basics of procurement and how it helps the business needs

LokeshMastering Procurement – Essentials Skills and Competencies Course course

Very informative strategies concerning category management, specification types, and implementation plans

ChristinaIntroduction to Category Management course

Great introduction to Negotiations, hard to Follow Trainer due to non proficiency level of English.

BramIntroduction to Negotiations Process course

- Connection buffering - Provide specific scenario - present exactly the tools during presentation

Manne JoneSupplier Relationship Management course

Mr. Todd is well spoken, easy to follow, & clarified topics and terminology very well.

ChristinaNegotiation Principles and Terminology course

Great course expanding knowledge and skills of self-awareness and emotional intelligence.

ChristinaNegotiations Soft Skills course

Tons of information about sourcing, purchasing, inventory, P2P, ERP, & MRP systems.

ChristinaMastering Purchasing Process course

Great instructor made content easy to understand and follow. Highly recommend course!

ChristinaTotal Cost of Ownership & Serve course

Very helpful methods of effective communication for procurement and all parts of life.

ChristinaProcurement Toolbox #1: Communication & Facilitation in Procurement course

Lessons break down categories well - made content easy to follow, understand, absorb.

ChristinaUnderstanding Supplier & Market Analysis course

Many useful instructions and information on how to plan/prepare/conduct negotiations

ChristinaIntroduction to Negotiations Process course

Course can be more advance, overall was good ! Instructor have good teaching style.

MuhammadMastering Procurement – Essentials Skills and Competencies Course course

Mr. Todd does a fantastic job with all his negotiation courses. Highly recommend!

ChristinaNegotiation Tricks & Pitfalls course

Great course to understand basic elements in purchasing, procurement and sourcing

SiddharthMastering Purchasing Process course

Great overview with good examples and their impacts on the total value and margin

UfukTotal Cost of Ownership & Serve course

Great Course to get a thorough understanding of ethical sourcing practices

SiddharthEthical and Responsible Sourcing Practices course

Ms Trepova explains topics very well, incredibly informative course!

ChristinaMastering Procurement – Essentials Skills and Competencies Course course

Acquired a lot of knowledge in contract management in procurement.

AdershContract Management in Procurement course

Highly recommend this course, plethora of information!

ChristinaThe Fundamentals of Sourcing Process course

Great way to learn about procurement and purchasing

Muhammad Arfi GhifariMastering Procurement – Essentials Skills and Competencies Course course

Well explained, in a simple and concise manner.

StephanieMastering Procurement – Essentials Skills and Competencies Course course

In a nut shell very brief & informative.

PrasenjitMastering Procurement – Essentials Skills and Competencies Course course

Was explained very clear with examples

SophyMastering Procurement – Essentials Skills and Competencies Course course

This course is an amazing refresher.

Garmonyou GeraldMastering Purchasing Process course

simple, interactive and educative.

UduakMastering Procurement – Essentials Skills and Competencies Course course

It's Great platform for learning

Ateeq ur RehmanMastering Procurement – Essentials Skills and Competencies Course course

All great...valuable content

MilindMastering Procurement – Essentials Skills and Competencies Course course

Very Good and Neatly done

B VinodMastering Procurement – Essentials Skills and Competencies Course course

Very Organized course.

akshay kumarMastering Procurement – Essentials Skills and Competencies Course course

reached my expectation

StephanieProcurement Toolbox #1: Communication & Facilitation in Procurement course

reached expectation

StephanieHow to Choose and Select the Right Digital Procurement Technology course

Met Expectations

Umar FaroukMastering Procurement – Essentials Skills and Competencies Course course

Good

Hozifa AliMastering Procurement – Essentials Skills and Competencies Course course

NA

SandeepMastering Procurement – Essentials Skills and Competencies Course course
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  • Learn from hand-vetted instructors, experts in their field
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Suitable for the following roles

  • Entry-Level: Procurement Assistant, Procurement Coordinator, Purchasing Clerk, Sourcing Specialist
  • Mid-Level: Procurement Specialist, Sourcing Analyst, Contract Specialist, Supplier Relationship Manager, Operational Buyer, Buyer, Inventory Contoller
  • Senior-Level: Senior Procurement Specialist, Senior Sourcing Analyst, Lead Buyer, Procurement Manager, Category Manager, Strategic Sourcing Manager, Commodity Manager, Regional Commodity Manager
  • Executive-Level: Director of Procurement, Chief Procurement Officer (CPO)
  • Specialized Titles: Commodity Manager, Global Sourcing Manager, Indirect Procurement Manager, E-Procurement Manager

Gain the Recognition and Expertise You Need:

SCMDOJO Certification in Procurement and Supply: Earn this valuable credential, recognized by industry professionals, to validate your expertise and stand out in the job market.

Comprehensive Training: Master essential procurement skills through in-depth courses covering:

  • AI in Procurement Basics Course: Leverage the power of AI to optimize your procurement processes and gain a competitive edge.
  • Ethical and Responsible Sourcing Practices: Navigate the complexities of ethical sourcing and ensure your procurement aligns with responsible business practices.
  • Contract Management in Procurement: Master the art of contract negotiation and management to protect your organization's interests.
  • Understanding Supplier & Market Analysis: Develop the skills to analyze suppliers and markets effectively, making informed sourcing decisions.
  • Procurement Toolbox #1: Communication & Facilitation in Procurement: Master the art of effective communication and collaboration within your procurement team and with stakeholders.
  • How to Choose and Select the Right Digital Procurement Technology: Identify and implement the right technology solutions to streamline your procurement processes.
  • Introduction to Negotiations Process: Sharpen your negotiation skills to secure the best possible deals for your organization.
  • Total Cost of Ownership & Serve: Gain a comprehensive understanding of the total cost of ownership and its impact on procurement decisions.
  • The Fundamentals of Sourcing: Master the fundamentals of sourcing, from identifying needs to selecting the right suppliers.
  • Introduction to Category Management: Learn how to categorize your spending and implement effective category management strategies.
  • Mastering Procurement - Essential Skills and Competencies: Develop the essential skills and competencies required for success in procurement.

Go Beyond the Basics:

Best Practices and Tools: Access valuable resources like the Procurement KPIs Excel Template and the Indirect Procurement Best Practices Assessment to evaluate your current practices and identify areas for improvement.

In-Depth Knowledge from Ebooks: Dive deeper with our comprehensive ebooks, including

  • Artificial Intelligence in Procurement - Volume 1
  • Project Cost Estimating and Management (PCEM)
  • Activity-Based Costing in Procurement
  • Decoding Supplier Quotes: A Procurement Guide to Cost Analysis
  • PhD Thesis – Enhanced Supplier Development Framework

Take your procurement career to the next level with the SCMDOJO Procurement Manager Track. Enroll today and unlock your full potential!

The base salary for a Procurement Manager ranges from $109,800 to $140,200, with the average base salary of $123,700.

Procurement managers are most likely to find a job in these sectors and industries: Acute healthcare, Post-Acute healthcare, Local governmental departments, Management of companies and corporate enterprises, Aerospace parts manufacturing, Federal executive branches, and Merchant wholesalers.

If you're looking for top procurement companies, the list includes IBM, EY, GEP, and Schneider Electric, among others.

Ready to master procurement track?

Explore our courses, hire experts, and elevate your career in supply chain management and procurement. Take the first step towards success today.

Buy Now - $1428
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