a man on business trip learning what a buyer needs to know about Country of Origin

What a buyer need to know about Country of Origin

Country of Origin (CoO) refers to the country where a product was manufactured, produced or grown. Country of Origin impact on a buyers, particularly when it comes to international trade. In this...

How currency fluctuations influence prices

Currency fluctuations can have a significant impact on the prices of goods and services, especially when it comes to sourcing materials and products from international suppliers but domestic suppliers are also affected....

Suppliers from cultures other than yours

Cross-cultural negotiation is an increasingly important skill for professional buyers. Negotiating with suppliers from different cultures can be challenging, as cultural differences can affect communication, behavior, and expectations. In this blog post,...

Visiting suppliers – why and are there alternatives

If you are preparing a visit to a supplier, and the better prepared you are, the more likely you are to get the most out of your visit. In this blog post,...

Purchase Orders and the Battle of Forms

Purchase orders (POs) are a crucial part of managing supply chain transactions. However, the process can become complex and challenging for buyers, especially when dealing with the “battle of forms.” In this...

Buyers in training learning how to leverage ChatGPT

How Professional Buyers Can Leverage ChatGPT in 2024

As a professional buyer, staying informed about competing products is essential to making informed purchasing decisions. In recent years, AI-powered tools like ChatGPT have dramatically evolved, offering procurement professionals new ways to...

Stainless Steel Standards the team learning and selecting standard

Stainless Steel Standards – your first step to insight.

Quick Summary If you’re a procurement professional involved in purchasing carbon steel or stainless steel, understanding material standards is crucial for confident decision-making. This guide offers an overview of widely used standards...

Buyer should prioritize aftermarket demand

Discover why professional buyer should prioritize aftermarket requirements when sending a RFQ for production equipment and ensure long-term success (using production equipment as an example). As a professional buyer, you’re well-acquainted with...

Tiers in Supply Chain and Bullwhip

The structure of Tiers in the supply chain can be complex, with multiple levels or “tiers” of suppliers, manufacturers, and distributors working together to bring products to market. Understanding these tiers is...

Leverage on your Negotiation Skills while Commuting, by Johan Aaro.

From September 2022, I have developed a reading habit during my commutes to work and want to share by experiences in a guide to Leverage on your Negotiation Skills. Having conducted some...

Category: Tactical procurement