IBM Procurement Executive Interview Questions, Process, and Tips

Ariba is a procurement tool that offers a comprehensive suite of solutions for procurement processes.

• Ariba provides end-to-end procurement solutions, including sourcing, contract management, supplier management, and procurement analytics.

• It offers a cloud-based platform that allows for easy collaboration between buyers and suppliers.

• Ariba's network connects millions of buyers and suppliers globally, enabling efficient ...read more

The details to share with the supplier for a quote

• Product specifications

• Quantity required

• Delivery timeline

• Quality standards

• Payment terms

• Any specific packaging or labeling requirements

• Any applicable certifications or regulatory compliance

• Expected pricing or budget constraints

Negotiate with OEM by understanding their needs, building relationships, and finding win-win solutions.

• Research the OEM's business and industry to understand their needs and priorities

• Build a relationship with the OEM based on trust and mutual respect

• Identify areas of common interest and work towards win-win solutions

• Be prepared to compromise and find creative solutions to overcome obstacles

• Communicate clearly and effe...read more

If unable to find a supplier, explore alternative sources, negotiate with existing suppliers, or consider changing specifications.

• Explore alternative sources such as online marketplaces or international suppliers

• Negotiate with existing suppliers to see if they can provide the required materials or suggest alternative options

• Consider changing specifications to align with available suppliers or materials

• Collaborate with ...read more