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In Procurement Circles, a Company is Only as Good as its Network of Suppliers

November 1st

Supply chain resilience and business continuity are close cousins. If one sputters, the other is immediately placed at risk. To avoid disruptions in business continuity, supply chain-induced risk events (such as products that are delivered late or products… Read More

Spend Analysis: Where’s the ROI?! 3 Responses to a Tough Question

October 27th

I’m no stranger to discussing all the great things in store for the Procurement team who spends the time to develop a solid spend analysis. Pat on the back, I’d like to think Read More

When tactical gains don’t translate into strategic victory

October 27th

In the iconic movie, Apocalypse Now, there is a famous battle where the helicopters swooped in on a village while playing Read More

3 Strategies for Enhancing Collaborative Innovation with Suppliers

October 13th

(This article is an extract from a article and is published courtesy of The old leadership adage: ‘You’re only as good as your team’ truly applies when it comes to optimizing the innovation, supplier collaboration can cre… Read More

Automated Warranty Management Systems Drive Expense Reduction

September 28th

To cope with increasing market competition among manufacturers, only continuous innovation and better service delivery to the customers can assure success. For both buyer and seller, it is equally important to curb expenses by Read More

The Ideal Recipe for Successful Zero-Based Budgeting Implementation

September 28th

Meticulous budgeting has always played an important role in efficient allocation of resources in the business world. The most common budgeting method used by organizations Read More

The Live Negotiation Part 2: Setting Your eAuction Up for Success

September 28th

After thoroughly considering the spend category, you’ve decided to run an eAuction. The next step in the process is determining your move forward strategy. Think of the process almost as a multiplayer board game and you’re the game master. It is your respo… Read More

Who in Procurement Can Mine the Benefits of Digitization and Big Data?

September 17th

Predictive analytics is a discipline that identifies stable patterns in data, which can in turn be used to try to predict future events. Early adopters believe it will Read More

Visual Management 101 – Visualizing Business Processes to Drive Efficiency and Oversight

September 17th

Business leaders often throw around the term ‘Visual Management’ as a core part of the lean manufacturing philosophy. However, despite touting the importance of Read More

The Live Negotiation Part 1: Should you run an eAuction?

September 17th

In 2017, technology is King. Whether you’re part of an in-house procurement team, or utilizing the services of a third-party procurement provider, Read More

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