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Supplier Performance Management: How and What To Measure

Planergy

If suppliers feel like you’re constantly criticizing them or looking for ways to reduce costs, they may be less likely to want to do business with you in the future. This includes things like cost per unit (CPU), the total cost of ownership (TCO), scrap/rework costs, etc. Flexibility / Agility.

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The Role of Procurement Outsourcing Services in Global Business Operations

Empowering CPO

These services deliver crucial benefits, including cost reduction through strategic sourcing and volume pricing, enhanced supplier performance through rigorous selection and management, improved compliance to regulations, and minimized risk of supply chain disruptions.

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Competitive Procurement through Category Management

Sourcing and Supply Chain

Category strategy can be defined as a plan of action to map each spending category’s most cost-effective and efficient procurement plan. Developed strategy livers as shown below based on the impact on supplies and prices from various key drivers driving the decision-making process.

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The Role of Managed Procurement Services in Global Business Operations

Empowering CPO

These services deliver crucial benefits, including cost reduction through strategic sourcing and volume pricing, enhanced supplier performance through rigorous selection and management, improved compliance to regulations, and minimized risk of supply chain disruptions.