Remove Agile and Lean Supply Chain Remove Purchasing Remove Suppliers
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Developing future-fit supplier segmentation methods

Procurement Leaders

This week, Im going even further back in history to the early 1980s and the publication in the Harvard Business Review of Peter Kraljics seminal article, Purchasing must become supply management. Specifically, the capabilities they focus on and attempt to quantify are efficiency, agility and innovation potential.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Workshops on negotiation and supplier relationship management.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Onventis

Spend Matters

Metrics around supplier consolidation and spend concentration are also common. Customers use Onventis to consolidate suppliers and negotiate better terms. Customers emphasize how procurement technology safeguards against non-compliance penalties and helps maintain preferred supplier standards.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

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What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

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Tariffs and Procurement (Part 3): Tech capabilities for proper tariff management

Spend Matters

Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. It ensures that organizations have the right materials sourced from the right suppliers at the right time and for the best cost, making tariff management a natural part of these processes.