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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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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

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Chat GPT Take on Procurement Leadership

Procurement Templates

Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success. Attend workshops, seminars, and conferences related to procurement and supply chain management.

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Current Events Impacting Procurement

Una

Procurement and supply chain management would be a lot easier if the function existed in a bubble, but it would also be a lot less exciting. The last couple of years have truly been a very exciting time to be in supply chain. Current Events Impacting Procurement. By Hugo Britt | October 13, 2022. Food shortages.

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How Europe is Coping with Supply Chain Disruption

Jaggaer

This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The broader issue is that border controls and travel bans limit the ability of supply managers to identify and qualify new suppliers. Coronavirus will lead to permanent changes in global supply chains.”.

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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

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How to build a successful procurement strategy

IBM Supply Chain Blog

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations.