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Leveraging Lean Procurement

Una

Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. Reducing paperwork such as lengthy RFP documentation to a lean canvas (otherwise known as a “plan on a page”). Do you have questions about group purchasing?

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Talent Spotlight: Andrew F. Smith

Procurement Heads

From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just returned.

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Talent Spotlight: Andrew F. Smith

Procurement Heads

From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just returned.

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Supply Chain Forecasting — Everything You Should Know

Procurement Tactics

Supply chain forecasting refers to the process of predicting demand by looking at past and present information to help businesses make decisions about their plan, budget, and stock inventory. For example, the pandemic has forced consumers to go online to purchase their needs. What is Supply Chain Forecasting?

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Sales and Operations Planning – What Is It, and Why Should You Care?

NLPA (Next Level Purchasing Association)

Link strategic planning with day-to-day sales and operational activities. Act as a forum for disciplined discussion around setting policy, strategy, risk and budget changes. It is a multi-step process involving demand planning, supply planning, middle and top management meetings resulting in decision-making and authorization.

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Business Success with Sales & Operations Planning (S&OP)

NLPA (Next Level Purchasing Association)

The executive component of S&OP is the eS&OP, where top management, middle managers, and specialists meet to balance supply and demand, align operational and financial planning, connect strategic planning with day-to-day sales and operations, and establish policy, strategy, risk, and budget changes via a disciplined discussion.

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6 Critical Supply Chain KPIs!

Supply Chain Game Changer

Visibility of this KPI through a performance management system can tell you whether or not costs are within your budget and save your company a ton of time calculating costs manually. Procurement is incredibly important for a company since it helps them to make key purchasing decisions that directly affect a company’s bottom line.