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Coupa, Ariba) Dataanalytics tools (e.g., Coupa, Ariba) Dataanalytics tools (e.g., Workshops on negotiation and supplier relationship management. Use Data-Driven Arguments: Leverage cost breakdowns and benchmarks to negotiate better terms. Free online tutorials on data visualization and analytics.
In the absence of communication, even the best suppliers can only deliver marginal value at best. For optimal effectiveness, supplier selection, contractmanagement , and supplier development must be supported by consistent, streamlined, and transparent collaboration.
Improved Budgeting and Forecasting: CPI provides a quantitative basis for planning and budgeting supplychain costs. Better Supplier and ContractManagement: Helps in negotiating better contracts by analyzing cost performance trends.
Develop analytical and strategic thinking skills: As a procurement leader, the ability to analyze data, identify trends, and make informed decisions is crucial. Enhance your analytical and strategic thinking skills by solving complex problems, practicing critical thinking, and learning to leverage data to drive procurement strategies.
In this comprehensive guide, we’ll explore the key components of supplychainmanagement, best practices, and how they can be tailored to specific industries. We’ll also delve into the importance of technology and dataanalytics in optimizing supplychain operations.
Expertise: Strategic sourcing and contract creation, procurement, supplychainmanagement, interim supplychain project management, cost reduction, contractmanagement, and commodity management are areas of expertise. F rancine Nielander Location: Netherlands/Remote Rating: 0/5.0
There’s an increasing focus on having a “platform” as a single source of truth for your data. Instead of using a S2P suite as their platform, they can also use a vendor intake or master datamanagement solution. Namely, to be a one-stop shop for both procurement and supplychain requirements. This isn’t over yet.
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