Sat.Apr 09, 2022

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Indirect & Consequential Loss

Procurement Templates

I recently had to negotiate some terms and the clause for indirect and consequential loss popped up. As a buyer I want to ensure that all loses are remedied but from a suppliers perspective they want to limit any loss that is indirect & consequential and often want to remove this. Sometimes the clause is joint sometimes parties disagree. I had to go away and think about how I wanted to play this one.

Contract 130
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Collaboration, Clarity, Compliance: A Guide to Supplier Resilience

Supply Chain Brain

Whether you manufacture food, pharmaceuticals or automobiles, the long tail of the supply chain is becoming increasingly complex, with the potential to introduce significant risk to the organization.

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Why is a procurement budget different?

ABC of Procurement

Procurement budget. The post Why is a procurement budget different? first appeared on ABC of Procurement.

Budget 100
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How E-tailers Convert Returns to Revenue

Supply Chain Brain

With strategic messaging, smart automation and thoughtful incentives, retailers can convert returns into sales opportunities.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.