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Analyst eye on how purchasing must really become supply management

Spend Matters

Forty years ago, the Harvard Business review published Peter Kraljic’s article ‘ Purchasing Must Become Supply Management ,’ which debuted the supplier segmenting method that we now know as the Kraljic matrix. For this, you really need supply management.

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In what ways has purchasing evolved over the past 40 years?

Procurement Insights

EDITOR’S NOTE: Join me in a great conversation on LinkedIn regarding purchasing’s evolution since the 1983 seminal Harvard Business Review article “Purchasing Must Become Supply Management” by Peter Kraljic. ” In what ways has purchasing evolved over the past 40 years?

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How to Use Group Purchasing as a Cost Reduction Strategy

Una

How to Use Group Purchasing as a Cost Reduction Strategy. For most of us, 2020 was no time to purchase a new car or book a future trip to Disneyland. Likewise, manufacturers hit by falling demand also had to deal with impacts on the supply-side , particularly those who rely on China for key parts or components. in April 2020.

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10 Greatest Purchasing Books Ever Written

Supply Chain Opz

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation.

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Supply Management and Performance

NLPA (Next Level Purchasing Association)

One of the essential mechanisms of Supply Management and Performance is a Supplier Rating Program, where you will collect, analyze, and use data to optimize supplier performance. The Complete Supplier Management Strategy. Supplier Management Strategy. Supplier Management Metrics. Strategic Supplier Management.

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Source to Pay… The Real Value for Purchasing

Jaggaer

In the simplest of terms, P2P solutions deliver improved processes as it relates to purchasing. It is the essential link between all purchasing functions and accounts payable within an organization and includes essential functions such as supply management, requisitions, purchase orders, receiving, and invoicing.

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Procurement Speakers 2022 – 10 Most Popular Experts

Procurement Tactics

Omid Ghamami is one of the most globally recognized thought leaders in the field of purchasing and sales negotiations. Thereby making him the world’s most sought-after purchasing and supply chain management author, speaker, consultant, and trainer. Trillion budget. . Rajeev Karmacharya.