DOCUMENTS
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The increasingly volatile, fragmented, and dynamic marketplace requires a demand planning process for identifying, shaping, and reshaping demand dynamically. Best-in-class companies are ruthlessly focusing on the dynamic management, shaping, and selection of the best marketplace... |
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Particularly with regard to the processes in automotive procurement collaboration plays an increasingly important role. The task is to manage a network out of a very large number of participants: a lot of different and globally spread out suppliers, a number of forwarders and... |
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‘Procurement has grown up’, says Professor Lynette Ryals in her paper ‘Holding up the mirror: The impact of strategic procurement practices on account management’. A shift from short term price reductions to long-term relationships with our suppliers is... |
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It has always been important for Purchasing and Supply Management Professionals (P&SM) to be aware of the financial health and trading position of suppliers.With many organisations facing increasingly challenging and uncertain conditions, it is arguably more important than... |
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Innovating by digitalizing and virtualizing direct spend procurement and supply chain collaboration
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While many companies have launched successful long-term initiatives to reduce total delivered costs, short-term solutions have been harder to achieve. The total cost optimization approach can quickly cut delivered costs by 1 to 2 percent. That kind of flexibility provides a... |
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Today’s food and beverage market is dynamic and competitive. To grow and stay compliant with increasing customer and regulatory demands, organizations are pushed to do more each year, often with the same or fewer resources than before. Satisfying global customers and... |
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In the past decade or so, an entirely new store associate has emerged onto the retail scene. Today’s new associates are both well versed and confident in their ability to utilize technology — particularly mobile technology — to enrich their daily... |
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Indian companies have been reluctant to introduce e-auctions to their arsenal of procurement tools. But with the right preparation and execution, significant savings can be achieved while still maintaining supply stability.Over the past decade, companies around the... |
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An Ardent Partners ReportHigh-performing procurement organizations know achieving best-in-class starts with asking the right questions. Questions like . . .- What are we buying?- Who are we buying it from?- How much are we spending?- Where are... |
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