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7 Step Strategic Sourcing Process- Proven & Practiced
If you are a procurement professional you should have heard about 7 step strategic sourcing process, but if you are not a hardcore procurement pro
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3 Types of Supplier Segmentation Matrix You Can Use to Classify Suppliers
The use of Supplier Segmentation for supply base implies categorizing suppliers through analysis and prioritization process solely to allocate suitable resources, manage and monitor them.
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Are You More Like a Reactive or Strategic Supplier Development Professional?
In the supplier development literature, several researchers have recognised that strategic supplier development is important for the overall success of the firm and in turn
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How to Create a Supply Chain Strategic Plan that Will Work for (Nearly) Any Business
2017 is about to start with new set of goals and challenges; it can be hard to know where you should first focus your efforts
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STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES
Procuring materials for the intention of production, sales and service fulfilment is indispensable for every single business. However, the approaches, strategies and implementations differ immensely.
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2 Strategic Ways to Improve Supplier Relationship Management
Supplier Relationship Management can only occur if both sides obtain some gain from trade that occurs between the supply of goods or services and their
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Supplier Development Programme in Lean Six Sigma and SME Context
Many companies have started supplier development programme but it is mainly focused on strategic suppliers. In the last 25 years the number of Small and
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18 Targeted Inventory Reduction Strategies for Supply Chain Professionals
Inventory comprises an important part of current assets, particularly in manufacturing industry. A lot of cash flow is committed to inventories so as to ensure a smooth flow
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Brief Guide to Supplier Quality & Supplier Development
Why Focus of  Supplier Quality & Supplier Development? Supplier Quality is responsible to track and improve our approved suppliers’ performance in terms of number of
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5 Supplier Development Initiatives to Create Improvement Projects
In order for firms to compete effectively and survive in the global market, they must maintain and build relationships with a capable and competent network
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