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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them
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Materials Management Objectives: A Strategic Approach
In today’s competitive business landscape, highlighting efficient materials management objectives is a critical step to be performed and achieved. Materials Management Objectives- Primary &
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Make vs Buy Analysis in Supply Chain Management: A Strategic Guide
Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether
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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
Supplier Segmentation for supply base implies categorizing suppliers through analysis and prioritization process solely to allocate suitable resources, and manage and monitor them. Unfortunately, no
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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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See Through Disruptions: How Supply Chain Visibility Builds Resilience
Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks.
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