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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Resources: Online courses on strategic sourcing (e.g.,

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This is NOT thought leadership, it’s practical talk about Supplier Value Management

ivalua

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” This reminded me of a prior post I wrote about the subject and I wondered if Pierre was writing about me. If so, in my (imperfect?)

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This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management

ivalua

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” The post This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management appeared first on Directworks.

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What About Procurement Objectives?

Procurement Templates

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Exceeding procurement objectives requires strategic thinking, continuous improvement, and proactive leadership. Savings can be cashable or non cashable i.e. cost avoidance.

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Three ways supplier collaboration creates real value for manufacturers

ivalua

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. Innovating.

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Three Ways Supplier Collaboration Creates Real Value for Manufacturers

ivalua

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. Innovating.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Cost benchmarking and market intelligence Data visualization and reporting Predictive analytics for demand planning Data-driven procurement not only improves efficiency, but also empowers more strategic decision making to maximize value. Category and market expertise helps make informed sourcing decisions.