Remove Demand Planning Remove Strategic sourcing Remove Supplier consolidation
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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Developing a Strategic Procurement Plan A detailed 3-5 year strategic plan turns the strategy into an actionable roadmap. The plan defines activities like category analysis, supplier consolidation, technology implementation, process re-engineering, skill building etc. needed to deliver on the KPIs.

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Direct vs Indirect Spend Analysis: What’s the Difference and Why It Matters

Empowering CPO

It’s a strategic pillar that underpins effective procurement and sourcing, providing an insightful lens through which organizations can view their spending patterns. Spend analysis plays a vital role in procurement and strategic sourcing. The strategies for managing these two types of spend also differ.