Supply Chain Game Changer

JUNE 30, 2022

Demand Planning. Rather than creating the demand, businesses need to be able to respond quickly to customer demand. Demand planning helps your business understand the current demand for a good or service and predict future demand. Consolidation.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78

Empowering CPO

JUNE 20, 2023

This might involve negotiating better pricing with suppliers, consolidating purchases to take advantage of volume discounts, or switching to alternative materials or suppliers that offer better value for money. Let’s take the example of one of our clients, a leading manufacturer in the consumer electronics industry.

Supplier consolidation 40

Supplier consolidation Negotiation Suppliers Spend management 40

Empowering CPO

JUNE 27, 2023

It helps identify opportunities for inventory management, pricing negotiations, and demand planning. Cost Variations: Analyzing spending patterns within specific categories reveals cost variations across suppliers, geographies, or time periods.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

World of Procurement blog

MAY 8, 2024

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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52