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First, it means aligning the procurement and supply strategy with that of the wider organisation more so than ever. Growth markets need to be carefully aligned with supplymarkets, as a simple example. What does this mean in practical terms?
I sit in the supply-facing team, in digital and talent and specifically in the innovation team: our team drives new ways of doing procurement by digitising our ways of working, leading strategic category transformations and bringing impactful supplymarket insights. The profession has evolved so much in recent years.
I sit in the supply-facing team, in digital and talent and specifically in the innovation team: our team drives new ways of doing procurement by digitising our ways of working, leading strategic category transformations and bringing impactful supplymarket insights. The profession has evolved so much in recent years.
These may shift more often than you realize; often in response to changing economic environments, customer expectations, or when there’s a change in leadership. Additional resource: Why Your Procurement Team Needs SupplyMarket Intelligence There are several areas of focus that will bring exciting new sources of value to your organization.
Your category management strategy will evolve depending on varying circumstances or situations present, so it’s important to keep in mind that it may require some maintenance or adjustments from time to time. Well, in-depth knowledge of the supplymarket will inform the best category management strategy.
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