Procurement Insights

APRIL 2, 2025

EDITOR’S NOTE: Chevron was IN NO WAY involved with the following assessment, although I think they will find it to be an interesting read because it leverages their known capabilities and aligns them with my prior research and discussions on procurement efficiency, Shared Services, and Hansens RAM principles.

52

52

Supply Chain Game Changer

JUNE 10, 2020

What is Supplier Relationship Management (SRM)? Going out to eat, in essence, starts with a mini ‘supplier’ evaluation; gathering information, processing information, evaluating your options, and making a (team) buying-decision based upon the data at hand (other diner’s opinions, reviewed performance, accolades, etc.)

Suppliers 56

Suppliers Supplier relationship management Procurement team Supply Chain Efficiency 56

Procurement Insights

MAY 25, 2024

In other words, like secret recipes and other competitive advantages, actual data-driven savings through more strategic buying decisions are a closely kept secret. Using Mintec data in supplier negotiations, they can control price inflation and reduce proposed price increases across branded and private-label goods.

Sustainability 40

Sustainability Supply chain resilience Supply Chain Efficiency Data 40