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Leverage the Power of Spend Analysis

NLPA (Next Level Purchasing Association)

By examining past purchases, spend analysis helps identify high spending areas, categorize suppliers, and uncover hidden costs. This data can then be used to negotiate better deals with suppliers, consolidate purchases, and streamline procurement processes.

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Strategic Development of Supply Partners

NLPA (Next Level Purchasing Association)

Engage suppliers’ top management. Identify specific development projects. Manage the projects using project management best practices. Again, per the white paper Avoid The Pitfalls in Supplier Development, the next step is to form a cross-functional team. Form a team.

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Sales and Operations Planning (S&OP) – Initial Steps to Success

The Network Effect

by Brewster Smith, Project Manager, Tompkins International. Therefore, if you have been charged with developing a S&OP capability, a critical first step is to identify director level personnel from Sales, Marketing, Manufacturing, Purchasing, Finance and Supply Chain to participate in this process.