A simple way to increase supplier engagement is to utilize your RFI tool. Most organizations list supplier engagement as a top goal. Motivated suppliers help your bottom line and organizational efficiency. If...
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A surprising number of companies have similar goals for their procurement and supply chain. I often find that many procurement professionals are surprised to learn that their issues are not unique. There are...
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Increasing stakeholder collaboration is a goal I often hear from procurement professionals. Stakeholders typically say that the existing procurement process is cumbersome and time consuming. Here are some of...
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Imagine a software solution that allows the CPO and/or COO to explore changes in complex award scenarios in minutes to meet a change in constraints. What if key decision makers from procurement, finance and...
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It may surprise you to learn that more than 50% of all organizations continue to use spreadsheets to manage procurement activities. Updating or modifying spreadsheets that have 50, 75 or more than 100 columns...
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Most companies lack an automated tool that can minimize risk and eliminate headaches in supplier registration, on-boarding, and management. Supplier registration is generally the last piece of the...
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Raw Material Sourcing Success Story: More Suppliers Participated plus Time and Hard Dollar Savings If your colleague increased supplier participation, saved time and generated hard dollar savings, wouldn’t...
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In the sprit of the Thanksgiving holiday in the US, I thought I would share the nice things leaders have told me about their staff. What are the skills that define great sourcing professionals? Critical...
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