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Category Archives: Strategic Sourcing
Delivering Value: Essential Tools to Help Procurement Optimize The Strategic Sourcing Process
The Value Basis for Procurement As the procurement function has become more sophisticated, the perpetual corporate charge-for-growth has pushed the function to identify and deliver value across the organization on a constant basis. To this end, while many tools and … Read More…
Changing Dynamics in the Global Steel Industry – The Trend Towards Short-term, Flexible Contracts
The global steel industry is undergoing a major structural shift in contract structures across its supply chain. This process started in March 2010, when steel manufacturers were forced by iron ore suppliers to move away from a four-decade long practice … Read More…
Is There Any Value in Forecasting? A Manager’s checklist
Year after year, as companies navigate their way through annual business planning cycles, executives and analysts alike work tirelessly to try and predict how the next fiscal year will unfold, making a range of decisions from where best to focus … Read More…
Tags analytics, Forecasting, Prediction Models, Procurement Research, Research Reports, Strategy Executives Comments Off
The Key to Establishing Procurement’s Credibility within the Organization
The last two decades have seen a sea change in the Procurement function’s (and the Procurement executive’s) standing within the organization. No longer the proverbial ‘back water’ department, Procurement now occupies an important seat at the executive table—a development that … Read More…
China and its Influence on the Global Rare Earth Metals Market
“The Middle East has its oil, China has rare earth metals.” —Deng Xiaoping, Chinese President (1992) Take an even a cursory look at any major business media today and China’s influence in the minerals and metals commodity markets is inescapable. … Read More…
Four key challenges for supply chains in 2011 and beyond
These four challenges are highlighted in this article, along with a high level look into the types of informational tools and techniques that can be leveraged to help manage them effectively. If there is a truism in supply chains, it … Read More…
6 Key Actions – Aligning supply chains with corporate strategy.
The supply chain and procurement executive(s) has a ‘seat at the executive table’. To illustrate its potential impact from a pure economic perspective, where else in an organization does one executive have the ability to influence and manage the cost … Read More…