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Insights: Procurement

P2P: The Rewards Of Offering Suppliers A Choice

November 21, 2014 – Suppliers are usually overlooked in the P2P process, but the supplier represents half the transaction, and can easily say no to your new system

Reverse Supply Chain Management ‘Closes the Loop’ on Waste

November 20, 2014 -Some of the world’s largest multinational businesses have recognized the advantages ‘closing the loop’ on their supply chains can provide

Don’t get tangled in your supply chain

November 19, 2014 – Businesses should never underestimate the complexity of supply chains when it comes to strategy execution

An opening bid on ‘acquisition of the future’

November 18, 2014 – A modest-sized group of government procurement experts has been getting together periodically and informally to discuss “acquisition of the future.”

How US-China accords affect global sourcing

November 17, 2014 – Technology and energy industries will likely be profoundly affected by agreements between the U.S. and China

How to Untangle Tied Bids

November 14, 2014 – What would you do if two bids tied for first place in your bidding process?

Is Procurement Weighed Down By The Idea Of ‘Best Practice’?

November 13, 2014 – Reducing cost is clearly important to all organizations, but there are other decision drivers, which demand the derivation of greater value

The three factors driving green supply chains

November 12, 2014 – Growing public concern for the environment and the potential to increase profits are driving companies to pay more attention to their ‘green’ footprint

When It Comes To Justifying Supply Chain Projects, Cash Is King

November 11, 2014 – Supply chain investments should be justified based on improvement to cash flows, not profit improvements that result from supply chain cost savings

How does the Hub and Spoke model improve procurement?

November 10, 2014 – One of the major reasons for complexities in procurement is the failure to implement a cross-functional strategy across different departments