Inventory Reduction: Methods and Implementation
Benefit of Inventory Reduction Inventory Reduction will release working capital for re-investment in other key business areas and maintain smooth cash flow for any business
1_Procurement Insights
Supplier selection at various stages of Product Maturity
How to do supplier selection who can deliver the best value proposition for our organization? There are several approaches. What I want to share with you today is selecting right supplier at various stages of our product maturity in the market.
Transforming Procurement through Technology
The Internet of Things, Predictive analytics, Robotic process automation (RPA) and Social sourcing are Transforming Procurement through Technology. Technology is the major catalyst for change
6 areas Organisation expect Purchasing Team to perform
Most of the manufacturing companies’ external Supplier Spend is 50 to 70% of their sales revenue. But, how much do they invest in their Purchasing
Maximize Suppliers Interactions at Zero Cost
How to maximize the value of Supplier Interactions and uncover the hidden value and reduce risk of failure in procurement? Can we achieve this without
Supply Market Analysis in Strategic Procurement?
Supply Market Analysis is of utmost importance in Strategic Procurement because understanding our supply market is the key in making right procurement decisions, not only