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  • How “Customer-Centricity” can work wonders for procurement?
    Marketing and Business Development have been talking about it for a while, Research and Development are incorporating it in all aspects, Human Resource is asking if this is the new frontier and finance is witnessing company budgets adjust to incorporate it…It being Customer Centricity. Simply put, it is putting your customer in the center of your business decisions. Thanks to the internet, the cus...
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  • Is your procurement prepared for the winter?
    Lessons supply chain can learn from the show Game of Thrones The biggest lesson the world of Game of Thrones teaches us is that great nations are not formed because they have the largest armies or resources. More often than not these armies are killed and their resources destroyed when the leader shows lack of proper management. People and process management is the key to building a successful sup...
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  • A Question of Values – The Key To Relationship Success In Procurement
    Transparency, communication, and collaboration are all critical to relationship success, especially for procurement professionals. Before you can truly communicate and collaborate openly, each stakeholder has to know both theirs as well as their partners’ objectives from a single relationship. This means that all have to seek to understand the other beyond their visible positions. What are visible...
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  • Wondering How to Define a Procurement Strategy? Let’s Start From the Basics!
    Change is the only constant – Whosoever said that was surely aware of what would remain the undisputed truth of the world and interestingly history is full with the umpteenth instances justifying this. For instance, take Eastman Kodak Company (simply Kodak), the company which enjoyed a dominant position in 20th century in photographic film and made all of us to have our ‘Kodak Moment’. From invent...
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  • Turning Growing Pains to ROI Gains for Mid-Size/High Growth Organizations
    Procurement Leaders at mid-market and high-growth organizations feel the pressure to implement more standardized, controlled procurement processes to drive greater compliance and efficiency, while struggling to “make do” with outdated tools, outgrown as the business has matured. Lean mid-market teams procurement teams with scant resources, fixed budgets, and strapped for IT support, desperately ne...
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  • 4C Approach to a Robust Spend Analysis
    For any organization, the first step to transformation is to have a 360 degree view of its internal functioning. When it comes to procurement, the first step refers to measure and get a hold of the overall spend made by the different departments of an organization. With multiple ERPs having different spend categories, it becomes a horrendous task for any enterprise to compile a single preview of t...
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  • Pay it Forward
    Procurement Trends, Analysis & Insights: Your All Things Procurement.

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