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Drive Business Value through Improved Procurement - 1 views

  • Companies across industries are adjusting to volatile market conditions and reduced demand, leading executives to focus on cost reduction. The procurement and supply chain function serves as a key lever for improved cost performance, and many companies have launched initiatives focused on cost optimization.
  • Look Beyond Strategic Sourcing Companies often focus their efforts simply on strategic sourcing, but strategic sourcing alone cannot drive sustainable benefits. A limited focus on strategic sourcing may initially reduce costs for the buyer, but it may not ensure long-term realization of those benefits. More importantly, if executed in a manner where cost is the only focus, strategic sourcing can result in damage to a supplier relationship that may become critical in times of supply constraints. Instead, the focus should be on enhancing long-term value obtained from suppliers rather than on simply finding the lowest price.
ISM Silicon Valley

Source One - Procurement Service Provider, Strategic Sourcing Services - 0 views

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    Strategic Sourcing, Procurement Best Practices, e-Sourcing (visit www.whyabe.com), Project Management, Negotiation, Telecommunications, Logistics, Inventory Management, Purchasing Management and Strategic Planning.
ISM Silicon Valley

GSA: Strategic sourcing saved feds $300 million - 0 views

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    GSA: Strategic sourcing saved feds $300 million
ISM Silicon Valley

Strategic Sourcing & Procurement Management at A.T. Kearney PAS - 0 views

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    Strategic Sourcing & Procurement Management at A.T. Kearney PAS
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    Strategic Sourcing & Procurement Management at A.T. Kearney PAS
ISM Silicon Valley

Strategic Purchasing - 0 views

  • The objective of strategic purchasing is to manage suppliers to reduce cost of materials and engage them in downstream processes and also to reduce the cost of purchasing. The implementation of IT in purchasing enables automation of many of the processes such as bid management and evaluation, order management and payment processes such as handling of invoices. The automation reduces errors in the purchase to pay cycle and increases process efficiency.
ISM Silicon Valley

Improved Forecasting Cited as Key Priority for Chief Supply Chain Officer - 0 views

  • Improved Forecasting Cited as Key Priority for Chief Supply Chain Officer Posted on: Thu, 04 Nov 2010 08:20:00 EDT Symbols: HHS CHICAGO, Nov. 4, 2010 /PRNewswire via COMTEX/ -- John Galt Solutions, the leading provider of affordable planning solutions for the consumer-driven supply chain, today announced the publication of a new study from Aberdeen Group, a Harte-Hanks Company (NYSE: HHS | PowerRating), providing the Chief Supply Chain Officer a prioritized list of best practices within supply chain planning. The report, Strategic Supply Chain Planning: T
  • Improved Forecasting Cited as Key Priority for Chief Supply Chain Officer Posted on: Thu, 04 Nov 2010 08:20:00 EDT Symbols: HHS CHICAGO, Nov. 4, 2010 /PRNewswire via COMTEX/ -- John Galt Solutions, the leading provider of affordable planning solutions for the consumer-driven supply chain, today announced the publication of a new study from Aberdeen Group, a Harte-Hanks Company (NYSE: HHS | PowerRating
  • John Galt Solutions, the leading provider of affordable planning solutions for the consumer-driven supply chain, today announced the publication of a new study from Aberdeen Group, a Harte-Hanks Company (NYSE: HHS | PowerRating), providing the Chief Supply Chain Officer a prioritized list of best practices within supply chain planning. The report, Strategic Supply Chain Planning: Three Key Priorities of the Chief Supply Chain Officer, found that 86% of respondents indicate that their management team has asked them to review the supply chain process in order to find opportunities to improve their company's supply chain planning processes, and 71% of respondents have indicated the same for supply chain technology improvement.
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  • "Today, senior management is looking for the supply chain organization to deliver more than just efficiency - it is being asked to deliver innovative cost reduction strategies to help grow their company and present a market strategy differentiator," explained Nari Viswanathan, Vice President and Principal Analyst of Supply Chain Management at Aberdeen. "That's why organizations are increasingly using supply chain planning solutions, like those from John Galt, to plan more efficiently and collect input from more stakeholders across the organization."
ISM Silicon Valley

The Extended Enterprise: Gaining Competitive Advantage through Collaborative Supply Cha... - 0 views

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    Complete strategic framework for identifying, entering, and managing enterprise partnerships and alliances.
ISM Silicon Valley

CAPS Updates Cross-Industry Report of Standard Benchmarks - 0 views

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    Adds metrics for percent of supply management employees that are strategic or operational, employee retention rates, and purchase order cycle time for both direct goods and indirect goods
ISM Silicon Valley

How do You Manage Transportation Risk in a Sustainable Supply Chain? - Sustainability: ... - 0 views

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    "A growing focus on sustainable supply chain management over the past few years has proven to be a big cost savings opportunity for many businesses. With traditional procurement strategies primarily focused on cost savings through vendor reduction, leverage spend, inventorsikry reductions, transaction efficiencies, a shifting sustainability mindset is elevating supply chain thinking. More strategically focused organizations are evaluating business sustainability risks that extend beyond the walls of the company. "
ISM Silicon Valley

Procure Sourcing - 0 views

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    Strategic Procurement & eSourcing
ISM Silicon Valley

BOOK: Purchasing and Supply Management - 2 views

  • The Fourteenth Edition of Purchasing and Supply Management provides a comprehensive introduction to the purchasing and supply chain management field, supported by over 40 case studies. Cases cover purchasing and supply chain issues in a variety of settings, from process industries to high tech manufacturing and services as well as public institutions. The text focuses on decision making throughout the supply chain. Based on the conviction that supply managers, in concert with suppliers and distributors, have to contribute to organizational goals and strategies, this edition continues to focus on how to make that mission a reality.
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    The Fourteenth Edition of Purchasing and Supply Management provides a comprehensive introduction to the purchasing and supply chain management field, supported by 50 case studies. Cases cover purchasing and supply chain issues in a variety of settings, from process industries to high tech manufacturing and services as well as public institutions. Supply Management concepts, both strategic and tactical, have been expanded throughout the text, particularly in new chapters on Supply Law and Ethics, Public Supply, and Supplier Relations. While all basic tenets of the purchasing function and cost issues remain, the coverage of the field is state of the art highlighting the supply chain approach.
ISM Silicon Valley

Accenture Launches Risk Management Consulting Service Line - 0 views

  • Accenture (NYSE:ACN) has launched a global Risk Management consulting service line to help companies better identify, manage and mitigate risks and make greater strategic use of risk data and information to support their decision-making processes.  The new service line expands Accenture’s risk-related services as market demand continues to increase in response to recent turbulence in the global economy
  • “Risk is rapidly moving out of the back office, and management must balance the need to create value with the need to protect shareholders.  As a result, companies must break down organizational silos and integrate risk management across the enterprise in order to succeed.”
ISM Silicon Valley

Great Customers Inspire Great Innovations - 0 views

  • Solving the problem doesn't go far enough. Sustainable — transformative — innovation emerges from the ability to collaboratively explore alternative approaches. Watt, Carrier, and Intel didn't achieve their breakthroughs by solving problems for their strategic clients; success came from testing approaches with their clients. Whether business historians acknowledge it or not, that's equally true for Henry Ford, Bill Gates, and Steve Jobs.
  • As the saying goes, the one thing history teaches is that we don't learn from history. Just because business history short shrifts the customer and client contribution to innovation success doesn't mean businesses should. If you want to become a more innovative organization, don't hire more innovative employees, acquire more innovative customers. Your capacity to innovate matters less than your customers' and clients' willingness and ability to exploit it.
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    Michael Schrage - Harvard Business Review
ISM Silicon Valley

ISM - Publications - Inside Supply Management - Recognition: Why Metrics Matter - 0 views

  • As supply management professionals, we attend conferences on gaining a seat at the executive table. We read articles about how the procurement team can become a trusted business partner within the company. As supply management leaders, we train our teams on strategic thinking, emotional intelligence and cross-cultural management.
  • Reporting the right metrics, in the right way, has contributed to securing supply management's seat at the table. At Sodexo, we hold two spots on the executive team, and supply reports directly to the CEO. We have seats on the marketing council and CSR steering committee, as well as on numerous other task forces within the company.
ISM Silicon Valley

The CPO is dead. Long live the CRO… - 0 views

  • One of the biggest challenges for the CPO is how to tap into supplier innovations and bring supplier development strategies closer to sales and, as a result, the customer. This particular responsibility isn’t one of “buying” but of strategic development. In short, CPOs must beat the competition to the next “big thing” coming out of the supplier network and beyond.
ISM Silicon Valley

Modern Supply-Chain Risk Management - 0 views

  • Comprehensive supply-chain risk management plays an important strategic role in the operation of successful businesses, protecting their most valuable assets while creating a unified, high-performance risk mitigation model.
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