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Abhinash Panda The need for procurement to be a more strategic function has never been as important as in this current volatile scenario 孟非强调相亲真诚

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4 Basic Guides To Effective Procurement Strategy Posted By: Abhinash Panda The need for procurement to be a more strategic function has never been as important as in this current volatile scenario (supply chain disruption caused by the recent Japan earthquake is one example). After witnessing scenes of rising costs and profits spiralling downwards, procurement now needs to go beyond being a catalyst for cost savings and supply chain performance. Instead it now needs to undergo a complete transformation and become a driver in every strategic business initiative. Industry experts as well as procurement professionals unequivocally accept that the necessary transformation of procurement processes can be achieved only if there is a shift to automated systems. In order to ensure an effective procurement strategy in place, the following 4 steps need to be implemented: 1.Ensure seamless integration between the spend management system: An integrated spend management system will lead to benefits of identifying more savings opportunities, executing on these savings to realize all potential opportunities as well as complying to processes that will ensure further savings. 2.Integrate and automate the entire supplier management process from supplier discovery to supplier performance management: The entire supplier cycle can only be made effective through proper automation.procurement strategy Spend Analysis Strategic Sourcing Initiative Strategic Sourcing procurement strategy Sourcing Solutions procurement strategy 8 Steps To Successful Supplier Management Posted By: Abhinash Panda supplier management procurement strategy Strategic Sourcing Initiative Supplier information Management supplier management Role Of Legal Contracts For A Smooth Buyer-supplier Relationship Posted By: Abhinash Panda strategic sourcing initiative Sourcing Solutions strategic sourcing initiative Raising The Bar With Efficient Sourcing Solutions Posted By: Abhinash Panda sourcing solutions strategic sourcing initiative supplier information management sourcing solutions Limiting Costs Through Strategic Procurement Posted By: Abhinash Panda strategic sourcing initiative supplier management strategic sourcing initiative Posted By: Abhinash Panda strategic sourcing initiative supplier management strategic sourcing initiative 相关的主题文章: