Procurement Archives - Page 14 of 14 - Supply Chain Game Changer™

China Sourcing Agent: Streamlining Your Supply Chain!

Why Get a Product Sourcing Agent?

Are you looking to source products from China but don’t know where to start? Working with a China sourcing agent could be the solution you’re looking for. China sourcing agents are professionals who help businesses find suppliers, negotiate prices, and manage the production and delivery of goods from China.

In this blog post, we’ll explore the benefits of working with a China sourcing agent and provide tips for finding the right one for your business.

Are you a Game Changer? Tell us your Story!

Every day there are individuals and teams all around the world who are making a difference. They are driving transformational change in their jobs, in their Departments, in the Organization and in their Companies. And they are achieving amazing results that defy what they previously thought possible.

We want to hear your stories and we invite you to share those stories on https://supplychaingamechanger.com so that we can all applaud, and learn from, your tremendous efforts.

In Search of Procurement’s North Star!

Featuring Our 12 Best Procurement Articles!

What exactly are you and your procurement team working towards? What is Procurement‘s North Star?

I don’t mean current contracts, products, projects, or initiatives. When asking, “What are you working towards”, I mean the big picture. What’s the mission, vision, and end goal of your company and/or your function? What is your guiding light? What displays the culmination of your hard work?

What is Procurement’s North Star Metric?

Could the CPO Be Replaced by the Chief Value Officer?

Enable Spend Aggregation in Procurement!

What is the role of the Chief Procurement Officer? And what is the role, and difference, of the CPO as compared to the Chief Value Officer?

Procurement is the process of translating customer requirements into the selection of highly capable suppliers, to timely, accurately, cost-effectively deliver high quality, mission-critical inputs and raw materials to internal customers. As well as assuring the accurate receipt and timely payment of all accrued invoices.

How Can Businesses Benefit from Spend Analytics?

Manage Procurement Spend Like It’s Your Own Business!

Every organisation spends money on multiple areas regularly to keep the business running. From purchasing raw materials to availing of specialised services, your company takes a chunk out of its treasury to fund its operations and attain its objectives.

If you wish to boost your savings and control the funds going out of your company’s treasury, analysing these expenses through spend analytics becomes essential.

It’s Time to Welcome The Supply Chain CEO!

The Top 10 Supply Chain CEOs of All Time!

Anyone who’s been paying attention knows that Supply Chain Management has emerged from its status a back-office function to become a major strategic differentiator for business. Welcome the Supply Chain CEO!

Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage.

5 Reasons Your Organization Needs a Contractor Management Program!

Construction Management Applications for Independent Contractors!

In an ever-evolving business landscape, organizations increasingly rely on contractors to supplement their workforce and expertise. While this provides flexibility and access to specialized skills, it also introduces complexities in management and oversight.

A contractor management program serves as a strategic framework to effectively manage and optimize contractor engagements.

This article explores the importance of such programs, outlines five compelling reasons why your organization should implement a contractor management program, and provides best practices for its successful integration.

What is Supplier Relationship Management (SRM)?

Strategic Supplier Relationship Management – Do’s and Don’ts

Regardless of what industry your company is in you are dependent on suppliers to operate your company. Thus it makes sense to have a Supplier Relationship Management program.

Suppliers provide components for products you manufacture and sell. Suppliers provide services for products or services you take to market. Suppliers move your goods from one point to another. And suppliers provide the goods, supplies, software and other items required by every function in your company to conduct day to day business.

Without suppliers no company could survive, let alone thrive.

Yet historically too many people have treated suppliers transactionally with no to little regard for fostering mutually beneficial relationships.

Going forward it will no longer be sufficient to just have passive supplier relationships. Companies must have a formal, strategic Supplier Relationship Management (SRM) program!