Sourcing models that enable organizations to go beyond basic
bidding strategies, cost savings we think there’s a general lack of awareness
in the market about how these sourcing models work. Best-in-class companies recognize strategic sourcing as a value
creator and consider it to be integral to their overall strategies for growth.
Here's what it takes to bring your organization up to that level.
Tuesday 24 March 2015
Tuesday 17 March 2015
2015 is Easier to Navigate with Gartner
Authored by Mickey North Rizza
As a 2015 present to businesses globally,
Gartner has published their 2015 Magic Quadrant for Strategic Sourcing
Application Suites. The ‘MQ’ as it is affectionately known, is perfectly timed
for executives to find, short list, evaluate and select their Strategic
Sourcing Application Suite Technology Provider in early 2015.
In my previous role as Supply Chain
Research Director with Gartner, I came to appreciate the time, dedication and
sheer hard work that goes into producing the MQ. Months of in-depth vendor
interviews and product reviews coupled with endless customer references go into
presenting an accurate map of industry leading vendors at that point in time.
Monday 16 March 2015
Strategic Procurement can Leap Over Cost savings to enhance the Valuation of Organization
Authored by Fahad Amjad
In current market and economic conditions many organizations are actually facing tough economic conditions especially with the growth of sales which is becoming very challenging gradually and becoming real headache of top management of the organizations. Strategic Procurement is done through a proper way, it can actually bring remarkable cash savings and it can become a real source in a increased revenue through refine quality of goods and services.
In current market and economic conditions many organizations are actually facing tough economic conditions especially with the growth of sales which is becoming very challenging gradually and becoming real headache of top management of the organizations. Strategic Procurement is done through a proper way, it can actually bring remarkable cash savings and it can become a real source in a increased revenue through refine quality of goods and services.
Thursday 12 March 2015
Procurement and Professional Career
Authored by Junaid Shamshad
A
job for life is something that many people find quite scary, especially in a
modern world that is characterized by freedom of movement and job flexibility.
But can a career in purchasing really be a job for life?
Monday 9 March 2015
Tips to Improve Relationship with Vendors
Authored by Junaid Khan
Relationships
between buyer and vendors always lead to favorable prices. World largest
solution provider always engage with vendors because optimal productivity along
the entire supply chain requires solid supplier-customer relationships,
efficient and effective processes, sufficient supporting technology and a
value-for-money focus as defined by the end customer. Following are few tips to
improve relationship with vendors.
Tuesday 3 March 2015
Tejari Thought Leadership Papers
Today
most of the procurement organizations overlook one of the most significant
sources of savings. By taking a holistic view of procurement spend and
considering the total cost of ownership, further, previously untapped savings
can be realized. Gaining the greatest benefits require us to control our
spending and manage our teams wisely – another great feature of best-in-class
procurement organisations.
Monday 2 March 2015
Abstraction of CPV
Authored by Fahad Amjad
CPV known as Common Procurement Vocabulary is a concept which is refer
to the coding process of different Procurement divisions. CPV has different
numerical codes which was developed by the European Union specifically for the
Public procurement. The main idea behind the development of these codes was to
help the procurement divisions to classify the contract discern constant and
correctly to help the suppliers to find the notices regarding the contracts
which are useful for them by using a standardized vocabulary.
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