Tag Archives: procurement support

Procurement expediting
How Expediting in Procurement Can Optimize Cost

WHY EXPEDITING: To ensure the high quality and prompt delivery of products and components, expediting

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Vendor Scorecards
4 best practices for creating vendor scorecards 

Vendor scorecards are used by businesses to track vendor performance over time using relevant metrics.

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data Quality
How Plant Walkdown aids improved data Quality 

The physical equipment data should be matched to all documents, systems, and workflows within all

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Vendor Scorecards
How to Improve Vendor Performance by Implementing a Vendor Scorecard  

Monitoring and evaluating vendor performance is made easier with vendor scorecards. When utilised properly and

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Digital Transformation Process
Role of Master data management in organizational Digital Transformation

Master Data Management Systems play a crucial role in the digital transformation process because they

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The Future of Digital Procurement
The Future of Digital Procurement 

Procurement is the critical function of supply chain management, which plays a direct role in

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Leveraging Strategic Supplier Relationships
Leveraging Strategic Supplier Relationships 

Most companies interact every day with a wide range of vendors. In this series, we

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Cost Reduction Strategies
Cost Reduction Strategies & Identifying Savings Opportunities in Procurement

PROCUREMENT A company engages in procurement while sourcing products (or services) from suppliers and vendors.

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Vendor master data
Importance of Vendor Master Data in Strategic Sourcing  

What is Vendor Master Data?  A comprehensive supplier / vendor master allows sourcing specialists to

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Procurement strategy – The key factors to be considered

The primary responsibility of the procurement function is to guarantee the availability of all raw

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