Articles in Strategic Sourcing

Cost Modelling is Fundamental to Smart Buying

by November 15, 2017    131

      Critical to smart buying is the ability to determine whether the cost of acquiring certain goods or services is, by far, surpassed by the benefits that can be gained. It ...

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Key Fundamentals of Supplier Relationship Management

by October 17, 2017    0

      Large manufacturers have traditionally been the dominant player in the supply chain, and hence had enjoyed the upper hand when it comes to impelling support and engagement from their supply ...

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How to Boost Your Chance of Success When Negotiating

by October 6, 2017    0

      No doubt, one of the most important and useful skills that anyone can have, regardless of status or profession, is great negotiation skills. After all, in our everyday lives, we ...

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Guidelines for Writing a Comprehensive Statement of Work

by September 29, 2017    0

      A Statement of Work (SOW) is a document that a client or customer shares with a potential supplier or service provider, to communicate his requirements that must be satisfied. It ...

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Maximizing Benefits Through Effective Contract Management

by September 15, 2017    0

      Contracting is a process where two parties enter into a legal agreement, where needs are defined and commitments and capabilities are aligned to meet those needs. It involves a legally ...

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Is Cost Transparency That All Important ?

by August 22, 2017    0

      Research shows that when a company divulges information about the cost of producing its products,  consumers become more attached  to the product or to the company, potentially increasing loyalty among ...

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Breaking Silos to Deliver Maximum Enterprise Benefit

by August 19, 2017    0

      As an organization grows and become more complex, new teams are created to focus on specific objectives. Teams grow and turn into an elaborate network, with multiple layers of workers ...

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