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The Kraljic Matrix

Flevy

Two key factors critical for devising a robust purchasing and supply management strategy are: Strategic importance of purchasing: This factor measures the ratio of raw material costs to total costs, their impact on profitability, and the value addition done by the entire product portfolio. Move towards reducing unacceptable sourcing risks.

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Think good business is all about profit? Guess again…

Mercuri International

Purpose means being driven by a higher goal beyond solely profit and genuinely caring for societal and environmental issues. To be profitable. But even if money and profitability are prerequisites to running a business, this short-term pursuit of profit is being increasingly questioned, by both customers and personnel.

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Internal & External Analysis

OnStrategyHQ

You can check out our full post on SWOT analysis here and download the free SWOT analysis guide here. Download our Free VRIO Template and Examples! Industry Data and Trends This data looks at what’s happening in your industry, including factors like vendors, suppliers, competitors, and buyers’ power. How are they changing?

Suppliers 105
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Artificial Intelligence in Wholesale

QYMATIX

” As if this increasing number of tasks needed to be more challenging, wholesalers face rising supplier prices, shrinking margins and increased competitive pressure from e-commerce. 4) AI in supplier data management Wholesale companies have various data pools for supplier data maintenance. Download the free eBook now.

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The 7 Top Free Accounting Software Options for 2018

Hubspot Sales

Knowing who owes you and if you owe a supplier or creditor is crucial to success. It doesn’t allow you to track accounts payable -- the money a business owes to its suppliers or creditors. This plan includes basic bookkeeping functionality and profit & loss and balance sheet reporting. It also offers some payroll features.

Software 112
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Value-Based Selling: 7 Essential Tips for Sales Leaders

Brooks Group

Using a 3-deep questioning strategy, the conversation with a prospect might go something like this: Seller: So, you’re having quality issues with your current supplier. It’s cutting into our profit margin substantially. This will help them realize the importance of finding a solution. How do those issues impact your business?

Sales 61
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Research report: 6 keys to gaining customer trust in B2B

Mercuri International

Several studies have shown that companies with high levels of trust have more loyal customers, do more and more profitable business, get customers who recommend them, have shorter sales cycles, higher revenues and greater market value than companies with low levels of trust. And so, it is with business relationships. Please contact us.

B2B 52