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The Kraljic Matrix

Flevy

The procurement function in most organizations deserves more attention than it gets. Most executives associated with procurement lack the competencies and perspectives required to identify gaps and effectively manage the function. The aim of the Kraljic Matrix is to inform an organization’s Procurement Strategy.

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Context and curiosity drive commerciality and pricing

Red Star Kim

This supports career development by broadening knowledge, facilitating collaboration and becoming T-shaped. The crux of marketing is to anticipate (and meet) client needs whilst maximising profit. Price is a major driver of profit. And the strategic need to align marketing objectives to a firm’s strategic intent.

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Value Chain – What is it?

Arpedio

It includes activities such as procurement, transportation, and inventory management. Support Activities: In addition to the primary value-creating activities, the value chain also includes support activities that facilitate and enable the primary activities. The post Value Chain – What is it? appeared first on ARPEDIO.

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PM Conference Report 2022: Strategy implementation, Employer Value Propositions (EVP), Storytelling and Client Feedback

Red Star Kim

She explained her firm’s core purpose was to build trusting relationships and vision of being independent, sustainably profitability and global. Alan Gotto, chair of Consultancy Procurement Council. It was fascinating to hear a procurement expert talking so passionately about the need for strong relationships.

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How Project N95 streamlined its volunteer-staffed support using Zendesk

Zendesk

As we enter year two of “life after coronavirus,” procuring proper personal protective equipment (PPE) can be just as difficult as it was in the early days of the pandemic. While most hospitals have a good supply, it can still be tough for small health care facilities and regular citizens to pick up a cache of affordable, high-quality PPE.

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Selling to the C-Suite: Strategies for Reaching Executive Decision Makers

Brooks Group

Identify contacts in your network who may be able to make introductions and facilitate meetings. How much impact does your product or service have on your customers’ profitability, revenue, or cash flow? Get introduced through existing executive relationships. Use insights and new ideas as currency.

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Top Business Process Management Tools

Agile CRM

They facilitate the connection between different departments and provide information about all operations related to processes. Business process management tools can help increase the operational efficiency and profitability of a business. In other words, it is software that automates the execution of a process.