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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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Value Chain vs. Supply Chain: Key Distinctions

Arpedio

Key Takeaways The value chain and supply chain are two interconnected business concepts that contribute to an organization’s efficiency and effectiveness. They include: Procurement: This activity involves selecting and establishing relationships with suppliers to acquire the necessary raw materials for the primary activities.

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The Linkage Between Technology & Business Outcomes

Revenue Storm

The question becomes… how do we share a strong point of view and position our technology, innovation, or solutions with a customer while prioritizing their business? This led to broadening the conversation to the core business issues the organization was trying to solve through a digital transformation.

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The Ultimate List of Sales Discovery Call Questions

Hubspot Sales

For your part, you should confirm lead intelligence associated with the prospect that is picked up by any inbound technology your organization might use. Are there legal or procurement reviews? What are your organization's goals for the year? Prioritize qualification over process-based questions.

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Strategic Alliance Management

Flevy

A Strategic Alliance is referred to as “an agreement between 2 organizations to share resources to carry out a mutually beneficial initiative.” Whereas, in a JV, 2 organizations share resources to create a separate company. This strategy enables: Procuring the much-needed cash. Access to manufacturing facilities and know-how.

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M&A: The Sales Enablement Revenue Opportunity [Part 2]

PartnerTap

We understand the nuances of what it takes for two sales organizations to gradually build trust so they can drive revenue together. For example: Someone who’s already sold into the account can share what they know about the buyers, their existing technology footprint, their budgets, and their procurement process.

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Planview Leverages AWS: Enhancing Security, Scalability, and Innovation

Planview

As Planview CEO Razat Gaurav explains, “AWS provides us with the reliable foundation and agility we need to continue to drive innovation, scale our global operations, and quickly, securely, and efficiently serve as the backbone for our connected platform that supports both our organization and our customers.’”