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The Kraljic Matrix

Flevy

The procurement function in most organizations deserves more attention than it gets. Organizations can adopt the following best practices to streamline and manage their purchasing and supply functions: Consolidate the supply requirements of various units at the headquarters level. Decide on make-versus-buy choices.

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Think good business is all about profit? Guess again…

Mercuri International

Is your organization trying to have a positive impact on society overall? Purpose means being driven by a higher goal beyond solely profit and genuinely caring for societal and environmental issues. To be profitable. More and more of us choose employers, suppliers, products, and services that stand for something.

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Agriculture Industry Value Chain: Deep Dive

Flevy

Organizations must navigate challenges such as climate change, supply chain disruptions, and regulatory compliance to stay productive and sustainable. Understanding and optimizing each component of the value chain ensures that organizations in the Agriculture industry can meet global demands sustainably and efficiently.

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What is a Kanban Board and How Does it Improve Quality?

Kainexus

In the post-WW II era, Toyota realized that they could improve profitability and product quality by matching parts inventory with real-time demand to create a “just-in-time” production and provisioning process.

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Know Your Customer to Driving Growth and Revenue in Key Accounts

Upland

Before you strategize how you’re going to sell, therefore, you have to understand the organization you’re selling to. It might be operational, financial, or technical, or have to do with markets, competitors, partners, suppliers, or even their own customers. What has their profit and revenue looked like in recent years?

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Navigating Fierce B2B Competition

Luminas Strategy

Accelerated organic growth. __ (original post written by VP, Group Director Srividya Sridharan and appears on Forbes.com) B2B companies won’t win — today or in the future — with outdated short-term strategies. Value is realized by the buyer, not gifted by the supplier. B2B The result?

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Internal & External Analysis

OnStrategyHQ

The output of completing an internal and external analysis – also known as a strategic analysis – is to have a clear picture of your organization’s current state. Before any organization jumps into the core of strategic planning, it’s vital to clearly understand where your organization is today. How do you best meet their needs?

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