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Demand Forecasting: Forecasting with Seasonal Trends
On the one hand, we can predict demand, because of the continuity of demand (for example, if the demand was large in the past, the demand wi[……]Read more…
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Weak planning is a problem for professional managers
Simply put, corporate planning can be divided into three levels. At the strategic level, the boss formulates strategic goals, which is strategic plann[……]Read more…
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Suppliers management is critical to your business management
Companies all know that selecting good suppliers is important, so they spend about 60% of their time on strategic sourcing. However, after the supplie[……]Read more…
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Accurate Planning for Business Success
The accuracy of the new product plan is low, accompanied by more demand history, it is necessary to roll up and update in time, and at the same time b[……]Read more…
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How to get a win-win negotiation for business management
In procurement management, procurement negotiation is a process where experts contact with each other to create agreeable terms for contract. The pa[……]Read more…
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Planning point to supply chain performance
More than ten years ago, when David was in business school in North America, a professor said,, if a person can’t do design, sales, finance, personnel[……]Read more…
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Procurement price is not based on quality
In the nineties, David was still in the pharmaceutical industry, a lucrative industry. Entire industry is concerned about only one word: money. Whethe[……]Read more…
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Procurement cost reduction, cost avoidance and procurement rebates
Suppliers are easy to talk about, but money is not easy to talk about. But no one can afford not to talk about costs, and as one chief procurement off[……]Read more…
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which suppliers should be taken priority for management?
No matter what company it is, resources for supplier management are always limited. Which suppliers should we focus on managing? Not actively e[……]Read more…
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Payment For Supply Chain And Procurement Business
Payment You Can Choose Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this[……]Read more…
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Supply Chain Roles and Responsibilities For business
A reader asked what is the difference between a purchasing engineer and a buyer. The answer seems simple, the purchasing engineer is responsible for t[……]Read more…
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Do purchasing like sales management
In the past few years, I have been training supply chain management for the sales of some companies in Korea, and I have become more and more aware th[……]Read more…
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Purchasing’s position depends on its relationship with internal customers
David Nelson is a godfather in the field of purchasing and supply management in the United States. He served as chief purchasing officer in Honda (USA[……]Read more…
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Three Steps to Reduce Cost For Supply Chain And Procurement Business
Procurement cannot avoid cost reduction. A chief procurement officer said it well, 70% of procurement performance is reflected in procuremen[……]Read more…
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Material management: not just for purchasing department
Material Management is to manage the purchase objects with certain classification to obtain better scale advantages and bargaining power. For example,[……]Read more…
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Why do most purchasing directors and vice presidents come from other backgrounds?
A reader wrote to me, saying that he had worked for Four large manufacturing companies in UK, and the purchasing bosses of each company were not origi[……]Read more…
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Consulting Pricing for business management and supply chain
We do business, not just managing. Whether your company looks for suply chain and procurement consulting, market analysis o[……]Read more…
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Demand management and influence for procurement
“purchase” is supply-oriented , with insufficient demand management; “procurement” is demand-oriented , managing demand, influencing demand, and strea[……]Read more…
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Procurement Starts with Demand Management
Procurement starts with Demand Management “procurement” starts with managing demand, finding suitable suppliers around demand (strategic sourcing),[……]Read more…
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differences between purchase and procurement?
What are the differences between the objects of work of “purchase” and “procurement”? “Purchase” and “procurement” have different working objects :[……]Read more…
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