As professionals in the procurement field, we constantly strive to optimize our processes and ensure the best outcomes for our organizations. However, even the most experienced procurement teams can sometimes fall victim to common pitfalls that can hinder efficiency and effectiveness.
[Read more…] about Top 10 Classical Procurement Mistakes
Daily practice lead me to sharing my thoughts with you on the difference between a value chain and a supply chain. I noticed that these terms are used in all types of contextual discussions and I thought you might like my take on it.
A supply chain refers to the series of activities involved in bringing a product or service from its conception to delivery to the end customer. It typically involves the sourcing of raw materials, manufacturing, distribution, and logistics.
[Read more…] about Value Chain And Supply Chain, The Difference Explained
I’d love to expand a bit more on the difference between deal-driven people and result-driven people.
First, let’s take a closer look at the deal-driven folks. These are the salespeople and procurement professionals who love the thrill of the chase. They thrive on the adrenaline rush that comes with closing a deal and they’ll do whatever it takes to make it happen. This can include everything from bombarding you with phone calls and emails to taking you out to expensive lunches or even offering gifts.
[Read more…] about Deal-Driven Versus Result-Driven: What Is The Difference?This website uses cookies to ensure you get the best experience on our website. More information
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