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Defining the future of procurement at Horizon

Defining the future of procurement at Horizon 2012

Prior to World War II: Purchasing was regarded as being primarily clerical. Post World War II: Purchasing as a function gains stature, and with an increasing number of trained professionals, becomes a well recognized science, gradually growing into a strategic function. Recession 2008-09: Procurement was placed at the heart of business strategy. 2010s: The rise

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Manufacturing and Direct Materials Sourcing

Manufacturing and Direct Materials Sourcing: A Planning Guide for the Next Decade (Part 3)

In part 2 of the 5 part series on Manufacturing & Direct Material Sourcing we saw how leading manufacturers are beginning to factor a total cost understanding into sourcing strategies. In part 3 of the series we delve into the third key tactic – Total Cost Visibility – Total Cost Modeling at the Center of Buying

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Manufacturing and Direct Materials Sourcing

Manufacturing and Direct Materials Sourcing: A Planning Guide for the Next Decade (Part 2)

In part 1 of the 5 part series on Manufacturing & Direct Material Sourcing, we saw how commodity forecasting, planning and true visibility into savings tracking and budgeting impacts form the nucleus of newer procurement initiatives. In part 2 of the series we will have a look into the second key tactic organizations are deploying

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Manufacturing and Direct Materials Sourcing

Manufacturing and Direct Materials Sourcing: A Planning Guide for the Next Decade (Part 1)

The challenges and scale of the opportunity posed for working in procurement within manufacturing have grown dramatically in the past few years. But technology adoption hasn’t kept up. At best, we’ve seen transformations in the function leveraging certain technologies (e.g., reverse auctions as process crutch to implement five-step or seven-step strategic sourcing processes on a

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Leveraging technology to manage supplier risks

Leveraging technology to manage supplier risks

According to the latest Procurement Key Is­sues study by The Hackett Group, managing supplier risks is cited as the second most important concern for procurement in the next year. In addition, the report notes that the concept of supplier risk has broadened from one of supplier viability and continuity to an approach that includes supplier

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A Case of Identity

A Case of Identity

Zycus brings to you the worlds most famous consultative detective – Sherlock Holmes in an entirely new role. Test your skills in solving some of the intriguing cases related to procurement alongside Holmes & his trusty sidekick Dr. Watson. Play the procurement game and stand the chance of being crowned ‘The Procurement Guru’ along with

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