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In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. Here are three examples.
That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. Here are three examples.
That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.
The panel observed that we are also seeing a rise in investor-State arbitration cases, with increasing corporate demand for these services, particularly from Australian mining companies expanding operations overseas.
Prediction 3: Procurement will drive critical businessstrategies in 2021-22. The next big trend outlined in Bartolini’s presentation is Procurement’s growing business impact. We expect sourcing leaders will be reevaluating their suppliers and bringing more RFPs to market.”. Ardent Partners Big Trends, February 2021.
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