Discuss, debate and exchange ideas on latest trends and opportunities in the Business Process Management (BPM) landscape. Deliberate on adding “business value” to clients, vendors, employees and various other stakeholders to enhance customer satisfaction and sustain long term partnerships.


July 23, 2019

5 Trends in Procurement for Manufacturing industry

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In the professional sphere, it is critical for each one of us to improve our performance at work and thus make a significant impact to the companies that we belong to. Hence, it is important to reflect on the learnings from the years gone by and resolve to strengthen our capabilities and capacities in the years ahead. Let us take a look at five of the most influencing procurement and manufacturing trends this year and beyond.

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Industrial Bearings Market and Procurement

Bearing article_dp.pngBearings industry is becoming more technology intensive as the demand for durable, smart and cost-efficient bearings increases. Manufactures are adopting new technologies in production as the buyers ask for complex high quality components that offer more precision and longer operating life. The global distributors are expected to offer diversity and ease of supply. The industry faces a high risk of counterfeit products that is prompting the buyers to look for reputed suppliers that have been in the business for a long time and have direct experience in providing the type of bearings they require. 

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June 27, 2019

e-Sourcing Platforms for S&P process: ARIBA & Xfer

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eSourcing platforms not only facilitate real-time and endless negotiation between competent suppliers, but also guarantee transparency. This is where suppliers compete amongst themselves to provide the best possible price for the highest possible quantity under prevailing circumstances in order to attain the order.

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Market intelligence: A Value-Multiplier for sourcing projects

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One of the major mistakes we can make while preparing our category profile is to underestimate the significance of a solid market intelligence department. It is not uncommon to get caught up in the natural complications of a sourcing project -such as scope definition, milestones and approvals, and leave the market intelligence aspect out of it, or at least incomplete. 

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