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How to win by Procurement Best Practices?

How to win by Procurement Best Practices?

How to win & become world class by implementing Procurement Best Practices? The video below shows dozens of World class & Procurement best practices which you need to implement to become a world class purchasing & procurement organization.   Best Procurement Practices – Purchase Price Index from mehrSCM on Vimeo.

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Purchasing Capital Equipment

Purchasing Capital Equipment

Capital Equipment Procurement from MehrSCM on Vimeo. Introduction The purchase of capital equipment differs substantially from the purchase of production materials and supplies.  Leenders and Fearon classify capital equipment as to whether it is multi-purpose or single purpose.  Because these two types of capital equipment differ in versatility, technological life, residual value and number of sources, the manner in which

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Kaizen tools for a Kaizen Event

Kaizen tools for a Kaizen Event

When and how to use kaizen events Many organizations are reluctant to utilize kaizen events because such events take a team of employees away from their “real jobs” for three to five days at a time. Companies often choose to substitute kaizen events with projects assigned to one or two individuals. Because of a lack of perceived importance and a

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Top Ten Quality Gurus

Top Ten Quality Gurus

Many prominent figures have emerged within the quality field, but some have stood out as key figures of quality.  Most have passed away, but their memory still lives on in the ideas, concepts, and methods that permeate our quality thinking today.  In no particular order, they are: Dr. Walter Shewhart developed the Plan, Do, Check, Act (PDCA) cycle (known as

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Deming’s14 points for Management

Deming's14 points for Management

W. Edwards Deming’s 14 Points These fourteen key principles for managers resulted from Dr. Deming comparing Japanese companies with American companies in the late 1970s. Japanese managers understood why they were essential practices for continual improvement. Dr. Deming published the 14 Points to persuade American managers that they should follow suit to transform their business effectiveness. The points first appeared

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Reverse Auctions: 5 Game-Day Strategies

Reverse Auctions: 5 Game-Day Strategies

Inc staff When you’re facing off in a live reverse auction, the bidding can feel like gambling, with bluffs, calls, and feints. Here’s a sampling of strategies. Rely on incumbency Sometimes a big company’s primary motive is to compel a current supplier to cut prices. If you suspect you’re the target of this kind of pressure, bid your current price

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How to Compete in a Reverse Auction

How to Compete in a Reverse Auction

INC. David Bowman growing number of large companies are forcing suppliers to bid through reverse auctions. Here’s how to survive one with your margins intact. GOING, GOING, GONE! The advent of reverse auctions led Greg Gartner to completely rethink his approach to business. On days when Gartner Studios is trying to lock down a major sale, Greg Gartner turns his employee

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