Episodes
Six questions to determine if a supplier can walk away from a negotiation
Today we go over six critical questions to ask suppliers to gauge the buyer-supplier power dynamic and how to best utilize those answers during a negotiation. Spread the love
Supplier Development
Supplier Relationship Management is made up of two things, supplier performance management and supplier development. In this episode we take a deep dive into supplier development. We talk about what it is, why it is important, and how to implement it to achieve the best results which will make...
P3 Model
In this episode we talk about the P3 model, which is the extension of procurement process lite. This model entails the steps and process that it takes to be a successful procurement professional or for anyone in an organization to strategically source goods and services while achieving the best...
Procurement Process Lite Series – Scope of Work & Specifications
Part one of the procurement process lite series where we talk about what to do when you receive a scope of work or specifications from your internal stakeholder to get the best results. Spread the love
Procurement Process Lite Series – RfX
Part two of the procurement process lite series where we discuss how to most effectively work with suppliers and leverage their knowledge during the RfX phase to achieve the best results! Spread the love
Procurement Process Lite Series – Negotiation
Part three of the procurement process lite series where we talk about how to most effectively negotiate with suppliers with the understanding that negotiation planning is the most critical part of any negotiation! Spread the love
Procurement Process Lite Series – Contracting
Part four of the procurement process lite series where we discuss utilizing a contract as a performance based document that assures our organizations desired performance results are being met by our suppliers! Spread the love
Procurement Process Lite Series – Supplier Relationship Management
Part five of our procurement process lite series where we discuss how to most proactively manage your suppliers by measuring their performance and focusing on their development to strengthen your supply chain! Spread the love
Apple Inc’s Sapphire Display Supplier That Never Was
What can we learn from Apple's ambition to put sapphire displays on their iPhones? In this episode we look at a case study of Apple's ambitious pursuit to put sapphire glass displays on their iPhones in 2014 and why that pursuit never came to fruition due to supplier relationships. ...
Cost Optimization vs Cost Cutting
Cost Optimization and Cost Cutting are both ways for an organization to save on costs but they usually have very different perceptions by many in organizations. We discuss why procurement professionals need to focus on Cost Optimization now so they do not have to worry about Cost Cutting later. ...
Procurement Process Lite Series – Preview
The ProcureStrategy podcast will be doing a full series for procurement process lite with the goal of helping procurement professionals, business owners, entrepreneurs, and anyone else purchasing for their organizations the best results possible at the lowest total cost of ownership! Spread the love
Types of Costs
In this episode we talk about the different types of costs that anyone making a strategic purchase should understand. We also go over how to break down total cost of ownership to assure that we are getting the lowest total cost of ownership along with other tips when considering...
Six questions to determine if a supplier can walk away from a negotiation