Strategic Objectives
Cost
We apply best practices like strategic sourcing and competitive bidding to optimize procurement costs. By integrating ERP systems and employing kanban techniques, we enhance inventory management and reduce holding costs, leading to significant cost savings across your supply chain. Through load optimization and modal optimization, we enhance transportation efficiency and reduce logistics costs.
My Cost Project Summary
Number of Projects
11
Average % Improvement
20%
Average $ Improvement
$2.45m
Average ROI
134
My Cost Related Articles
Which Document to Use and When
In this article, I wanted to quickly clarify confusion about when to use the standard competitive bid documents: the request for information (RFI), the request for proposal (RFP), and the request for quotation (RFQ).
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Which Document to Use and When
The Simple Sourcing Strategy to Leverage First, and Why
The launch of a strategic sourcing program can be a daunting proposition. A.T. Kearney tells us that there are 64 strategies to choose from. Wow! It is also true, however, that one simple strategy should almost always come before the others. My suggestion would be to start with the “Volume Leveraging” strategy.
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