The 1-Hour Service Sourcing Leader – How to Lead Vendor Negotiations Successfully

How to Lead Vendor Negotiations Successfully Negotiating a Contract is often a significant challenge in the area of Procurement, because of different stakeholders in the process and the short time span of two weeks. This short post will help you to lead your vendor negotiations successfully. As a Service & IT Procurement Specialist, I have … Read more

The 1-Hour Service Sourcing Leader – How to Establish Your High-Performance Team Effectively

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The One Hour Service Sourcing Leader – CPO: How to Create Your High-Performance Procurement Team Effectively – Your Challenge – Lack of Commitment – The CPOs Leadership Role – The CPOs Coaching Role   This article is about Corporate Teams and Coaching in the area of Procurement. Many Team members do not see the importance … Read more

The 1-Hour Service Sourcing Leader – 3 Smart Strategies to Choose Your High – Performance Vendors Rapidly

3 Smart Strategies to Choose Your High-Performance Vendors Rapidly You want to Find Out Your High-Performance Vendors to Set a Performance Standard for Your Organisation. Apply These Three Strategies to Achieve Your Goal: Smart Strategy # 1: Check Your Vendors Reliability & Consistency Smart Strategy #2: Assess Your Vendors Innovation Competency and Entrepreneurial Approach Smart … Read more

The 1-Hour Service Sourcing Leader – 3 Strategic Actions To Improve Your Cash-Flow Rapidly

3 Strategic Actions for CPOs To Improve Your Cash-Flow Rapidly 1. Evaluate the Efficiency of Your IT Management System 2. Evaluate Key Vendors Contracts 3. Change from Vendor Management System to Lead Buyer System   There are various actions which can be set as a CPO to manage joint ventures in organisations or turn around … Read more

The 1-Hour Service Sourcing Leader – How to Use 5 Smart Strategic Initiatives to Optimize Total Cost of Ownership

Discover 5 Smart Strategic Initiatives That Have The Highest Impact on Optimising Your Total Service Sourcing Cost of Ownership There are many approaches on how you can cut costs, manage your suppliers and efficiently structure the demand of your Internal Buyers. So, what are the main Strategic Initiatives you can implement in your organization? Here … Read more

The 1-Hour Service Sourcing Leader – 3 Service Sourcing Strategies To Manage Shared Service Centers Effectively

3 service sourcing strategies to manage shared service centers effectively that will make you 15% savings rapidly There are many ways on how the Procurement Processes can be enhanced. One Principle which I came up with when designing a Concept for a Shared Service Center. For the Client the following question was essential: Which processes … Read more

The 1-Hour Service Sourcing Leader – Best 5 Strategies to Manage Indirect Spend

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What is the background? In working in various larger organizations there has often been the urgency on how to structure the indirect spend department especially as there are always major changes happening in terms of technological, political & social perspective. Managing the indirect spend can often be an obstacle in many organization as there is … Read more

The 1-Hour Supply Chain Leader – 5 Steps to Choose and Manage Your Strategic Suppliers Effectively [Using a Strategic Supplier Scorecard]

Are you a Procurement Professional who is about to deliver a Scorecard within an organization. Here is a blog, which comes from my references when working as an External Consultant for various DAX organizations in Europe. First of all, make sure that you have a structure and a project plan where you are the person … Read more