ProcureStrategy

In this episode, 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. 

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 your supply chain as strong as possible! 

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 results. 

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! 

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! 

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! 

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! 

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. 

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. 

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!