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Results for: 4.2.1.6 Seek opportunities to improve efficiency and value (x)
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Shared Services and Procurement Cost

Organizations often see shared services as a sure way of lowering procurement costs through consolidation. But is it that simple?

Type: Benchmarks and Metrics  Topics: Purchasing, Supply Chain Management, Procurement, Sourcing, Supplier Certification, Shared Services, Organization and Management  Processes: 4.0 Deliver Products and Services, 4.2 Procure materials and services, 4.2.1.2 Clarify purchasing requirements, 4.2.1 Develop sourcing strategies, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2.2 Select suppliers and develop/maintain contracts, 4.2.3 Order materials and services, 4.2.4 Appraise and develop suppliers 
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Organizations Using Category Management Need Fewer Procurement Employees

APQC’s Open Standards Benchmarking  in procurement shows that organizations with category management programs have greater efficiency among procurement employees and thus need fewer full-time equivalent (FTE) ...

Type: Benchmarks and Metrics  Topics: Procurement, Supply Chain Management, Supplier Relationship Management  Processes: 4.2 Procure materials and services, 4.0 Deliver Products and Services, 4.2.1 Develop sourcing strategies, 4.2.1.1 Develop procurement plan, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2.1.7 Collaborate with suppliers to identify sourcing opportunities, 4.2.2 Select suppliers and develop/maintain contracts, 4.2.2.1 Select suppliers 
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Carbon Management: The Key Questions to Ask

Before developing an effective program to reduce carbon in the supply chain, organizations need to explore a number of questions to ensure the program will be successful.

Type: Articles and White Papers  Topics: Environmental, Organization and Management, Environmental Health & Safety  Processes: 4.0 Deliver Products and Services, 1.1.1.7 Identify ecological concerns, 1.1 Define the business concept and long-term vision, 1.1.1 Assess the external environment, 4.1.3.2 Collaborate with supplier and contract manufacturers, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.3 Create materials plan, 4.1.7.1 Review distribution network, 4.1.7 Review distribution planning policies, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2 Procure materials and services, 4.2.1 Develop sourcing strategies, 4.5 Manage logistics and warehousing 
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APQC/AME Benchmarking CoP Webinar: Supplier Category Management

This webinar produced by APQC and AME (the Association for Manufacturing Excellence) looks at supplier category management, which is related to supplier relationship management.

Type: Presentations  Topics: Procurement, Supply Chain Management, Supplier Relationship Management, Supplier Partnerships  Processes: 4.2.1 Develop sourcing strategies, 4.0 Deliver Products and Services, 4.2 Procure materials and services, 4.2.1.4 Match needs to supply capabilities, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2.1.7 Collaborate with suppliers to identify sourcing opportunities, 4.2.2 Select suppliers and develop/maintain contracts, 4.2.2.1 Select suppliers, 4.2.4.2 Prepare/Analyze procurement and vendor performance, 4.2.4 Appraise and develop suppliers 
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Carbon Management – Balancing the Trade-Offs

Supply chain professionals will have to manage a number of trade-offs to reduce carbon output.

Type: Articles and White Papers  Topics: Environmental, Organization and Management, Environmental Health & Safety  Processes: 4.0 Deliver Products and Services, 4.1.1 Develop production and materials strategies, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.1.2 Define labor and materials policies, 4.1.7 Review distribution planning policies, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2 Procure materials and services, 4.2.1 Develop sourcing strategies, 4.5.4.1 Plan, transport, and deliver outbound product, 4.5 Manage logistics and warehousing, 4.5.4 Operate outbound transportation 
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Supplier Relationship Management: Designing an Effective Program

This article covers the details of how to design a Supplier Relationship Management (SRM) program.

Type: Articles and White Papers  Topics: Supplier Relationship Management, Supply Chain Management, Procurement  Processes: 4.2 Procure materials and services, 4.0 Deliver Products and Services, 4.2.1 Develop sourcing strategies, 4.2.1.1 Develop procurement plan, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2.1.7 Collaborate with suppliers to identify sourcing opportunities, 4.2.2 Select suppliers and develop/maintain contracts, 4.2.2.2 Certify and validate suppliers, 4.2.2.4 Manage contracts 
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Procurement Cards: Managing Suppliers

Organizations choose to implement procurement card (P-card) programs to reduce costs, improve productivity, take advantage of trade discounts, and reduce the number of vendors and disbursements they must handle.

Type: Best Practices and Business Drivers  Topics: Purchasing, Supply Chain Management, Procurement, Accounts Payable, Finance and Accounting  Processes: 8.6.1.4 Approve payments, 8.6 Process accounts payable and expense reimbursements, 8.6.1 Process accounts payable, 4.2 Procure materials and services, 4.0 Deliver Products and Services, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2.1 Develop sourcing strategies, 4.2.3 Order materials and services, 4.2.4 Appraise and develop suppliers, 8.0 Manage Financial Resources, 8.7.2 Manage cash, 8.7 Manage treasury operations, 8.6.1.8 Process payments 
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Procurement Card: One Card for Many Purposes

Many organizations are choosing to implement procurement card (P-card) programs in order to reduce costs, improve productivity, take advantage of trade discounts, and reduce the number of vendors and disbursements ...

Type: Best Practices and Business Drivers  Topics: Purchasing, Supply Chain Management, Procurement, Accounts Payable, Finance and Accounting  Processes: 8.6.1.4 Approve payments, 8.6 Process accounts payable and expense reimbursements, 8.6.1 Process accounts payable, 4.2 Procure materials and services, 4.0 Deliver Products and Services, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2.1 Develop sourcing strategies, 4.2.3 Order materials and services, 8.0 Manage Financial Resources, 8.6.1.8 Process payments 
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Ensuring Internal Success with Procurement Cards

Using procurement cards has many benefits within the organization, improved purchasing process, reduced number of accounts payable invoices and a decrease in disbursements.

Type: Best Practices and Business Drivers  Topics: Purchasing, Supply Chain Management, Procurement, Accounts Payable, Finance and Accounting, Cash Management  Processes: 4.2 Procure materials and services, 4.0 Deliver Products and Services, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2.1 Develop sourcing strategies, 4.2.3 Order materials and services, 8.0 Manage Financial Resources, 8.6 Process accounts payable and expense reimbursements, 8.7.2 Manage cash, 8.7 Manage treasury operations 
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Procure-to-Pay: Automation

APQC has indentified five key characteristics of organizations with high-performing procure to pay processes.

Type: Benchmarks and Metrics  Topics: Supplier Relationship Management, Supply Chain Management, Procurement, Procure-to-pay  Processes: 4.2 Procure materials and services, 4.0 Deliver Products and Services, 4.2.1.6 Seek opportunities to improve efficiency and value, 4.2.1 Develop sourcing strategies 
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