Insights by Nitor

How To Transform Your Sourcing Daydream Into Reality

Posted by Lynn Barras on Jul 12, 2016 12:28:48 PM

"Vision without action is a daydream.  Action without a vision is a nightmare." ~ Japanese proverb

What truly is vision put into action?  In the world of Procurement, the answer is Strategic Sourcing.  As Procurement professionals, we know that the overall goal of delivering substantial savings is enabled through this vital Element. Many organizations source their spend but the first word is often forgotten - Strategic.  Strategic Sourcing is a process-based, data driven, six-sigma oriented methodology used to gather information and identify requirements to best manage and leverage organizational spend.

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Topics: strategic sourcing, procurement consulting

Is Your Procurement Organization Really Conducting Category Management?

Posted by Lynn Barras on Jun 14, 2016 10:35:24 AM

Diving into Nitor Partners' second element, Category Management, we would like you to consider your Procurement organization and ask yourself the question: "Is it really conducting Category Management?"  This article will pose significant questions for your Procurement team and get to the root of what effective Category Managementt should look like and how it is critical to success. 

So, are you managing your categories effectively or are you only appearing to do so? Are you an impostor when it comes to Category Management, or are you the real deal?

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Topics: strategic sourcing, category management

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