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Month: September 2017

Don’t manage costs. Manage suppliers.

Posted on 28. September 201722. February 2021 by Lars Kuch Pedersen

“Don’t manage costs. Manage suppliers” is our motto. Why? Because it makes financial sense.

In this article, I will shortly explain the reasons for this motto and explore why procurement should pay greater attention to the supplier management practice instead of having a narrow focus on price and cost saving.

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Don't manage costs. Manage suppliers

What is SRM?

Posted on 14. September 201722. February 2021 by Lars Kuch Pedersen

 

Recently, an honest procurement leader asked us the question: ‘What is SRM?’

I think this is a very relevant question, as there seems to be no consensus on what SRM really is. In my experience, you can ask ten CPOs this question and you would probably get ten different answers.

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What is SRM?
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