Podcast
Questions and Answers
What are the steps involved in entering into a cooperation with a new supplier?
What are the steps involved in entering into a cooperation with a new supplier?
Needs analysis, procurement market analysis, derive procurement strategy, supplier analysis and selection, implementation.
Why is it not good to be dependent on first tier suppliers?
Why is it not good to be dependent on first tier suppliers?
Dependence weakens cost control, reduces ability to keep pace with technological developments and shifts in demand, difficult to ensure that suppliers operate in a social and environmental environment, less control over costs, less insight into technological developments, less access to market information, less control over sustainability.
In what situation would should costing not be worthwhile?
In what situation would should costing not be worthwhile?
When ordering from a monopolist (our supplier), because then we don't have negotiation power. It is only worthwhile if we are in a relatively powerful position.
What does should-cost analysis mean?
What does should-cost analysis mean?
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Which step should be taken first when entering into a cooperation with a new supplier?
Which step should be taken first when entering into a cooperation with a new supplier?
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What is one disadvantage of being dependent on first tier suppliers?
What is one disadvantage of being dependent on first tier suppliers?
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When is should-cost analysis not worthwhile?
When is should-cost analysis not worthwhile?
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What does it mean to conduct a procurement market analysis?
What does it mean to conduct a procurement market analysis?
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Why is it important to have control over sustainability in supplier relationships?
Why is it important to have control over sustainability in supplier relationships?
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