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Value Generation


Creating value from the supply base can be achieved by not only focusing on price but also increasing operational performance, driving efficiencies, working collaboratively or developing continuous improvement activities.

CIPS Procurement Topics

Related concepts

Procurement Transformation

A new era is changing the procurement function, creating broader and deeper roles where buyers also need to be value brokers, and capture, retain and manage talent (Supply Management)

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Collaborative Planning, Forecasting and Replenishment (CPFR)

The CPFR reference model provides a general framework for the collaborative aspects of the planning, forecasting and replenishment processes (Wiehenbrauk, 2010)

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Collaborative Relationships in Procurement

In the age of globalisation, where business is conducted across borders, cultures and sectors, effective collaboration can help companies to make the most of...

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