Remove Artificial Intelligence Remove Negotiation Remove Procurement
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Context and curiosity drive commerciality and pricing

Red Star Kim

Procurement and pricing Increasingly for global or public sector clients, procurement will have a major role in managing panels, framework agreements and tenders. Often, pricing becomes the focus of these negotiations. Pricing is one of the five considerations for procurement Do You Know what the Five Rights of Procurement are?

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Consumer Packaged Goods (CPG) Industry Value Chain: Deep Dive

Flevy

Raw material sourcing ensures the procurement of high-quality inputs, while product development focuses on creating products that meet consumer needs. Procurement secures essential materials and services, while technology development drives innovation. After-sales service and support maintain customer satisfaction and loyalty.

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Digital Health Industry Value Chain: Deep Dive

Flevy

Procurement secures essential materials and services, while technology development drives continuous innovation. For instance, the integration of artificial intelligence (AI) in diagnostics has revolutionized disease detection and patient monitoring, providing more accurate and timely insights.

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Omnichannel Retail Industry Value Chain: Deep Dive

Flevy

For example, Product Sourcing and Procurement should be customized to ensure responsiveness to market trends and consumer preferences. Innovations such as artificial intelligence (AI) and machine learning are transforming how retailers predict demand, personalize customer experiences, and manage logistics.

Retail 52
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E-Commerce Industry Value Chain: Deep Dive

Flevy

Market research and consumer insights inform product selection and marketing strategies, while product sourcing and procurement ensure a steady supply of high-quality goods. Product Sourcing and Procurement: Tailoring product sourcing involves focusing on quality, cost, and supplier reliability.

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Chemicals Industry Value Chain: Deep Dive

Flevy

Raw material sourcing ensures the procurement of essential inputs, while R&D drives innovation and the development of new chemical products. Utilizing advanced procurement technologies can enhance transparency and efficiency in the supply chain.

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Medical Device Industry Value Chain: Deep Dive

Flevy

Support Activities: Procurement: Sourcing materials and components for device production. Procurement secures essential materials, technology development drives innovation, and human resource management ensures a skilled workforce. Maintenance and Support: Providing ongoing maintenance and support to ensure device functionality.