Remove Procurement Remove Profitability Remove Supply Chain
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9 Unexpected Reasons Why Key Account Management is Important

Account Manager Tips

Importance of key account management Existing business is cheaper and more profitable than new business. Account growth, renewals and advocacy are difficult for indirect suppliers because procurement focus on spend management. Pass it on. Click to Tweet. But (and it's a big but). The answer? Key account management to the rescue!

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The Kraljic Matrix

Flevy

The procurement function in most organizations deserves more attention than it gets. Most executives associated with procurement lack the competencies and perspectives required to identify gaps and effectively manage the function. The Kraljic Matrix presents an objective methodology to identify supply bottlenecks, threats, and flaws.

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What is the value chain? Value chain definition, model, and examples

Zendesk

Every executive in the world spends part of their day wondering how to make their products and services stand out while still turning a profit. In this piece, we cover: Value chain definition. Benefits of value chains. Porter’s value chain. Value chain vs. supply chain. Value chain example.

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How Project N95 streamlined its volunteer-staffed support using Zendesk

Zendesk

As we enter year two of “life after coronavirus,” procuring proper personal protective equipment (PPE) can be just as difficult as it was in the early days of the pandemic. While most hospitals have a good supply, it can still be tough for small health care facilities and regular citizens to pick up a cache of affordable, high-quality PPE.

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How to negotiate with procurement, with Mike Lander

Account Management Skills

In this episode, I chat to Mike Lander, CEO of Piscari, a former procurement director who now assists sales teams in negotiating with procurement departments. We also dive into a five-step framework to help you negotiate more effectively and shed light on some questionable tactics employed by less experienced procurement professionals.

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Insurance Industry Value Chain: Deep Dive

Flevy

Mapping out the Insurance Value Chain The value chain in insurance provides a structured approach for understanding how different activities contribute to the success and sustainability of an insurer. It consists of primary and support activities that work in tandem to manage risk, deliver value to customers, and ensure profitability.

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How Construction, IT and Manufacturing Industries Can Capitalize on CRM

SuperOffice

In fact, 90% of leading marketers agree that personalization contributes to business profitability significantly. Reducing bottlenecks, maintaining B2B relationships, and mitigating supply chain inefficiencies are top concerns in the manufacturing field. Increased supply chain visibility. CRM for Manufacturing.