Remove Profitability Remove Suppliers 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. Invested in the relationship and view you as a strategic supplier. Suppliers are dispensable.

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How AI can help manufacturers revamp their supply chains and be more sustainable

Zendesk

The ongoing effects of the pandemic and, more recently, the war in Ukraine have exposed supply chain vulnerabilities that are forcing companies to adapt quickly. For example, cognitive AI offers manufacturers a single, holistic view of the supply chain and helps remove bottlenecks in operations using real-time data.

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The Kraljic Matrix

Flevy

Two key factors critical for devising a robust purchasing and supply management strategy are: Strategic importance of purchasing: This factor measures the ratio of raw material costs to total costs, their impact on profitability, and the value addition done by the entire product portfolio. Decide on make-versus-buy choices.

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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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Inventory Management 101 – Helpful Techniques

Apptivo

Apptivo has a definite supply chain system that helps companies with their inventory management. After locating a place and getting everything set, he goes to suppliers to purchase the products required for preparing the items on his menu. The situation of backorder occurs when the demand is more than supply.

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How Project N95 streamlined its volunteer-staffed support using Zendesk

Zendesk

The non-profit organization bills itself as the National Clearinghouse for PPE in the United States, protecting healthcare, essential workers, vulnerable communities, and anyone who needs to be safe in their community by providing equitable access to PPE. That’s where Project N95 comes in.

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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. So, instead of storing your contracts and customer or supplier data in spreadsheets or in multiple online databases, you can safely store it all in a CRM system that helps protect your customers’ privacy and build trust.