Supply Chain, Procurement, Purchasing Job and Business Ideas
Procurement Insights
Supply Chain, Procurement, Purchasing Job and Business Ideas
Procurement consulting: Offer consulting services to help businesses streamline their procurement processes, reduce costs, and improve supplier relationships.
Procurement software: Develop and sell procurement software that helps businesses automate and manage their procurement processes, including sourcing, purchasing, and vendor management.
Sourcing and supplier management: Offer services to help businesses find and manage their suppliers, including identifying new suppliers, negotiating contracts, and conducting risk assessments.
Reverse auctions: Develop and run online reverse auctions, which are a type of procurement process where suppliers compete to offer the lowest price for a product or service.
Contract management: Offer contract management services to help businesses manage their contracts with suppliers, including reviewing and negotiating terms, tracking compliance, and managing disputes.
Procurement training: Develop and deliver training programs to help businesses improve their procurement skills and processes.
Procurement outsourcing: Offer outsourcing services to handle procurement tasks for businesses, including sourcing, purchasing, and vendor management.
Supply chain management: Offer supply chain management services to help businesses optimize the flow of goods and materials from suppliers to customers, including logistics, inventory management, and transportation.
Procurement analytics: Develop and sell procurement analytics software that helps businesses analyze and optimize their procurement data, including spend data, supplier performance, and contract terms.
Procurement financing: Offer financing solutions to help businesses manage their procurement processes, including vendor financing, supply chain financing, and purchase order financing.
Procurement automation: Develop and sell procurement automation software that helps businesses automate their procurement processes, including sourcing, purchasing, and vendor management.
Strategic sourcing: Offer strategic sourcing services to help businesses optimize their procurement processes and reduce costs by identifying and selecting the most suitable suppliers.
Supplier diversity: Develop and offer consulting services to help businesses increase their supplier diversity and support diversity, equity, and inclusion in their procurement processes.
Supplier relationship management: Offer services to help businesses improve their relationships with suppliers, including communication, collaboration, and dispute resolution.
Sustainability and ethical sourcing: Develop and offer consulting services to help businesses incorporate sustainability and ethical considerations into their procurement processes.
Supply chain risk management: Offer services to help businesses identify and mitigate risks in their supply chain, including political, economic, and environmental risks.
Procurement benchmarking: Develop and offer services to help businesses compare their procurement processes and performance to industry benchmarks.
Procurement talent acquisition: Offer recruitment services to help businesses find and hire skilled procurement professionals.
Procurement legal services: Offer legal services to help businesses navigate the complex legal issues involved in procurement, including contract law, procurement regulations, and intellectual property law.
Procurement process optimization: Offer consulting services to help businesses optimize their procurement processes, including identifying bottlenecks and inefficiencies, and implementing process improvements.
Supply chain sustainability: Develop and offer consulting services to help businesses make their supply chains more sustainable, including reducing their environmental impact and promoting social responsibility.
Supply chain mapping: Offer services to help businesses map out and visualize their supply chain, including identifying key suppliers and identifying potential risks.
Supply chain financing: Offer financing solutions to help businesses manage their supply chain, including inventory financing, purchase order financing, and accounts payable financing.
Supply chain analytics: Develop and sell supply chain analytics software that helps businesses analyze and optimize their supply chain data, including demand forecasting, inventory management, and transportation optimization.
Supply chain risk assessment: Offer services to help businesses assess and manage risks in their supply chain, including political, economic, and environmental risks.
Procurement performance management: Offer consulting services to help businesses monitor and improve the performance of their procurement processes, including supplier performance and cost management.
About the Creator
Sendil Arasu Vijaya Kumar
I attained bachelor degree in mechanical engineering and master degree in marketing management, having 21 Years of professional work experience. International exposure in Supply Chain Procurement domain. Author of "The Procurement Acumen"
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Value Analysis / Value Engineering
In the context of procurement, VA and VE are two related concepts that stand for Value Analysis (VA) and Value Engineering (VE). They are systematic approaches used to enhance the value of products, services, or processes while optimizing costs. Let's explore each concept in more detail:
By Sendil Arasu Vijaya Kumar3 years ago in Education
From Job to Prison: Revenge, Sacrifice, and Ending
The story begins by showing a bald and strong man named Bradley, who is a car mechanic by profession. As usual, Bradley reaches the garage with a broken car, but after arriving there, he sees that the garage owner is anxiously waiting only for him, which makes him a little surprised. Then the garage owner calls him into his office. Hearing this, Bradley understands that he is about to be fired from his job, and exactly that happens. The owner tells him that these days the garage is going through a financial crisis, and that is why he is being forced to fire some workers. But this is only an excuse, because Bradley is a hard-tempered man, and the owner wants to remove him and hire someone who flatters him. Now since Bradley is a tough man, he does not argue with the owner. He goes to the locker room, takes out his belongings, takes his car, and silently leaves for home. And yes, friends, this is where the downfall of Bradley’s life begins, which continues straight until the end of the story and ends there. Anyway, Bradley stops his car in front of his house, and at the same time he sees that his wife Lauren is sitting in her car, talking to someone on the phone. Bradley becomes suspicious of her. To know the truth, he keeps watching her carefully for some time. When he becomes sure, he immediately goes to Lauren and tells her to open the car door. His wife says, “You came back from work very early today.” At the same moment, Bradley notices marks of someone else’s lips on her neck and says to Lauren, “Give me your phone.” But Lauren refuses to give the phone, because of which Bradley forcefully snatches the phone from her, and his suspicion turns out to be correct. She is talking on the phone with another man. In anger, Bradley tells Lauren to go inside the house. Lauren says, “At least listen to me.” Bradley says, “I said go inside the house.” Then Lauren silently goes inside the house. Now, he had already been fired from his job a little while ago, and now his wife’s affair, because of which he had become even more disturbed, so he starts taking out all his anger on Lauren’s car. How? You can see that yourself. Yes, he is so angry that he does not even realize that his hands have been badly injured. After that, he calms himself down and goes inside the house and questions Lauren about how many days she has been with the other man. Lauren tells him everything, that for the past three months she had been having an affair with someone else. Actually, Bradley’s wife had an abortion a few days earlier, because of which she used to remain sad, and Bradley often stayed busy with his work. Because of this, Lauren felt lonely and very depressed at home, and to fill this emptiness, she had to take support from another man. Hearing these things, Bradley realizes that he should have given time to Lauren. He apologizes to Lauren for this and says that from today, from right now, they will both start a new life. Lauren agrees. After that, Bradley tells Lauren that he has been fired from his job and now he will work for a man named Gil, who is a drug lord. As soon as she hears Gil’s name, Lauren clearly refuses and says, “You yourself said that you would never work with Gil.” Bradley says, “Yes, but in such circumstances, we cannot live like a prosperous family. To run a family, money is needed, and at this time I have no other option.” He also assures Lauren that he will do this work very carefully.
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