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Our exclusive webinar, “Inside the Buyer's Journey: Aligning Supply Chain Strategies”, is live and available to watch now!    Join Thelma Chavez, Director of Operations at Controlled Holdings, and Kyle Cooper, Blue Ridge Education Consultant, to gain an insider’s perspective into the challenges, decision-making processes, and strategic considerations of buyers in the distribution industry. You will gain:  - A comprehensive understanding of the daily challenges faced by buyers in the distribution industry, including managing supplier relationships, balancing inventory levels, and more.    - Actionable strategies to align your supply chain planning with buyer needs and expectations. Covering best practices for enhancing communication, improving demand forecasting accuracy, and leveraging technology to support buyers in achieving their goals.    - Helpful information for developing and implementing profitable buying habits. Providing practical tips on optimizing purchasing decisions, reducing costs, and increasing overall efficiency in the supply chain, ensuring your organization stays competitive in the market. Register here https://lnkd.in/eVkDdWVV to watch the webinar today! 

We all know of the legendary old saying '𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡 𝐢𝐧 𝐧𝐮𝐦𝐛𝐞𝐫𝐬.' Let me share a modern-day interpretation of this adage – '𝐁𝐮𝐲𝐢𝐧𝐠 𝐆𝐫𝐨𝐮𝐩/𝐂𝐨𝐧𝐬𝐨𝐫𝐭𝐢𝐚.' Imagine a scenario where independent organizations come together to combine their purchasing requirements. This magical collaboration is what we call a buying group or consortium. 𝐁𝐲 𝐮𝐧𝐢𝐭𝐢𝐧𝐠 𝐭𝐡𝐞𝐢𝐫 𝐝𝐞𝐦𝐚𝐧𝐝𝐬 𝐟𝐨𝐫 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 / 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬, 𝐭𝐡𝐞𝐬𝐞 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐬 𝐮𝐧𝐥𝐨𝐜𝐤 𝐚 𝐰𝐡𝐨𝐥𝐞 𝐧𝐞𝐰 𝐰𝐨𝐫𝐥𝐝 𝐨𝐟 𝐩𝐨𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬. The advantages of buying groups are truly remarkable. First and foremost, they wield the power of aggregated purchase volume. 𝐖𝐢𝐭𝐡 𝐭𝐡𝐢𝐬 𝐜𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐯𝐞 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡, 𝐭𝐡𝐞𝐲 𝐡𝐨𝐥𝐝 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐭𝐨 𝐮𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐠𝐫𝐞𝐚𝐭𝐞𝐫 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐩𝐨𝐰𝐞𝐫 𝐚𝐧𝐝 𝐚𝐜𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐩𝐫𝐢𝐜𝐞𝐬 𝐟𝐫𝐨𝐦 𝐬𝐮𝐩𝐩𝐥𝐢𝐞𝐫𝐬. But that's not all! By consolidating the supply base and streamlining the procurement process, organizations can save valuable time and resources. 𝐎𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐞𝐧𝐜𝐡𝐚𝐧𝐭𝐢𝐧𝐠 𝐚𝐬𝐩𝐞𝐜𝐭𝐬 𝐨𝐟 𝐛𝐮𝐲𝐢𝐧𝐠 𝐠𝐫𝐨𝐮𝐩𝐬 𝐢𝐬 𝐭𝐡𝐞 𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐭𝐨 𝐧𝐞𝐭𝐰𝐨𝐫𝐤 𝐰𝐢𝐭𝐡 𝐨𝐭𝐡𝐞𝐫 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐫𝐨𝐜𝐮𝐫𝐞𝐦𝐞𝐧𝐭 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐬. These connections create an environment where knowledge is shared, best practices are benchmarked, and new insights are discovered. Now, let me share an extraordinary example of the power of buying groups. 𝐀𝐜𝐜𝐨𝐫𝐝𝐢𝐧𝐠 𝐭𝐨 𝐚 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐃𝐨𝐛𝐬𝐨𝐧 𝐃𝐚𝐕𝐚𝐧𝐳𝐨 & 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐞𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐇𝐞𝐚𝐥𝐭𝐡 𝐂𝐚𝐫𝐞 𝐆𝐫𝐨𝐮𝐩 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒𝐀, 𝐆𝐫𝐨𝐮𝐩 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐎𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐬 𝐡𝐚𝐯𝐞 𝐦𝐚𝐝𝐞 𝐚 𝐭𝐫𝐞𝐦𝐞𝐧𝐝𝐨𝐮𝐬 𝐢𝐦𝐩𝐚𝐜𝐭. 𝐓𝐡𝐞𝐲 𝐰𝐢𝐥𝐥 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐞 𝐦𝐢𝐧𝐝-𝐛𝐨𝐠𝐠𝐥𝐢𝐧𝐠 𝐬𝐚𝐯𝐢𝐧𝐠𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐞𝐧𝐭𝐢𝐫𝐞 𝐔.𝐒. 𝐡𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐬𝐲𝐬𝐭𝐞𝐦. 𝐀 𝐰𝐡𝐨𝐩𝐩𝐢𝐧𝐠 $𝟑𝟒.𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐟𝐨𝐫 𝟐𝟎𝟏𝟔 𝐚𝐥𝐨𝐧𝐞! $𝟏𝟗𝟕.𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐬𝐮𝐛𝐬𝐞𝐪𝐮𝐞𝐧𝐭 𝐟𝐢𝐯𝐞-𝐲𝐞𝐚𝐫 𝐩𝐞𝐫𝐢𝐨𝐝 𝐨𝐟 𝟐𝟎𝟏𝟕-𝟐𝟎𝟐𝟏; 𝐨𝐫 $𝟒𝟓𝟔.𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐬𝐮𝐛𝐬𝐞𝐪𝐮𝐞𝐧𝐭 𝐭𝐞𝐧-𝐲𝐞𝐚𝐫 𝐩𝐞𝐫𝐢𝐨𝐝 𝐨𝐟 𝟐𝟎𝟏𝟕-𝟐𝟎𝟐𝟔. These numbers are a testament to the immense potential of buying groups. Unleash the magic of collaboration, tap into the power of aggregated purchasing, and open the doors to a world of cost savings, efficiency, and innovation. #ProcurementLevers #LeverageBuyingGroups #SupplyChainSuccessStories

Join Loftware for a webinar on May 16, to learn how to optimize your supply chain operations through supplier compliance.

Ready for the second day of ProcureCon Europe Series with my great colleague Flore Rosset! Looking forward to have some insightful conversations about indirect tail spend. How Unite can help companies to get rid of unnecessary administration costs coming from ad hoc purchases. And simplify the buying experience for their employees at the same time. Want to know more? Just reach out!

Organizations are realizing the importance of prioritizing customer-centric approaches in all aspects of their operations, but often overlook procurement function. By shifting the focus from cost-driven decisions to demand-driven strategies, procurement can unlock a range of business benefits, including increased customer loyalty, improved supply chain efficiency, enhanced brand positioning, and a competitive edge.

Death of Strategic Suppliers: Time for Change! ⚡ Our latest blog tackles the fading concept of 'strategic suppliers' and introduces a more inclusive model for supplier relationships. Featuring insights from top industry experts and exclusive videos. Read more ➡️ https://lnkd.in/erQvJ9Rm 1. The traditional distinction between 'strategic' and 'non-strategic' suppliers is becoming outdated. 2. Embracing all suppliers equally can unlock hidden opportunities and enhance overall performance. 3. Poor communication, one-sided relationships, and unmet expectations are common pitfalls. 4. Adopting a partnership mindset with open communication, clear metrics, and transparency is key. 5. Aligning with business goals, fostering collaboration, leveraging data, and being the customer of choice are essential for future-proof supplier relationships. #Procurement #SupplyChain #SupplierRelationships #Innovation #BusinessGrowth

Transform Your Supply Chain with Ease - here's how: Simplify Supply Chain Management Quickly and Effectively. This underscores the pivotal role of choosing the right solution. Why Choose ActionEDI? Transparent Pricing: Enjoy a simple, flat fee structure with no hidden costs. Flexibility: No long-term commitments or binding contracts. Unlimited Access: Set up as many trading partners, email PO conversions, user accounts, catalog, and inventory setups as you need, without any additional cost. Enhanced Efficiency: Automate purchase order assignments to save time and reduce errors. Doing so not only enhances collaboration, but also drives tangible business outcomes. Efficient supply chains are 2.5 times more likely to be high-performing revenue organizations. How do you transform your supply chain with ease? Give us a try and Book A Demo Today: https://lnkd.in/gWFcCqbf

Exploring #VDart's 'A Step-by-Step Guide to Streamline Your Supply Chain.' A pivotal read for simplifying processes, enhancing quality, reduce cost and boosting efficiency. Discover essential strategies for your supply chain transformation. Worth the download! ⬇ #Dimiour #mustreadguide #unlockefficiency #supplychain #vendormanagement #supplychaininnovation #transformyoursupplychain

🌟 Visions are like fixed stars, unreachable, but they provide orientation. In the world of Supply Chain, these visions are our differentiated Material Group Strategies, our objectives. They are the guiding stars that navigate us through the complex Supply Chain and Procurement landscape. Our Key Results are the measurable milestones that indicate our progress towards these visions.   Every company is unique and requires individual solutions 💼. A standardized part requires a different approach than a part custom-made for your company. Therefore, the focus is on creating data transparency 📊 and developing profitable, differentiated Material Group Strategies.   The key question is: Do you have a medium and long-term Material Group Strategy and the necessary data transparency? How do you define and measure success in implementing the Material Group Strategy? Are your objectives and key results clearly defined and measurable?   I invite you to dive deep into your company processes with me, identify your core manufacturing competencies, adopt effective solutions from other industries, and build an innovative supplier network.   Are you ready to find your fixed star 🌟? Let’s work together to make your vision a reality. Visit my website www.vis-consult.eu for more information or connect with me directly on LinkedIn. To stay up-to-date on my latest posts, hit the bell 🔔. #OKR #Strategy #MakeOrBuy #Benchmarking #SourcingConcepts

Ever wondered how top companies streamline their supply chains? Our exclusive #whitepaper reveals the secrets of mastering Vendor Consolidation and Supplier Rationalization. It unveils a strategic approach to reducing complexity, enhancing quality, and achieving unparalleled efficiency. This guide is your key to overcoming common hurdles and unlocking supply chain innovation. Don't miss out on the strategies that could redefine your operations. Download your must-have guide now ⬇. #VDart #transformyoursupplychain #mustreadguide #unlockefficiency #supplychain #vendormanagement