Knowledge Bites
"Knowledge Bites" a collaborative hub of knowledge. Share your bite-sized wisdom, and let's grow together!
Welcome to Knowledge Bites! 🎉
We are pleased to introduce "Knowledge Bites," our latest initiative aimed at sharing quick, insightful tips and best practices in procurement and supply chain management. Whether you're a seasoned professional or just starting out, "Knowledge Bites" is designed to offer you valuable nuggets of information to help you stay ahead in this ever-evolving field. But we don't want this to be a one-way conversation—we invite all of you to join in! Share your own experiences, insights, and tips. Your contributions will help enrich our community and provide diverse perspectives that everyone can learn from.So, let's make "Knowledge Bites" a collaborative hub of knowledge. Share your bite-sized wisdom, and let's grow together!
Knowledge Series – Season 2 | Episode 3: Sales and Operations Planning – Forecasting
In a world of shifting consumer demands, supply chain disruptions, and rising service expectations, organizations cannot afford to plan reactively. Forecasting, when embedded within an effective Sales and Operations Planning (S&OP) framework, acts as a strategic tool to navigate uncertainty and drive performance across the value chain. S&OP brings together diverse functions—sales, marketing, finance, operations, and procurement—to create a unified, forward-looking plan. At the core of this alignment lies forecasting, the process of predicting future demand to support balanced and informed decision-making. Read More..
Knowledge Series – Season 2 | Episode 2: Sales and Operations Planning (S&OP)
In today’s fast-moving and demand-driven markets, businesses are under constant pressure to deliver value faster, cheaper, and more efficiently. To meet this challenge, supply chains must move beyond traditional forecasting and embrace Demand Planning as a strategic function — not just an operational task. This is where Sales and Operations Planning (S&OP) steps in — and at its very core lies Demand Planning.Read more
Knowledge Series – Season 2 | Episode 1: Supply Chain Strategy
In today's global business landscape, organizations face increasing pressure to be more agile, resilient, and cost-effective. At the center of this transformation lies one powerful tool: A well-defined Supply Chain Strategy. But strategy isn’t just a document—it’s a disciplined approach that connects business goals with supply capabilities, driving long-term value.Read more
Knowledge Series — Episode 6 Cost and Price Management
In the world of procurement and supply chain, knowing the difference between cost and price is not just important—it’s a game changer. This understanding shapes how we evaluate suppliers, negotiate deals, and drive value across the business. Here’s the truth: Price is what you pay. Cost is what the supplier actually incurs. When you understand the cost drivers behind the price, you gain the ability to influence, question, and optimize—not just accept. This shift is where strategic procurement begins.Read more
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