NOTICE: We've just migrated our servers. If you experience any unexpected behavior, please let us know by email: support@flevy.com. Thank you!

Best Practices in Direct Material Procurement   49-slide PPT PowerPoint presentation slide deck (PPT)
$49.99

Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Log in to unlock full preview.
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Best Practices in Direct Material Procurement (49-slide PPT PowerPoint presentation slide deck (PPT)) Preview Image
Arrow   Click main image to view in full screen.

Best Practices in Direct Material Procurement (PowerPoint PPT Slide Deck)

PowerPoint (PPT) 49 Slides

Top 1,000 Best Practice $49.99
Explore best practices in Direct Material Procurement with insights from a leading global strategy consulting firm. Enhance supplier relationships and optimize costs.
Add to Cart
  


Immediate download
Free lifetime updates

DESCRIPTION

This product (Best Practices in Direct Material Procurement) is a 49-slide PPT PowerPoint presentation slide deck (PPT), which you can download immediately upon purchase.

This PowerPoint presentation identifies some key findings regarding Direct Material Procurement and Sourcing:

•  Key success criteria of direct procurement are on-time delivery and high-quality, not low costs
•  To achieve this, close relationships with the suppliers are necessary that need to be built up from the early product development phase onwards
•  However, relationships with direct material suppliers are complex and hence not obvious to handle
•  Direct material procurement begins with the early stage of product development and is of strategic importance throughout the product lifecycle
•  OEMs select, monitor and control suppliers beyond their first tier suppliers and focus besides contract manufacturers in particular on core component manufacturers
•  Throughout the production phase an open exchange of information with suppliers is the key success factor to manage the supply chain

Organizations engage in Direct Material Procurement initiatives for a variety of reasons—foremost, being realizing significant cost reductions. Direct Material Sourcing is often a significant expense for organizations and engaging in Procurement Transformation can help reduce costs through negotiation, supplier consolidation, and procurement process optimization. Additionally, these efforts can provide the benefits of improved supplier relationships, risk management, innovation, strategic alignment, and sustainable procurement.

This presentation delves into the advantages of direct procurement and explain how to manage direct procurement effectively. It also delineates a number of B2B solutions; as well as provides several best practice industry examples in great depth and shows why we need to have a Procurement Strategy first.

The detailed case study breaks down the 7-phase procurement process that drives successful Procurement Transformation:

1. Procurement Strategy Design
2. Supplier Selection
3. Material Specification
4. Forecasting
5. Procurement
6. Fulfillment
7. Supplier Development

This PowerPoint presentation was developed by a leading global strategy consulting firm. With clear, concise, yet detailed information and engaging business visuals, this presentation is the optimal resource for procurement and sourcing specialists looking to optimize their Direct Procurement Strategies. These direct procurement best practices can be used to manage costs and develop competitive advantages.

The presentation highlights the importance of accurate forecasting and transparency in supply chains to ensure timely delivery and high-quality standards. It also emphasizes the need for integrated procurement solutions and intimate supplier networks to reduce costs and enhance supplier relationships.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Procurement Strategy, Sourcing Strategy, Strategic Sourcing PowerPoint Slides: Best Practices in Direct Material Procurement PowerPoint (PPT) Presentation Slide Deck, Documents & Files


$49.99
Explore best practices in Direct Material Procurement with insights from a leading global strategy consulting firm. Enhance supplier relationships and optimize costs.
Add to Cart
  

ABOUT THE AUTHOR

Additional documents from author: 130

Ask the Author a Question

Must be logged in

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials

 
"I have found Flevy to be an amazing resource and library of useful presentations for lean sigma, change management and so many other topics. This has reduced the time I need to spend on preparing for my performance consultation. The library is easily accessible and updates are regularly provided. A wealth of great information."

– Cynthia Howard RN, PhD, Executive Coach at Ei Leadership
 
"As a consultant requiring up to date and professional material that will be of value and use to my clients, I find Flevy a very reliable resource.

The variety and quality of material available through Flevy offers a very useful and commanding source for information. Using Flevy saves me time, enhances my expertise and ends up being a good decision."

– Dennis Gershowitz, Principal at DG Associates
 
"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I "

– M. E., Chief Commercial Officer, International Logistics Service Provider
 
"[Flevy] produces some great work that has been/continues to be of immense help not only to myself, but as I seek to provide professional services to my clients, it gives me a large "tool box" of resources that are critical to provide them with the quality of service and outcomes they are expecting."

– Royston Knowles, Executive with 50+ Years of Board Level Experience
 
"FlevyPro provides business frameworks from many of the global giants in management consulting that allow you to provide best in class solutions for your clients."

– David Harris, Managing Director at Futures Strategy
 
"One of the great discoveries that I have made for my business is the Flevy library of training materials.

As a Lean Transformation Expert, I am always making presentations to clients on a variety of topics: Training, Transformation, Total Productive Maintenance, Culture, Coaching, Tools, Leadership Behavior, etc. Flevy "

– Ed Kemmerling, Senior Lean Transformation Expert at PMG
 
"I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."

– Moritz Bernhoerster, Global Sourcing Director at Fortune 500
 
"Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.

Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.

In today's environment where there are so "

– Omar Hernán Montes Parra, CEO at Quantum SFE


Your Recently Viewed Documents

Customers Also Bought These Documents


Customers Also Like These Documents

Related Management Topics


Procurement Strategy Cost Reduction Assessment Supplier Negotiations KPI Supplier Management Negotiations Digital Transformation Customer Experience Business Transformation Cyber Security Mobile Strategy Strategic Planning Operational Excellence Hoshin Kanri Strategy Deployment & Execution Business Case Development Financial Modeling Business Case Example Value Chain Analysis Performance Management Strategy Development Goal Setting Sales Breakout Strategy Growth Strategy Supply Chain Analysis Warehouse Management Inventory Management

Receive our FREE presentation on Operational Excellence

This 50-slide presentation provides a high-level introduction to the 4 Building Blocks of Operational Excellence. Achieving OpEx requires the implementation of a Business Execution System that integrates these 4 building blocks.