What Are Your Strategic Sourcing Goals?
Ask anyone in procurement "What is the goal of strategic sourcing?" and their reply is likely to include the phrase "to save money." And that is commonly the #1 goal of strategic sourcing. But it's problematic when procurement departments treat it as the only goal.
For sourcing to be truly strategic, it must accomplish more than just saving money. It must bring value to the organization in many other ways. Here are four goals commonly missing from strategic sourcing initiatives:
Goal #2: To reduce risk. The international news constantly reminds us that natural disasters, political upheavals, and other events make doing business exclusively in certain parts of the world a risky approach. Strategic sourcing should enable you to sustain continuity of supply in the face of unexpected disruption to the operations of one or more suppliers.
Goal #3: To improve supplier performance. Reducing the unit price you pay on purchase orders is nice, but it is meaningless if your organization has to deal with frequent late deliveries, an unacceptable number of quality defects, and poor supplier service. Strategic sourcing is only truly successful when you achieve both cost reduction and an improvement in supplier performance.
Goal #4: To bring in innovations from the supply base.
In today's competitive business environment, organizations need a constant flow of innovative ideas in order to keep their competitors from stealing their market share. Suppliers can be a great source of innovative ideas and a good strategic sourcing process will ensure that the flow of such ideas is facilitated.
Goal #5: To support the organization's social responsibility goals. Today's organizations support diversity, environmental responsibility, and other philanthropic goals. Decisions made as part of strategic sourcing should consciously help move the organization towards those goals and not away from them.
So, as you can see, saving money is not THE goal of strategic sourcing. It is one of several important goals.
Thursday, June 9, 2011
Army or Alcohol ???
Do you remember Major Sandeep Unnikrishnan, the Malayali army commando officer who sacrificed his life to save Mumbai from the terrorist attacks ? His bravery will remain unsurpassed.
The Kerala Govt., headed by Shri VS Achuthanandan awarded Rs. 3 lakhs to the family of Maj Sandeep Unnikrishnan. The same govt., headed by the same Chief Minister, donated Rs.5 lakhs to the victims of the recent Malappuram Liquor tragedy.
Now you decide - what should a youngster do??...To join Army & die for the Nation ?? ....
or die by consuming illicit liquor ???
I think the bottommost line is a much better option !!!!!!!!
The Kerala Govt., headed by Shri VS Achuthanandan awarded Rs. 3 lakhs to the family of Maj Sandeep Unnikrishnan. The same govt., headed by the same Chief Minister, donated Rs.5 lakhs to the victims of the recent Malappuram Liquor tragedy.
Now you decide - what should a youngster do??...To join Army & die for the Nation ?? ....
or die by consuming illicit liquor ???
I think the bottommost line is a much better option !!!!!!!!
Free time reading
Why do we sometimes write 'etc' at the end in the exam?
bcoz it means...
E-End of
T-thinking
C-capacity.
-----------------------------------------
How to Create d Biggest Doubt in ur Wife's Mind 4 u?
?
?
?
?
?
Just Suddenly send her SMS Saying..
"I Luv u too"
.
.
GAME OVER.!
-----------------------------------------
When do you knw ur in love?
Ans. When you start searching for the cheapest mobile plan
-----------------------------------------
Wht is the Diff b/w
Young Age & Old Age?
*
Simple..
In Young Age
Phone Is Full Of Darlings Numbers..
In Old Age
Its Full of Doctors Numbers..!-
-----------------------------------------
"Why is Facebook such a hit?
It works on the principle that-
'People are more interested in others life than their own-!
-----------------------------------------
A Ques Asked In A Talent Test:
If You Are Married To 1 Of The Twin Sisters, How wud You Recognize Your WIFE?
The Best Answer
- Why d Hell Should I recognise?
-----------------------------------------
V Pronounce 22 as TwentyTwo, 33 as Thirty Three,
44 as FortyFour,
55 as FiftyFive, Why not 11 as OnetyOne?
Doubt By last bench asociation...
-----------------------------------------
What is the diff.between"GHAZAL" &"LECTURE"?Every word spoken by the girlfriend is "GHAZAL"andEvery word spoken by wife is "LECTURE"
-----------------------------------------
Wats d diff btwn Pongal n idly?think.think..think...U ll get a holiday for pongal but not for idly.
----------------------------------------
What will be the girl's name born on 1st of APRIL? Guess Guess Guess Guess "FOOLAN DEVI..
-----------------------------------------
Why does d bride & groom xchange garlands at d time of wedding..... B'coz they say each affectionately that : "DARLING NOW U R DEAD"...........
-----------------------------------------
What is the height of confusion? Two earth worms Playing HIDE AND SEEK in a Plate full of noodles.
-----------------------------------------
Wat is d Biggest Benefit of having a crush in d same college where u study ?
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
100% Attendence... :-P
-----------------------------------------
QUES - Where can u see mangoes? On mango trees? NO.At fruit shop? WRONG AGAIN....Fir kaha?
ANS - Jaha jaha women go,piche piche Man(goes).
-----------------------------------------
-----------------------------------------
Teacher: What Is The Differnce HIMAMI
&
SUNAMI ?
Tintu: HIMAMI is Face Wash,
SUNAMI is Total Wash.!
-----------------------------------------
Difference between Friend & Wife
U can Tell ur Friend
U r my Best Friend
But
Do u have courage tell to ur Wife
U r my Best Wife?
-----------------------------------------
bcoz it means...
E-End of
T-thinking
C-capacity.
-----------------------------------------
How to Create d Biggest Doubt in ur Wife's Mind 4 u?
?
?
?
?
?
Just Suddenly send her SMS Saying..
"I Luv u too"
.
.
GAME OVER.!
-----------------------------------------
When do you knw ur in love?
Ans. When you start searching for the cheapest mobile plan
-----------------------------------------
Wht is the Diff b/w
Young Age & Old Age?
*
Simple..
In Young Age
Phone Is Full Of Darlings Numbers..
In Old Age
Its Full of Doctors Numbers..!-
-----------------------------------------
"Why is Facebook such a hit?
It works on the principle that-
'People are more interested in others life than their own-!
-----------------------------------------
A Ques Asked In A Talent Test:
If You Are Married To 1 Of The Twin Sisters, How wud You Recognize Your WIFE?
The Best Answer
- Why d Hell Should I recognise?
-----------------------------------------
V Pronounce 22 as TwentyTwo, 33 as Thirty Three,
44 as FortyFour,
55 as FiftyFive, Why not 11 as OnetyOne?
Doubt By last bench asociation...
-----------------------------------------
What is the diff.between"GHAZAL" &"LECTURE"?Every word spoken by the girlfriend is "GHAZAL"andEvery word spoken by wife is "LECTURE"
-----------------------------------------
Wats d diff btwn Pongal n idly?think.think..think...U ll get a holiday for pongal but not for idly.
----------------------------------------
What will be the girl's name born on 1st of APRIL? Guess Guess Guess Guess "FOOLAN DEVI..
-----------------------------------------
Why does d bride & groom xchange garlands at d time of wedding..... B'coz they say each affectionately that : "DARLING NOW U R DEAD"...........
-----------------------------------------
What is the height of confusion? Two earth worms Playing HIDE AND SEEK in a Plate full of noodles.
-----------------------------------------
Wat is d Biggest Benefit of having a crush in d same college where u study ?
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
100% Attendence... :-P
-----------------------------------------
QUES - Where can u see mangoes? On mango trees? NO.At fruit shop? WRONG AGAIN....Fir kaha?
ANS - Jaha jaha women go,piche piche Man(goes).
-----------------------------------------
-----------------------------------------
Teacher: What Is The Differnce HIMAMI
&
SUNAMI ?
Tintu: HIMAMI is Face Wash,
SUNAMI is Total Wash.!
-----------------------------------------
Difference between Friend & Wife
U can Tell ur Friend
U r my Best Friend
But
Do u have courage tell to ur Wife
U r my Best Wife?
-----------------------------------------
Wednesday, February 23, 2011
Why Parsis are the Best Lovers.
Why Parsis Are the Best Lovers
An Italian, Frenchman and a Parsi were drinking at a bar, discussing what they had done the previous evening.
The Italian says: "Last night I massaged my wife all over her body with the finest olive oil, then we made passionate love and I made her scream nonstop for five minutes."
The Frenchman says: "Last night I massaged my wife all over her body with a special aphrodisiac oil, then we made passionate love. I made her scream for fifteen minutes straight."
The Parsi says: "That's nothing. Last night I massaged my wife all over her body with Amul butter. I caressed her entire body with the butter, then made love and I made her scream for two long hours."
The Italian and Frenchman, astonished, asked, "Two hours, phenomenal! What did you do to make her scream for two hours??
Parsi: "I wiped my hands on the curtains!!!!"
An Italian, Frenchman and a Parsi were drinking at a bar, discussing what they had done the previous evening.
The Italian says: "Last night I massaged my wife all over her body with the finest olive oil, then we made passionate love and I made her scream nonstop for five minutes."
The Frenchman says: "Last night I massaged my wife all over her body with a special aphrodisiac oil, then we made passionate love. I made her scream for fifteen minutes straight."
The Parsi says: "That's nothing. Last night I massaged my wife all over her body with Amul butter. I caressed her entire body with the butter, then made love and I made her scream for two long hours."
The Italian and Frenchman, astonished, asked, "Two hours, phenomenal! What did you do to make her scream for two hours??
Parsi: "I wiped my hands on the curtains!!!!"
Meaning of the Cars
Who said car names don't have a meaning?
BMW Brings Me Women
FIAT Failure in Italian Automotive Technology
FORD For Only Rough Drivers
HYUNDAI Hope You Understand Nothing's Drivable AndInexpensive. ...
VOLVO Very Odd Looking Vehicular Object
PORSCHE Proof Of Rich Spoiled Children Having Everything
KIA Kills In Accidents
OPEL Old People Enjoying Life
TOYOTA The One You Only Trust, Always
GOLF/GTI Girls Only Love Fun / Get Them Inside
HONDA Hanged Over, Now Driving Away
BMW Brings Me Women
FIAT Failure in Italian Automotive Technology
FORD For Only Rough Drivers
HYUNDAI Hope You Understand Nothing's Drivable AndInexpensive. ...
VOLVO Very Odd Looking Vehicular Object
PORSCHE Proof Of Rich Spoiled Children Having Everything
KIA Kills In Accidents
OPEL Old People Enjoying Life
TOYOTA The One You Only Trust, Always
GOLF/GTI Girls Only Love Fun / Get Them Inside
HONDA Hanged Over, Now Driving Away
More of Rajinikath
MORE OF RAJNIKANT…….
Once upon a time Rajnikanth used a tooth powder to get strong
teeth….. . . . . . . . . today that powder is used as AMBUJA CEMENT
Once Rajnikanth was playing Cricket and Rain Stopped due to Heavy Play
Once Rajnikanth gone for a walk and after one hour police arrested him
u know why
He reached USA and having No Visa with him
Rajnikanth was practicing for spelling test. The rough sheet he used is
today known as the oxford dictionary!!
Hrithik tried to participate in a dance competition with Rajnikanth.
Result: He is in a wheel chair in Gujarish.
Rajnikanth was once told to choose 3 subjects when he got admission in
jr.college……………. He chose science, arts and commerce!!!!!!!
Rajnikanth can make calls from his iPod to his iPad…!!!
One nite, while asleep, Rajnikanth was mumbling some random numbrs...
Thats
how the Log table was invented.
One day Rajnikanth bunked school. Since then it is known as Sunday
Once Rajnikanth was on the hot seat of KBC....
And the computer needed lifeline to choose the question. Mind it!
Micheal Jordan to Rajini: I can spin a ball on my finger for over two
hours. Can you?
Rajini: Rascala, how do you think the earth spins!?
Roger Federer: I know everything about tennis. You can ask me anything.
Rajnikanth: Ok. Tell me, how many holes are there in the NET??
All scientists failed to answer this but rajnikanth did…
Ques: Which liquid turns solid on heating?
Rajni: DHOSA..
Once upon a time Rajnikanth used a tooth powder to get strong
teeth….. . . . . . . . . today that powder is used as AMBUJA CEMENT
Once Rajnikanth was playing Cricket and Rain Stopped due to Heavy Play
Once Rajnikanth gone for a walk and after one hour police arrested him
u know why
He reached USA and having No Visa with him
Rajnikanth was practicing for spelling test. The rough sheet he used is
today known as the oxford dictionary!!
Hrithik tried to participate in a dance competition with Rajnikanth.
Result: He is in a wheel chair in Gujarish.
Rajnikanth was once told to choose 3 subjects when he got admission in
jr.college……………. He chose science, arts and commerce!!!!!!!
Rajnikanth can make calls from his iPod to his iPad…!!!
One nite, while asleep, Rajnikanth was mumbling some random numbrs...
Thats
how the Log table was invented.
One day Rajnikanth bunked school. Since then it is known as Sunday
Once Rajnikanth was on the hot seat of KBC....
And the computer needed lifeline to choose the question. Mind it!
Micheal Jordan to Rajini: I can spin a ball on my finger for over two
hours. Can you?
Rajini: Rascala, how do you think the earth spins!?
Roger Federer: I know everything about tennis. You can ask me anything.
Rajnikanth: Ok. Tell me, how many holes are there in the NET??
All scientists failed to answer this but rajnikanth did…
Ques: Which liquid turns solid on heating?
Rajni: DHOSA..
Wednesday, February 24, 2010
DID YOU EVER THINK LIKE THIS!!!
Do you know?
a human body can bear only upto 45 Del (unit) of pain. But at the time of giving birth, a woman feels upto 57 Del of Pain. This is similar to 20 bones getting fractured at a time!!!! LOVE UR MOM... God couldn't be everywhere and therefore he made Mothers...
a human body can bear only upto 45 Del (unit) of pain. But at the time of giving birth, a woman feels upto 57 Del of Pain. This is similar to 20 bones getting fractured at a time!!!! LOVE UR MOM... God couldn't be everywhere and therefore he made Mothers...
"DON'T TELL ME THE SKY IS THE LIMIT, THERE ARE FOOTPRINTS ON THE MOON"
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