9 posts tagged with "procurement"

Supply and Purchasing Agreement Clauses I

December 14, 2020

So, you are a buyer and received a demand, looked for new suppliers if needed, evaluated the best source of supply, negotiated the commercial conditions, registered the item properly in your system and … done? Not at all! If the item in question is classified as an "A" or "B" item on your ABC curve, the development and signing of a Supply & Purchasing agreement is essential.
A properly written contract is one that clarifies to the parties “who does what.” Ideally, the contract should be...

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If you touch it...fix it!

December 8, 2020

Regardless of the size of your company (and your department), purchasing professionals know that no matter how careful we are, there are always those processes that “fall behind,” and the reasons why are numerous: urgency, change of scope, a buyer left the company and did not finish the process, etc.
Obviously, the larger the company and the larger the purchasing area, the greater the chance of encountering these types of processes along the way. If you have already gone through an...

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What means to be a buyer?

November 20, 2020

Doctor, airplane pilot, astronaut, fireman, there are countless possibilities, but I doubt anyone has ever heard the answer, “I want to be a buyer!”
Especially in countries where the Supply Chain area has been more popular in the last few decades, education in the Purchasing area is still quite scarce and restricted. Typically, new buyers learn from more experienced buyers.
At the beginning of my purchasing career, I heard from my manager, who today is still one of my mentors, “Flavia, the...

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Better later than!

November 20, 2020

Everyone has (or had) a mother or grandmother who used to say, "If you start wrong, you'll have to do it twice." Little did I know, that many years later, during my professional life, this would be one of my most used phrases!
It is incredibly common for buyers to receive some processes they already started to "fix," and then the problem starts.
I recently received a process whose “only” missing part was the contract! People with other functions in the business contacted the supplier,...

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The famous cost breakdown

March 2, 2021

Certainly you, a purchasing professional (or Supply Chain), have heard of cost breakdown. But, why is this concept so important that even exercises related to it are often used as an elimination criterion in job interviews?
The cost structure not only allows an understanding of the material or service’s cost composition, but also guides the authorization of price adjustments when they are requested. Let’s use an example to facilitate understanding: You are responsible for the glass packaging...

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