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What Is MRO Procurement Strategy And How Can You Benefit?

Paragon Results can help to increase the productivity of a factory or manufacturing plant, decrease overall costs and minimize downtime when equipment breaks or needs updating. We can provide your organization with the expertise to develop and implement a carefully crafted MRO procurement strategy that will help you gain control of costs, maintain compliance and standardize your purchasing procedures. By facilitating transparency, our MRO sourcing consultants can increase indirect spend visibility, identify areas of waste and remove weak links in your supply chain. Contact us to learn more about our strategy: https://paragonresults.com/

#Supplier Diversity Consultants #executive coaching services #mro procurement strategy #procurement and supply chain management #strategic sourcing solution #Youtube

[antonioporterue]

Supplier Diversity Consultants Can Play A Major Role To Your Bottom Line

Paragon Results have been interested in diversity in supply chains and how it can support business growth and widen the availability of products and services for many years from a consumer perspective. Across all industries, multiple studies and statistics show that embracing supplier diversity consultants not only benefits you as the owner of these diverse businesses but plainly indicates a big difference in your brand reputation and your bottom line. Are you looking to understand what sustainable profit means for their organizations? Supplier diversity consultants like us can play a major role. Connect with us: https://paragonresults.com/

#Supplier Diversity Consultants #executive coaching services #mro procurement strategy #procurement and supply chain management #strategic sourcing solution #Youtube

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Procurement And Supply Chain Management – Why is it The Back Bone Of Every Organization

As a group of highly experienced management consultants with specialties in procurement and supply chain management, Paragon Results have a history of serving and delivering results to Fortune 1000 companies across a broad range of industries. Our team is dynamic, informed and prides itself in both leading and/or supporting programs, adapting to the client’s situation. We are professional, thoughtful and bring a strong sense of camaraderie and team-work. To know more about our course’s impact on your value chain, get in touch: https://paragonresults.com/

#Supplier Diversity Consultants #executive coaching services #mro procurement strategy #procurement and supply chain management #strategic sourcing solution #Youtube

[antonioporterue]

What Is MRO Procurement Strategy And How Can You Benefit?

Paragon Results can help to increase the productivity of a factory or manufacturing plant, decrease overall costs and minimize downtime when equipment breaks or needs updating. We can provide your organization with the expertise to develop and implement a carefully crafted MRO procurement strategy that will help you gain control of costs, maintain compliance and standardize your purchasing procedures. By facilitating transparency, our MRO sourcing consultants can increase indirect spend visibility, identify areas of waste and remove weak links in your supply chain. Contact us to learn more about our strategy: https://paragonresults.com/

#Supplier Diversity Consultants #executive coaching services #mro procurement strategy #procurement and supply chain management #strategic sourcing solution

[antonioporterue]

Procurement And Supply Chain Management – Why is it The Back Bone Of Every Organization

As a group of highly experienced management consultants with specialties in procurement and supply chain management, Paragon Results have a history of serving and delivering results to Fortune 1000 companies across a broad range of industries. Our team is dynamic, informed and prides itself in both leading and/or supporting programs, adapting to the client’s situation. We are professional, thoughtful and bring a strong sense of camaraderie and team-work. To know more about our course’s impact on your value chain, get in touch: https://paragonresults.com/

#Supplier Diversity Consultants #executive coaching services #mro procurement strategy #procurement and supply chain management #strategic sourcing solution

[antonioporterue]

Supplier Diversity Consultants Can Play A Major Role To Your Bottom Line

Paragon Results have been interested in diversity in supply chains and how it can support business growth and widen the availability of products and services for many years from a consumer perspective. Across all industries, multiple studies and statistics show that embracing supplier diversity consultants not only benefits you as the owner of these diverse businesses but plainly indicates a big difference in your brand reputation and your bottom line. Are you looking to understand what sustainable profit means for their organizations? Supplier diversity consultants like us can play a major role. Connect with us: https://paragonresults.com/

#Supplier Diversity Consultants #MRO Procurement Strategy #procurement and supply chain management #strategic sourcing solution #executive coaching services

[antonioporterue]

What Is MRO Procurement Strategy And How Can You Benefit?

Paragon Results can help to increase the productivity of a factory or manufacturing plant, decrease overall costs and minimize downtime when equipment breaks or needs updating. We can provide your organization with the expertise to develop and implement a carefully crafted MRO procurement strategy that will help you gain control of costs, maintain compliance and standardize your purchasing procedures. By facilitating transparency, our MRO sourcing consultants can increase indirect spend visibility, identify areas of waste and remove weak links in your supply chain. Contact us to learn more about our strategy: https://paragonresults.com/

#Supplier Diversity Consultants #MRO Procurement Strategy #Procurement and Supply Chain Management #Executive Coaching Services #Strategic Sourcing Solution

[antonioporterue]

Supplier Diversity Consultants Can Play A Major Role To Your Bottom Line

Paragon Results have been interested in diversity in supply chains and how it can support business growth and widen the availability of products and services for many years from a consumer perspective. Across all industries, multiple studies and statistics show that embracing supplier diversity consultants not only benefits you as the owner of these diverse businesses but plainly indicates a big difference in your brand reputation and your bottom line. Are you looking to understand what sustainable profit means for their organizations? Supplier diversity consultants like us can play a major role. Connect with us: https://paragonresults.com/

#Supplier Diversity Consultants #MRO Procurement Strategy #Procurement and Supply Chain Management #Executive Coaching Services #Strategic Sourcing Solution

[antonioporterue]

Procurement And Supply Chain Management – Why is it The Back Bone Of Every Organization

As a group of highly experienced management consultants with specialties in procurement and supply chain management, Paragon Results have a history of serving and delivering results to Fortune 1000 companies across a broad range of industries. Our team is dynamic, informed and prides itself in both leading and/or supporting programs, adapting to the client’s situation. We are professional, thoughtful and bring a strong sense of camaraderie and team-work. To know more about our course’s impact on your value chain, get in touch: https://paragonresults.com/

#Supplier Diversity Consultants #MRO Procurement Strategy #Procurement and Supply Chain Management #Executive Coaching Services #Strategic Sourcing Solution

[antonioporterue]

Procurement And Supply Chain Management – Why is it The Back Bone Of Every Organization

In today’s world of economic evolvement, almost every organization is under pressure to cut costs from wherever possible. Procurement has a huge impact on the profitability of the organization, and so, is in prime focus for reducing spends.

Before we actually start reducing the cost, there is need for awareness, analysis, acceptance and acknowledgement for the willingness to change and implement accordingly. Reducing cost involves strategic changes, process changes, procurement and supply chain management within the organization.

Do you know what are the risks involved in supply chain management? Can you spot these risk and device strategies to mitigate them? Have you identified the tools and techniques to mitigate these risks? Why is it so important to have a contingency plan in place, you ask? Here’s why. Supply chain is the backbone of an organization that ensures smooth process flow, regular procurement schedule, optimum inventory levels, timely delivery and helps balance the demand-supply factors.

Consequently, an increasing number of global companies are seeking solutions on how to assess and manage these risks, and make their procurement and supply chains risk ready. It is important to know as to which precautionary measures are needed, and how much do they differ from industry to industry.

As a group of highly experienced management consultants with specialties in procurement and supply chain management, Paragon Results have a history of serving and delivering results to Fortune 1000 companies across a broad range of industries. Our team is dynamic, informed and prides itself in both leading and/or supporting programs, adapting to the client’s situation. We are professional, thoughtful and bring a strong sense of camaraderie and team-work.

Our course on procurement and supply chain management includes:

Typical procurement activities will be described from the make-or-buy decision to contract award to contract closure.

The key elements that should be included in a procurement management plan will be presented along with the stages of contract negotiations.

The courses will review key contract terminology, selection criteria and the key elements of a contract; including variations of fixed price, cost reimbursable, time and material.

Selecting the correct contract type and dealing with contract risks will also be covered.

The courses include multiple exercises to allow delegates to practice the course concepts.

To know more about our course’s impact on your value chain, get in touch.

#Supplier Diversity Consultants #MRO Procurement Strategy #Procurement and Supply Chain Management #Executive Coaching Services #Strategic Sourcing Solution

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What Is MRO Procurement Strategy And How Can You Benefit?

Everything you might need for run of the mill maintenance, repairs, and operations.

MRO procurement strategy and best practices help a business consolidate MRO data and retain appropriate MRO supplies to keep the operations running smoothly. Although, the perfect procurement process is a myth, optimising supply chain, managing supplier relationships, digitalization, and improving procurement efficiency from time to time after evaluating the efficacy of current processes brings goodness.

While indirect spend are mission critical to production reliability and facilities management, even the most sophisticated procurement organizations are only managing half of their indirect spend at best. This is because there are hundreds of subcategories of indirect and tail spend, each with nuanced characteristics, which hundreds of individual buyers spread across the organization are purchasing!

As an example, here are a few items you should include on your MRO:

Spare parts for manufacturing equipment, i.e. pumps, belts, valves; 

Repair tools or equipment for on-going or scheduled interventions;

Consumables, i.e. lubricants, sealants, gloves, batteries, protection gear, paper;

Safety equipment, i.e. fire extinguishers, carbon monoxide detectors.

We do a thorough analysis of several key elements, before developing and implementing a MRO procurement strategy. Some of the aspects we consider are:

Who are the critical and/or high-risk suppliers?

Which parts are single source, and critical?

Are the buying prices among the best in the market?

Which suppliers contribute most to the cost of poor quality?

How has supplier performance been on other parameters like on-time delivery?

What are the supply chain risks the organisation is exposed to?

Root cause analysis of production stoppages

Included in our MRO procurement strategy is:

Improving vendor management

Reducing redundancies

Developing a base of preferred suppliers

Finding ways to minimize the need for unplanned or on-the-spot purchases, such as when a piece of equipment goes down

Paragon Results can help to increase the productivity of a factory or manufacturing plant, decrease overall costs and minimize downtime when equipment breaks or needs updating.

We can provide your organization with the expertise to develop and implement a carefully crafted MRO procurement strategy that will help you gain control of costs, maintain compliance and standardize your purchasing procedures. By facilitating transparency, our MRO sourcing consultants can increase indirect spend visibility, identify areas of waste and remove weak links in your supply chain.

Contact us to learn more about our strategy.

#Supplier Diversity Consultants #MRO Procurement Strategy #Procurement and Supply Chain Management #Executive Coaching Services #Strategic Sourcing Solution

[antonioporterue]

Supplier Diversity Consultants Can Play A Major Role To Your Bottom Line

Supplier Diversity policy is to identify and actively develop diverse businesses, including vendors, contractors, and consultants, as sources for purchasing goods and services.

Paragon Results have been interested in diversity in supply chains and how it can support business growth and widen the availability of products and services for many years from a consumer perspective.

Across all industries, multiple studies and statistics show that embracing supplier diversity consultants not only benefits you as the owner of these diverse businesses but plainly indicates a big difference in your brand reputation and your bottom line.

We encourage the use of minority-owned, women owned, veteran owned, LGBT-owned, service disabled veteran owned, historically underutilized business, and Small Business Administration-defined small business concerns as suppliers. 

At the heart of it....it's our people. we are made up of a diverse group of people who care about what they do.

Having a diverse supplier base enables a company to serve its consumers to the fullest extent possible. Companies that combine supplier diversity consultant with their best-in-class diversity and inclusion programs have a competitive advantage, win new business, retain customers, and reinforce their brand around the world. Smaller to mid-sized companies are already joining sourcing and procurement associations & consultants to expand their supplier reach and to identify businesses to engage with. With this association we assist in gathering data, which supports making supplier selection and reporting more manageable. Aside from these moral and ethical arguments, there are sound commercial reasons for partnering with supplier diversity consultants.

We believe diversity is a journey, not an event. Individuals learn to be more self-aware as new information about blind spots is discussed and coached. You grow over time to learn new diversity, inclusion, equity, and belonging skills and these processes are embedded into the enterprise. A new and improved culture evolves and creates sustainable company value for all stakeholders.

provide the on-demand resources and expertise to support companies in refining an existing program, or begin a new diversity spend program. We understand the complexities of diversity spend across industries and regulatory environments, and can help you make the best decisions around governance, roles and responsibilities, process, and technology to unlock Diverse Supplier Value.

Are you looking to understand what sustainable profit means for their organizations?  Supplier diversity consultants like us can play a major role. Connect with us.

#Supplier Diversity Consultants #MRO Procurement Strategy #Procurement and Supply Chain Management #Executive Coaching Services #Strategic Sourcing Solution