Webinar about Forecasting for Strategic Sourcing

10-26-16 01:53 PM Comment(s) By Randall Mauldin

Florida, USA – A Webinar about the steps to forecasting for strategic sourcing is being set by Dr. Randall Mauldin, CPSM, PMP this coming November 1, 2016 at exactly 4 PM EST. The webinar will help supply chain professionals, ordinary people and students to understand the importance of forecasting for strategic sourcing. The webinar will cover series of topics where you will learn the following: - Three vendor strategies to use based on supply forecasts, so you can take immediate action to remove crisis from your purchasing - How to analyze data to predict trends in price, cost, and market capacity, so you avoid sourcing crisis - How to implement strategic sourcing based on supply forecasts, so your supply chain is secure and predictable - How to communicate supply forecasts, so management makes better strategic sourcing decisions instead of tactical crisis management - Where to find data about past, current, and future conditions for your market and your vendor's market, so your forecasts are accurate. Is Strategic Sourcing Relevant? Strategic sourcing helps your company grow and it serves as a first defense of economic disturbances. Strategic sourcing deals with how your procurement team is planning on how to gain the best cost, quality and delivery of your products at the most competitive price. Strategic Sourcing is a discipline that shows the need to develop in our perpetually changing worldwide environment. The capacity to connect proficient procedures to innovation is vital. Having a comprehensive view over the association and the sourcing procedures is key for driving down cost and developing client/seller connections. Not just have business pioneers come to comprehend that their production network is the foundation of their business, it is additionally considered as an empowering influence for their business procedure. Associations are moving far from centering their production network endeavors on utilitarian magnificence to utilizing their inventory network as a strategic ability. A well-planned and enhanced supply chain generates benefits for your company. It reduces inventory levels, improves your customer service and creates a better forecast ability and market responsiveness. Developing some knowledge about supply chain sourcing will surely help your company become more globally competitive. World-class organizations perceive strategic sourcing as an esteem maker and consider it to be necessary to their general methodologies for development. About Dr. Randall Mauldin, USMC(ret), CPSM, PMP Dr. Mauldin has been creating supply chains, managing procurement, and facilitating logistics to create extraordinary value through cost savings and continuous improvement for over 20 years. From his 20 years experience in the United States Marine Corps managing all aspects of the supply chain, from procurement to logistics to customer service, Dr. Mauldin understands the value of supply chain management as a strategic part of business operations and how well you spend your money will determine your success or failure. Jack Quinn Solutions, LLC focuses on helping procurement professionals achieve the highest standard in the purchasing career field. Supply chain management is a strategic part of business operations and our training courses develop Supply Leaders who understand all aspects of supply chain management and possess the leadership skills required to implement strategic solutions with military precision and a "failure is not an option" attitude. For more information visit http://www.jackquinnsolutions.com or call 877-680-0494 or info@jqsllc.net   webinar_883_f72d935411e43f2018304b8cbcfd2ae6308914d6  
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