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Showing posts from October, 2022

Sourcing Strategy for Optimum Cost Reduction

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Introduction The Sourcing Strategy is a process of data gathering, expenditure analysis, market research, negotiation, and contracting. In the 1980s, General Motors started employing systematic strategic sourcing. It strives to establish long-lasting, cooperative relationships with suppliers, who are seen as essential value partners. To ensure that the organization’s demands are consistently and effectively satisfied, the customer-supplier loop is evaluated at every point in its lifespan. Therefore, strategic sourcing is a lengthy process that requires qualified employees, effective technology platforms, and tools for execution. Strategic Sourcing is becoming more common as digital transformation changes supply chain and procurement procedures. Analyzing what an organization buys, from whom, for what price, and in what quantity is required. The primary justification for purchasing a strategic sourcing suite, according to Gartner’s Magic Quadrant, is to transform sourcing within the com...
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  Investor Profiling for a Strategic Fund Raise Introduction           An Investor Profiling summarizes an investor’s financial goals, situation, time horizon, and risk tolerance. It can assist individuals in making appropriate investment decisions. How much risk one should be willing to assume is determined by an investor profile. For example, a more conservative portfolio may be suitable if someone needs to preserve their money and have a short time horizon. If someone wants to expand their monetary liquid asset (cash) and has a longer time horizon, a more aggressive equity-based portfolio may be appropriate. The most essential quality of an investor is temperament, not intellect quoted to Warren Buffett. The first step in creating a wealth plan is to analyze the ability to take financial risks. Risk tolerance is determined by duties, objectives, personality, and various other factors. A risk profile is created to accurately under...
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  Due Diligence for Private Equity- An Advanced Guard to PE transactions!! Introduction Before committing funds to private markets, due diligence for private equity outlines a potential investor’s procedure for evaluating an investment fund’s appeal, value, financial sustainability, and prospects. It is often performed by analysts and such specialists and includes gathering and processing information about a fund’s historical investment record, finances, and other aspects. A limited partnership’s decision to contribute capital to a fund is based on the findings of the due diligence process. Institutional investors often use sophisticated due diligence methods for all their public or private transactions, but due diligence in the private market presents different obstacles. Challenges faced in Due Diligence for Private Equity Although all due diligence processes have basic features, due diligence for private equity processes has obstacles which are explained below: Challenges faced ...
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  Category Intelligence- Maximizing value, efficiency, innovation & quality! The Importance of Procurement In any organization, the procurement department plays a vital role in the successful development of a product. The procurement department, whether related to the fast-moving consumer goods industry or retail, generally refers to the procurement of raw materials. However, the procurement department can be associated either with business continuity activities such as inventory purchasing or for business support like that done for the Information technology department. It is therefore evident that this resource needs effective management. This is where category management comes into play. According to a study, companies that have  successful category management programs have a mean lead supplier time of only 6 days vis a vis the normal time of 14 days. Some key points associated with the global markets that are to be noted here are: -Transportation and logistics activiti...