Generate Impact through a Proven Value Creation Process

Generate Impact through a Proven Value Creation Process 

One key success factor is that the purchasing function uses a formal value creation process (Fig. 15.3). This cannot be a mere three bids and a buy exercise. We have found that in order to be effective, the process has to  

Above all, the value creation process has to focus on the Total Cost of Ownership (TCO), not just the purchase price. The principal levers in optimizing TCO 

Checklist for alignment/quality gate C Ready for idea generation loop  

Skill level of the team has been enhanced to satisfactory level  

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Generate Impact through a Proven Value Creation Process I 191... 

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