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Here are my all time favourite 6 ideas that have kept me hooked since 3 years!
The Procurement CoEs are going to define Procurement Tech Landscape and its easy to either be driven by marketing hypes in Procurement...
Gaurav Sharma
Jun 14, 20242 min read
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Be Smart and Avoid Big Digitization Projects in 2024!!
It’s 2024, and if you are just starting up with your Procurement Digitization journey, you are in a much better position than companies...
Gaurav Sharma
Apr 15, 20242 min read
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2024: Year Of Index Costing + Pricing Collars in Commodity Procurement?
In my last post, I talked about basics of Index based costing model in 2024.Today, I want to build on the basics and introduce a concept...
Gaurav Sharma
Apr 12, 20242 min read
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5 Lessons Learnt During Making of First Procurement Data Scientist
I started my journey of what eventually we would summarize as “Procurement Data Scientist”. Interestingly, I found some nuggets while...
Gaurav Sharma
Apr 7, 20243 min read
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PART 2 : 2024 Key Events Notes and Actions to Take : A Guide for Procurement Category Managers and CPOs
2024 Key Events Notes and Actions to Take (Part 2): Previously, I spoke about - Commodity Price Slowdowns - Consulting World Shakeup -...
Gaurav Sharma
Jan 11, 20242 min read
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Top 4 Things to do in Procurement to finish Q4 on High Impact Mode
Top 4 things that I will DO in Q4 to create a HIGH IMPACT in Procurement organization: 1) Costs Management: Are you able to rejig your...
Gaurav Sharma
Dec 19, 20232 min read
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Nike has an over inventory problem and why this is an opportunity for you to negotiate better
Nike has an over-inventory problem, and other retailers should be worried too!What's going on:Nike's inventory rise is not an isolated...
Gaurav Sharma
Dec 19, 20232 min read
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My Selfish post! Make sure your Procurement Ops are painless, and you should enforce no admin work
In summary #01 - Avoid PowerPoint presentations. Your teams are spending too much time on Powerpoint visualizations. You need decisions...
Gaurav Sharma
Dec 18, 20231 min read
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Move beyond Pareto Principle! Check out Price law!
We all have heard about the Pareto principle or the 80/20 rule. However, a bit more effective rule is the Price law. I use this rule (and...
Gaurav Sharma
Dec 18, 20231 min read
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