Business in brief library

Operations Techniques

Cash Management

Cash Management

Business analysts report that poor management is the main reason for business failure. This concept describes the basics of cash management and ways to maximise cash flow.

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Category Management in Purchasing and Supply Management

Category Management in Purchasing and Supply Management

The concept reviews tools and processes that can deliver value and cost savings when sourcing and purchasing. It is created to help practitioners to understand markets, analyse spend, and make better purchasing decisions.

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CEDAR Model

CEDAR Model

Giving feedback well takes thought and structure. The CEDAR model offers a simple and clear five step framework to guide feedback conversations positively and productively. It helps ensure feedback is clear, fair, collaborative, and leads to real improvement.

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Centralisation / Decentralisation

Centralisation / Decentralisation

This concept defines and describes different models of decision-making in organisations. It looks at the strengths and weaknesses of centralised and decentralised systems and provides practical examples based on real industry cases.

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Centralised/Decentralised Procurement

Centralised/Decentralised Procurement

Created to support procurement professionals in their decisions on the structure of procurement departments, the concept provides useful information on the advantages and drawbacks of both structures, as well as some implementation advice.

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Change Management

Change Management

Planned change management structures tasks across stages, helping organisations navigate complex environments. An evidence-based approach that blends research, organisational data, stakeholder input and practitioner expertise improves implementation quality (Rousseau and ten Have, 2022).

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Closed-Loop Supply Chain

Closed-Loop Supply Chain

The purpose of this concept is to review the Closed Loop Supply Chain structure and explore its characteristics, advantages and disadvantages. It also investigates the factors leading to the development of a closed-loop supply chain and offers some useful implementation information.

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Co-creation

Co-creation

Co-creation is one of the most powerful ways to engage customers and deliver unique value. Using illustrative case studies, the concept explains how companies and customers can co-construct products, services and experiences.

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Co-sourcing

Co-sourcing

Co-sourcing is advisable for processes that an organisation does not want to completely allocate to an external provider. It reviews the main characteristics, benefits and pitfalls of this type of co-outsourcing, along with some case evidence showing how some organisations had approached it.

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Coase Theorem

Coase Theorem

The concept explains one of the most influential theories in economics. It describes the fundamental principles of the theory - as well as its strengths and weaknesses - and illustrates the theory in use through various case study examples.

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Collaborative Planning, Forecasting and Replenishment

Collaborative Planning, Forecasting and Replenishment

Collaborative Planning, Forecasting and Replenishment (CPFR) is a business practice that combines the intelligence of multiple trading partners in the planning and fulfilment of customer demand. The concept describes the CPFR process model, including the major capabilities and underlying success factors.

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Collaborative Relationships in Procurement

Collaborative Relationships in Procurement

This concept reviews collaborative relationships and explored how they have evolved from transaction process-based agreements to collaborative processes based on trust and information-sharing.

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Collating and Formatting Data

Collating and Formatting Data

Before any analysis can happen, data needs to be collated from correct sources and formatted so it follows clear organisational standards. Research shows that inconsistent structures and formats make data harder to combine, process and trust (Jagadish et al., 2014). Collating and formatting ensure the dataset is clean, consistent and ready for use.

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Commissioning

Commissioning

This concept reviews commissioning and explores various factors that must be taken into account during the commissioning process.

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Commodity Strategies

Commodity Strategies

The concept reviews two categories of commodity strategies and describes their advantages and disadvantages. It also addresses implementation information and case evidence from leading companies.

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