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E3 Newsletter: November/December 2017

Table of Contents

Vol. 5, No. 6
November/December 2017

Features

 

Beyond Cost Savings

Procurement can demonstrate its value to a company through supplier, finance and revenue-enhancement strategies.

By Jose Verdejo Sanjuan and Apollon Fanzeres, C.P.M.

 

Inquire Your Suppliers

Fact-finding and conversation-starting queries are an important element of successful supply management.

By Sriram Narayanan, Ph.D., MBA, and Joe Sandor, MBA

 

Why Ask Why?

Asking the right questions enables us to gain insight, innovate and achieve success.

By Sarah Scudder

 

Departments

 

E3 Metric: Inventory Turnover Ratio

This analytic measures how frequently a company transfers a product from warehouse to consumer.

By Dan Zeiger

 

CPSM Questions

In every edition, E3 offers three sample questions — and answers — from the CPSM® Diagnostic Practice Exam to help you work toward achieving CPSM® certification. First, answer all three questions; then, scroll down to the answers section to find out how you fared.