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Supply and Supplier Management
Supplier management is the process that ensures that value is received for the money that an organization spends with its suppliers. It also enables the company to manage relationships with suppliers and overall supplier performance as well as manage supplier performance and keep accurate supplier records and information. Whereas Supply Management is a complementary discipline that encompasses the alignment of organizations, processes, and systems for strategic sourcing, contract management, supplier management, and spend analysis to continuously improve global supply for best-value performance in support of the business’s strategic objectives. At MNBEC, we strive to provide state-of-the-art Supply and Supplier Management Solutions.
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Spend Management
Spend Management is a process of collecting, collating, maintaining, categorizing, and evaluating spend data to reduce procurement costs, improve efficiency, monitor and control workflows, and regulate compliance. Spend Management effects and manages various activities across the procurement cycle. Expert consultants at MNBEC provide our clients with the best training and tools through which your company will achieve its Spend Management objectives.
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Product Cost Management
Product cost management (PCM) is a set of tools, processes, methods, and culture used by excelling firms that develop and manufacture products to ensure that they meet their profit (or cost) target. The benefits of a systematic product cost management (PCM) program are significant, yet many manufacturers struggle to implement these initiatives effectively.
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Education and Training
MNBEC provides training and education in the field of productivity improvement, production planning, business process improvement, supply chain management, etc.
