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The Best of PurchTips 2010

PurchTips - Edition # 220

By Charles Dominick, SPSM, SPSM2


What Has PurchTips Taught You This Year?

The end of the year is always a good time for reflecting on what you learned in the past 12 months and what you can do better in the coming year. Therefore, I am going to start a new annual tradition and make the last PurchTips of the year a "Best Of" edition.

Whether you are a new subscriber and missed earlier editions or you're a long-time subscriber interested in refreshing your memory on the valuable things you've already learned, I think that the following articles are worth another look:

How To Use Cost Savings Ratios & When -

Purchasing Ethics: 7 Sensitive Situations -

A 21-Point Negotiation Checklist -

A 20-Point Proposal Evaluation Checklist -

8 Supplier Selection Criteria & the SHoCC -

5 Components of Ethical Procurement -

Calculating The Cost of a Stockout -

How Procurement & Finance Can Collaborate -

Tips For Negotiating With A Sole Source -

The entire Next Level Purchasing staff and I would like to wish you a Happy New Year. We hope that you reach all your goals in procurement and in life in 2011.

Thank you for giving Next Level Purchasing the opportunity to help you have a rewarding career.

(keep reading for a FREE Offer)

Spotlight On Professional Development Opportunities

SPSM Certification

Are you tired of not getting enough opportunities, respect, and money out of your purchasing career? Well, guess what? Nothing will change unless you take action towards becoming a world-class purchasing professional.

You see, today's employers refuse to reward employees for yesterday's skills. They demand that purchasing professionals like you use the most modern skills and achieve unprecedented results. They want you to save more money, achieve better operational performance, and reduce risk.

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing   practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) at:

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