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Six Sigma is a process improvement methodology that takes a scientific approach to resolving process problems, reducing errors and creating quality products, services, teams and organizations. It uses proven management tools that have been around longer than Six Sigma itself.

Recently I came across an article titled, Bridging the Generational Gap of B2B Procurement, and felt that the article was spot on. As a procurement professional who falls right in the middle of the millennial timeline, I could relate to the author’s take on the procurement process.

FedEx and UPS are making a paradigm shift in the way they price small parcels, and it will have a significant impact on all companies that rely on them for their services

“5S” is a process methodology that ensures “everything has a place and there is a place for everything.” There are numerous references to 5S practices throughout the Internet and via professional courses, but SDI considers 5S more than an industry buzzword. 

In a highly fragmented supply environment such as MRO, supplier selection is not always approached holistically. Pausing to consider these three key areas will go a long way towards connecting your procurement to your overall business objectives.