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What is Supplier Relationship Management? Why do we need it & who is best placed to do it? SRM is treated differently across various industries with a lot of companies treating it as a part of someone's role as opposed to a job in itself.

Today's amazing guest is Nigel, aka big Nige, who takes us inside his role as a relationship manager for a sizeable organisation. If you have any questions for Nigel then please get in touch with us: 2lukes1cip@gmail.com. A massive thank you to Nigel for donating some of his time to help us get a little bit more clued up on SRM.

Enjoy episode 21!

Here is a link to the Stakeholder Management part 1 in case you missed it:

https://www.buzzsprout.com/2268417/15091563

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Today's episode tackles some of the most google'd questions surrounding Procurement including whether or not we can work from home, what skills make a good professional and what makes Procurement different to Supply Chain.

Luke 10 seems to have dollars on his brain in this one and Luke 1's new mic turns the sauce up.

The boys mention the Is MCIPS worth it episode so here is a link in case you missed it or would like to revisit:

https://www.buzzsprout.com/2268417/14063291

Thank you as always for your support & don't forget to drop us an email (2lukes1cip@gmail.com) or a text message using the built in button on the episode player. Throw us some FAQs and we might cover them in the next edition of Procurement FAQs.

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It wouldn't be a procurement podcast without a deep dive into the main man - Mendelow. The king of stakeholder management is our topic for part 2 in this series as the two Luke's run through the different segments of Mendelow's Matrix.

Please do get in touch with any questions on the episode or suggestions for future episodes..

Thank you as always for your support

Link to Stakeholder Management part 1 if you missed it:
https://www.buzzsprout.com/2268417/15091563

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Let us know if you managed to solve the two riddles before the Lukes got them!

Today we introduce our Stakeholder management series by looking at defining stakeholders and then distinguishing between the three types. This is then worked through with a number of real life examples to help you build that exam bank.

Part 2 will look at the main man Menny.

Here is a link to the Triple Bottom Line episode referenced in this one:

https://letstalkprocurement.buzzsprout.com/2268417/14310921-8-what-is-the-triple-bottom-line

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Procurement Lifecycle series is right here. Strap up as it's going to be a bloody good series. The boys start at the front of the cycle with a discussion around Business Requirements Documentation.

Up next is Specifications, stay tuned for Part 2.

Will we ever get Luke10 passing level 5??

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A bite size pod for topping up your memory bank, refreshing your mind or rapid learning!

Points discussed are:
- what is competitive advantage? [✓]
-Porters three sources of Competitive Advantage
1. Cost [✓]
2. Differentiation [✓]
3. Focus (Cost or Differentiation) [✓✓]

Send Luke 1 some love as he had to record this beauty whilst Luke10 was discovering Mauritius.

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Ever wondered what it takes to be the master of the contract universe? Buckle up, because Luke1 and Luke10 are about to take you on a wild ride through the essentials of procurement contracts, spiced up with our signature blend of humour and wisdom. From the quirky charm of intent in everyday deals to the solemn gravity of binding business agreements, we'll navigate you through the 5 elements with the ease of a seasoned barista crafting your perfect cup of joe. And let's not forget Aaron, our podcast wizard, who deserves a hat tip for making us sound sharper than a lawyer's suit.

Prepare to laugh, learn, and possibly face-palm as we challenge the notion that only a "Karen" can haggle like a pro and debunk the myth that your name seals your professional fate.

Enjoy the episode..

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The two Luke's are dropping some 5 minute pods aimed at recapping some helpful content.
The first of this content covers 3 key ISOs and what they are.

ISO9001
ISO14001
ISO27001

Have a quick recap before your exams or just to refresh your memory.

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