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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. million in 2015. Benefits of Investing in Supply Chain Visibility To address these challenges, businesses are increasingly turning to supply chain visibility solutions.

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Building a sustainable automotive supply chain

IBM Supply Chain Blog

. ​ Automotive supply chain facts Up to 50 percent of unscheduled downtime is due to a lack of spare parts or stockouts ( The Importance of Inventory Optimization in MRO, July 2015 , Aberdeen Group) Generally, 99% of [semiconductor] manufacturing foundries have no visibility where the part is going. Why is this happening?

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Procurement professionals of all types face a challenging and dynamic work environment. What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Supply Chain Visibility. Limited Supplier Network. Managing risk.

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The 25 Hottest US Procurement Startups

Procurement Software

US procurement startups are killing it. It’s no surprise that in the home of big tech, Silicon Valley and seemingly endless VC investors, there’s a thriving and diverse procurement tech ecosystem. Let’s have a look at the who’s who in the American procurement startup space. Hot diggity dawg!

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7 Spend Analytics Software for Mid-Market Businesses

Procurement Software

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

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The 10 Hottest Nordic Procurement Startups

Procurement Software

Nordic Europe has a long tradition for being innovative, and Nordic procurement startups are no exception. We’ve got the definitive lowdown on 10 procuretechs from Europe’s chilly northern reaches, who are heating up the digital procurement ecosystem. Less than 10 years old as a company. Which countries are included?

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How to Solve Supply Chain Disruptions — It’s Not What You Think

Arkestro

Last November, the lineup of container ships anchored off the coast of California hit 109, an all-time high. In 2021, lumber smashed all-time record prices, and home improvement stores were often sold out. For example, look back to 2015, and you’ll see a similar red flag raised about a shortage of truck drivers.