Remove 2022 Remove Contract management Remove Real-time Visibility
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Webinar Recap: Data as the Driver of Effective Procurement Transformation

ivalua

Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders. Timeliness is also important.

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13 Best Contract Management Software for the Mid-market

Procurement Software

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

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11 Best Procure-to-Pay Software for the Mid Market

Procurement Software

The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. The module also includes features such as contract management, invoice processing, and payment processing. CEO Frank Schmidt was a guest on the podcast in April 2022.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. Solutions like the IBM Sterling Fulfillment Optimizer help teams execute new sourcing decisions in real time to meet fluctuating customer demand.

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Ultimate Guide to IT Procurement

Una

trillion by the end of 2022 and is oftentimes within the top three largest spend categories for an organization. It’s not a matter of if IT spend should be managed, but who should be the one managing such a significant portion of a company’s budget. IT spending is expected to reach $4.4 Data Driven Decision Making.

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Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement

Arkestro

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. from February 2020 to August 2022. Procurement is a complex, time-sensitive task that creates many challenges in the construction industry.

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How AI Can Solve the Biggest Challenges in Procurement

Zycus Cognitive Procurement

As Procurement leaders plan their 2022 Savings targets, they are exploring new ways to unlock the full potential of their operations and realize its true value. AI software can place bids on behalf of suppliers, send out RFIs or RFPs, and track your project’s performance in real-time.