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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Quality control processes Pricing and total cost structure Compliance with regulations and standards Financial stability and staying power Cultural fit with your values and priorities You'll want to collect information through supplier questionnaires, capability statements, site visits, and product samples/demos.

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How Predictive Procurement Solves Challenges in the Food and Beverage Industry

Arkestro

These disruptions have exposed the fragility of global supply chains. Unique obstacles have caused many companies to re-evaluate their sourcing strategies. A shift toward regionalized supply chains and diverse suppliers may be the key to resilience. Other challenges reflect problems throughout the supply chain.

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The Hitchhiker’s Guide to Digital Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Source: Deloitte CPO Survey 2019. SpendMatters Supply Chain Dive Supply Chain Digital Art of Procurement (Podcast). Subscribe Here! Email Address. Don’t Panic!

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Establishing Procurement as a Competitive Advantage

ivalua

Best practices are great for the majority of processes, but for the most strategic doing things differently is the way to win. This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. Global automotive component supplier Meritor is a great example. Plan to avoid those.

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How to be a better procurement manager in 2022: The latest updates on procurement digitization

Zycus Cognitive Procurement

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . A significant amount of change has taken place in the procurement function over the past few years.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What is Horizontal Integration?

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Services Procurement: What Is It and How To Manage It

Planergy

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Book a Live Demo 2.