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What are the different types of sourcing?

IBM Supply Chain Blog

Sourcing isn’t just a concern for procurement teams. With rising consumer and stakeholder expectations around ethical and responsible supply chains, who supplies your organization’s goods and services is also a C-suite consideration. Near-sourcing can also reduce risk.

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Top 10 CEOs Who Have Had Roles in Supply Chain

SCMDOJO

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Don’t forget!

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Strategic Sourcing Essential Techniques for Sustainable Success

Empowering CPO

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness.

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Mastering the Art of Strategic Sourcing: Essential Tips and Tricks

Empowering CPO

Introduction In the dynamic realm of procurement, organizations strive to not only meet their immediate needs but also to establish sustainable and cost-effective supply chains. Essential Tips and Tricks: Data-Driven Decision-Making: The foundation of successful Strategic Sourcing lies in data.

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3 Procure-to-Pay Trends Shaping 2024

Pipefy

The global source-to-pay and procure-to-pay outsourcing market is expanding rapidly with the market expected to reach $55.8 To do so, procure-to-pay trends point to an increased focus on three key areas: technology, collaboration, and sourcing. billion by 2028. Below is a rundown of the three procure-to-pay trends shaping 2024.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Furthermore, their rapidly shifting nature requires a new level of agility. Being more agile and addressing more strategic objectives requires procurement to be more collaborative. Disruptions, ethical and compliance risks are more likely to occur deep in your supply chain. Second, map your sub-tier.

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Redefining the Value Proposition of Procurement

Una

For Director of Global Sourcing for Medline Industries Brian Chaplin, being a sourcing hero means listening, learning, and taking action. As long as we are continually listening and learning from others and then driving those things that we learned into really effective change, that is what I would define as a sourcing hero.”.