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Leveraging supply chain disruptions to accelerate digital transformation

Spend Matters

. “Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. 22, at 10:00 AM PST.

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Strategic Procurement — Everything You Should Know

Procurement Tactics

Become a T-Shaped Procurement Professional Download Whitepaper →  Or receive our famous weekly newsletter Importance of Strategic Procurement Strategic procurement is important as it allows companies to align their sourcing strategy with their business goals resulting in an increase in efficiency and minimizing risks within the supply chain.

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Getting Acquainted with the F&B Supply Chain – Finale Inventory | Ecommerce

Finale Inventory

Are you interested in learning about the world of the F&B supply chain? In this article, we will walk you through the basics, key components, role of inventory management, challenges, and technological innovations in the F&B supply chain. One important aspect of the F&B supply chain is inventory management.

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Maximizing Cost Savings Through Strategic Supplier Collaboration

Jaggaer

From bundling spend to identifying mutual efficiencies, these approaches not only drive down costs but also strengthen supplier relationships, ensuring sustainability and value over time. By building trust and transparency, procurement leaders can work with suppliers to achieve cost savings that are sustainable and equitable.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies. Increases efficiency by standardizing, streamlining, and automating processes.

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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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Solving 6 Critical Procurement Challenges With Business Process Automation

Pipefy

Procurement requires precision, predictability, and the ability to problem-solve with agility and confidence. A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. With the right tools, teams can achieve this and more. Disjointed communication.