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Procurement Strategy’s Role in Guarding Against Supply Chain Disruptions

SCMDOJO

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Build strong supplier partnerships for long-term stability. Optimize costs without compromising supply chain continuity.

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7 Ways to Create Perfect Agile Supply Chain Machine

Supply Chain Opz

Agile Supply Chain concept has been discussed widely but the definition can be a bit vague. In this article, we will explain how agile supply chain theories were developed and 7 ways to create agility in your organization. Leagility In 1999, Naylor et al.

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

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Why Agility and Creativity are the New Vital Procurement Drivers  (but don’t sacrifice “effectiveness”)

ivalua

And it seems that increasingly three topics come to the fore – effectiveness, creativity and agility. . But then we move on to our two other targets – agility and creativity, which define where Procurement needs to go in order to sustain its contribution into the future. . Effectiveness is a better word than “efficiency”, of course.

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. Assessment of the supply market (who offers what?)

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The Science and the Art of Procurement

ivalua

Professionalisation of the function, logic and analysis has also extended into other areas, with a growth in relevant qualifications, all the way through to procurement and supply chain MBAs and even Doctorates. But, as we move towards a new decade, perhaps the wind is shifting, and we may see a different focus in the next ten years.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers).