Remove Bidding Remove Risk management Remove Supply chain resilience
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Agentic AI in Supply Chains: The Future of Decision Making

SCMDOJO

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

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5 Procurement Industry Trends to Watch in 2025

Arkestro

E-procurement implementation creates a direct connection between the supplier and buyer, helping to optimize business-to-business (B2B) and business-to-consumer (B2C) processes like emails, data entry, invoice management, purchase orders, and bids. Subscribe to news from Arkestro. Subscribe to news from Arkestro.

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Beyond Compliance: How Procurement Can Drive ESG Leadership and Decarbonization

Jaggaer

Compliance with national and international regulations is of course a pressing concern to avoid fines, disruptions to operations and reputational risk. These include risk management and resilience in a volatile world. Companies want to avoid or mitigate disruptions to the supply chain and manage stranded assets.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

Key competencies: Direct & indirect materials Function Strategy & transformation Digitalization ESG Risk management Supplier Relationship management She is an invited lecturer and Award-Winning Speaker, nominated for ‘Best Procurement CPOs – Russia’ list.

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Could some of our UK counties be under water by 2050?

Value Match

The Environmental Agency has set out it’s own risk management strategy to support the nation for flooding and coastal changes. Below are some examples: Conduct a supply chain risk assessment : Procurement teams can start by assessing the risks associated with sea level rise, including the impact on operations and infrastructure.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Conduct supply chain audits and due diligence on high-risk categories. Diversify suppliers across geographies to reduce concentration risk.

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A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead

Arkestro

For these transactions, automakers and medium-to-large auto suppliers consider production supplier scorecards, supply chain resilience, geopolitical risks, ESG (environmental, social, and governance), and much more to make purchasing decisions.