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Automation and Efficiency Automation liberates procurement professionals from mundane transactional tasks, allowing them to focus on strategic initiatives like categorymanagement, sustainability, and fostering innovation with key suppliers. CategoryManagers will be freed up to spend more time on execution rather than data gathering.
Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supplychainvisibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supplychain.
Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supplychainvisibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supplychain.
It starts with spend analysis to provide a detailed cost breakdown, providing the information for competitive tendering via auctions using our Sourcing and Advanced Sourcing Optimizer modules, and aggregating spend where it makes sense for better leverage in negotiations. Contracts management is vital to avoid cost leakage.
The CPFR program has been instrumental in enhancing overall supplychainvisibility and efficiency, allowing Walmart to respond promptly to fluctuations in demand and supply, reducing stockouts, and optimizing inventory levels.
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