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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. The right procurement strategy ensures that organizations: Mitigate risks before they escalate.

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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

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Körber strengthens strategic and operational procurement with Ivalua and OptiBuy

ivalua

In recent years, Körber’s global supply chain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.

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CPO Crunch: A brave new world calls for brave new strategies

Procurement Leaders

There’s no doubt that chief procurement officers are being asked to contribute to board-level discussions more frequently. It’s been halcyon days for procurement, as the low-hanging fruit of low-cost-country sourcing and the pursuit of single- or dual-source strategies have delivered huge financial returns to the bottom line.

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Source-to-Pay Digital Transformation: Roadmap for Efficiency and Resilience

Jaggaer

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

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Spend Matters Future 5 2024 – Introducing Halo Ai

Spend Matters

This realization planted the seed for a solution that would later become Halo Ai — a system designed to create comprehensive risk profiles for third parties, enabling organizations to operationalize their risk management strategies more effectively. What is the road ahead for Halo Ai? What does it mean to be a Future 5?

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The Four Critical Points of Stakeholder (Agent) ESG Alignment

Procurement Insights

QUESTIONS TO CONSIDER : When developing an ESG strategy, how many companies consider the alignment of the following stakeholder (agent) interests regarding priorities, challenges, and desired outcomes? When should you introduce technology into your ESG strategy process – before or after addressing questions 1 and 2?