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CPOs must separate the signal from the noise to help manage disruption

Procurement Leaders

The email itself was fairly innocuous, with the CPO in question commenting on a previous newsletter Id sent and sharing how he was travelling to India to develop local markets, build new relationships and deepen existing partnerships further. Growth markets need to be carefully aligned with supply markets, as a simple example.

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Procurement Strategy’s Role in Guarding Against Supply Chain Disruptions

SCMDOJO

Procurement leaders, Chief Procurement Officers (CPOs), and Supply Chain Managers must proactively build resilience into their procurement processes to safeguard operations. The right procurement strategy ensures that organizations: Mitigate risks before they escalate.

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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

The procurement department encompasses all steps in acquiring goods, services, and works from external suppliers and performs various functions such as managing the procurement process, developing strong relationships with internal stakeholders, and negotiating contracts.

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Time to Look into the Future of Procurement!

Supply Chain Game Changer

Drive a thorough understanding of both the supply market and internal company requirements. Kearney’s latest Assessment of Excellence in Procurement (AEP) study, more senior executives are asking their procurement functions, and specifically their Chief Procurement Officers (CPOs), to deliver value well beyond cost reductions.

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5 Tips For Effective Source to contract During Crisis

Zycus Cognitive Procurement

When sourcing leaders, procurement professionals, and suppliers come together, they make sourcing collaborative. Collaborative sourcing is not devaluing traditional sourcing approaches but the embedding of more robust category strategies, more penetrating views of supply markets to enable stronger supplier relationships.