Remove Contract management Remove Cost of ownership Remove Supply chain resilience
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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

Total Cost of Ownership, ERP appears to be cheaper, but is it? In addition to all of these benefits, the total cost of ownership of an ERP-based solution is higher. It seems that the era of best-in-class supply chain solutions has arrived. Best-in-Class Beats Single-Stack.

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation.