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Procurence: Vendor Analysis, 2022 Update (Part 1) — SxM and main new modules overview, market analysis and tech selection tips

Spend Matters

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). By consequence, it also brought solution providers with dedicated capabilities for direct spend under the spotlight. Poland-based Procurence is one such provider.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

Shimon is an experienced Supply Chain Engineer with a Master’s Degree focused in Industrial Engineering (SCM) from Rutgers University-New Brunswick, with a demonstrated history of working cross-functionally across several supply chain domains.

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What Exactly Is Procurement? And What is Purchasing?

Supply Chain Game Changer

And PurchasingInsight.com considers that “Procurement is the overarching function that describes the activities and processes to acquire goods and services.

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The Comprehensive Guide to Spend Analysis in Healthcare

Empowering CPO

These compliance obligations impact procurement processes, contract management, and supplier selection, requiring meticulous attention to detail and documentation. ERP Software: Extract data from enterprise resource planning systems, which may include information on inventory, materials management, and accounts payable.

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The One Point Analysts Are Missing? Technology Is IRRELEVANT!

Procurement Insights

Reference : The Standard Procurement System SAP R/3 : Overview : SAP’s R/3 system, introduced in the early 1990s, included modules for materials management and procurement, offering businesses an integrated approach to handle procurement alongside other enterprise functions. Key Features : AI-powered contract management.