Contract management Product development Supply Chain Optimization 
ivalua
MARCH 16, 2020
Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. Körber’s purchasing and supply chain management organisation is responsible for all procurement processes.
Jaggaer
APRIL 9, 2025
This not only includes internal data on product quality, operations, machine performance, logistics etc., but also external data such as supplier networks and performance, extended supply chains, and the environmental impact of their operations. Finally, at the highest level, AI takes charge in closed-loop systems.
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Procurement Tactics
JUNE 7, 2023
Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.
Procurement Templates
JUNE 18, 2023
Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.
Jaggaer
OCTOBER 3, 2024
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. First, organizations need to get full supply chain visibility.
IBM Supply Chain Blog
APRIL 4, 2024
Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. Business process management examples BPM can help improve overall business operations by optimizing various business processes.
Zycus Cognitive Procurement
JANUARY 31, 2023
SRM provides an opportunity for companies to gain a competitive edge by forming productive partnerships with their suppliers. Supplier relationship management helps to break down suppliers into categories and develop strategies for managing them in the most efficient way possible.
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