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Contract Management Process — Everything You Should Know

Procurement Tactics

Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. What is Contract Management?

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

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ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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Importance of Contract Management in Achieving Value for Money in the Procurement System

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Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

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Körber strengthens strategic and operational procurement with Ivalua and OptiBuy

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Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.

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Purchasing Meeting Topics Supply Chain

Procurement Templates

These meetings should be part of the contract management process, and while it may seem obvious what to do, it’s important to consider what you’re trying to achieve with these reviews. any initial supply chain. any initial supply chain.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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S2P and Mitigating Effects of Inflation One way of mitigating these effects is through S2P solutions – providing visibility into a company’s spend data across all categories of spend and help identify opportunities for cost savings through better supplier management techniques.

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Strategic Procurement — Everything You Should Know

Procurement Tactics

When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals. Supplier Management Supplier management involves the handling of relationships between suppliers and the company.