Remove Data Remove Strategic sourcing Remove Supply Chain Visibility
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Navigating the Top 3 Procurement Challenges in 2025

Jaggaer

However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing. Ready to digitally transform your business?

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

ivalua

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility. An all-in-one platform enables open supplier communication in a trust-based, collaborative environment that boosts quality and lowers costs.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. 5 Procurement Increasing Its Focus on and Use of Data.

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Contract Management Process — Everything You Should Know

Procurement Tactics

Enhancing strategic sourcing through data analysis. Improving supplier relationship management through data transparency. . Establishing centralized contract management to connect contract data to other essential workings of the organization. . Enhanced contract visibility. The Contract Management Process.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Data quality is pivotal.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

Here are eight critical activities that can help procurement organizations build and maintain chain resiliency in a post-Covid-19 world: Work to achieve 100% supply chain visibility. Strategic sourcing professionals may end up doing tactical work, as well.