Remove Definition Remove Supply chain resilience Remove supply chain software solutions
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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. In this blog : a new role for supply chain planners. The new evolutionary challenge for IBP, and more specific for supply chain leaders, is to close the traditional IBP decision gaps.

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Being prepared for third-party risk events – Think big, start small, grow fast

Spend Matters

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. So AI has definitely become a big topic because of the liability associated with it.

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Digital Procurement Tools: How much do they cost?

Procurement Software

But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget.

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Risk Management in Procurement: Strategies and Tools for Success

Empowering CPO

Effective risk management in procurement is crucial to ensure uninterrupted supply chains, maintain cost-efficiency, protect organizational reputation, and ensure compliance with legal and regulatory requirements. Engaging suppliers in joint risk management activities can result in more resilient and reliable supply chains.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. Quality Metrics Definition and Examples – Quality metrics evaluate the quality of goods and services procured.

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Do You Need a Network Design CoE?

Supply Chain Action Blog

From an operational perspective, the greatest leverage for revenue, margin, and working capital lies in the structure of the supply chain or value network.*. In fact, the best value network structure for an individual product may itself be a portfolio of multiple supply chains. It’s Never One and Done.