e2e Ethics Procurement team 
Jaggaer
FEBRUARY 5, 2025
These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility.
World of Procurement blog
MAY 10, 2024
The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.
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Jaggaer
OCTOBER 24, 2024
Value chain : Transparency in operations and across multiple supplier tiers gives you visibility into potential gaps in supply continuity. Your procurement team can respond by prioritizing efficient supplier collaboration combined with SRM to facilitate easier and more consistent engagement. Performance and stability can waver.
Procurement Tactics
JUNE 28, 2023
Compliance and Risk Management Throughout the procurement process, monitoring compliance with the applicable legislation and regulations is crucial. This includes checking standards of ethics, legal requirements, supplier diversity, and minimizing any risk that may arise in connection with the procurement activities.
IBM Supply Chain Blog
FEBRUARY 28, 2024
In response to increasing expectations from customers and stakeholders alike, some businesses are leveraging the transparency and immutable record of blockchain to uphold their ethical and sustainable sourcing practices. How is sourcing strategy different than procurement strategy? Try out cognitive intelligence free for 30-days.
IBM Supply Chain Blog
DECEMBER 13, 2023
In addition, a well-crafted procurement framework fosters innovation and sustainability. It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. A procurement strategy is not merely a series of steps for acquiring goods and services.
IBM Supply Chain Blog
FEBRUARY 13, 2024
The following are examples of strategic sourcing use cases: Transparency and traceability From fast fashion to fluorite, consumers and stakeholders are keyed into product provenance—expecting brands to uphold ethical, responsible sourcing practices. And from that group, 71% would pay a premium for it.
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