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Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the SupplyChain department working on a number of different projects. Instead, he noted, we had to choose our solutions in a more targeted and perhaps even piecemeal fashion.
The process creates efficiencies across all spend categories, minimizes supplychain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In some categories it makes sense to conduct a competitive sourcing event, for example an online auction using eSourcing software.
A procurement strategy allows an organization to navigate an increasingly complex global supplychain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Engagestakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan.
An observability solution offers valuable insights to multiple stakeholdersengaged in software development and operations, with benefits that extend to developers, operations teams, product managers and even business stakeholders.
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