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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

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What does the German Supply Chain Act Mean for Procurement?

ivalua

The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain.

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Sustainable Supply Chain Analysis — Embracing Sustainability

Procurement Tactics

In this article, we will discuss what a sustainable supply chain is. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment.

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Spend Matters Future 5 2024 – Introducing Halo Ai

Spend Matters

“Halo Ai was born out of a deep industry need, which I recognized when I took on the role of Head of Third-Party Risk at a major Canadian financial institution, a company with over 190 years of history and a workforce exceeding 100,000 employees. What are Halo Ai’s greatest strengths?

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Procurement Strategy’s Role in Guarding Against Supply Chain Disruptions

SCMDOJO

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate. Want to future-proof your procurement function?

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ESG Supply Chain Monitoring and Reporting

Barkers Procurement

In the realm of modern business practices, Environmental, Social, and Governance (ESG) criteria have become integral to shaping the strategic framework of organisations aiming to operate sustainably and ethically. Why Is ESG Supply Chain Reporting Important? What Does ESG Supply Chain Monitoring Involve?

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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. But a radical rethink is needed to succeed.