Remove Global sourcing Remove Sourcing Remove Stakeholder engagement
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What About Procurement Objectives?

Procurement Templates

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Savings can be cashable or non cashable i.e. cost avoidance.

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Deloitte Global CPO Survey 2023 — A focus on digital maturity and how to get there

Spend Matters

In terms of technology architecture, the report offers in-depth accounts of a number of use cases, including: Active/strategic stakeholder engagement beyond tactical intake management. Ruthless automation of P2P and supply chain execution supporting an autonomous driverless organization.

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Procurement Challenges Condensed

Claritum

Stakeholder engagement. Knowledge of technology impact on sourcing (innovation opportunities). Knowledge of technology impact on logistically how and physically what you are sourcing (innovation opportunities). Multiple / global sourcing of critical components. Risk Management. Securing Procurement Talent.