Remove Global sourcing Remove Sourcing Remove supply chain budgeting
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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. Savings can be cashable or non cashable i.e. cost avoidance. Create Contingency Plans: Develop risk management protocols for supply disruptions and emergencies.

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What are the different types of sourcing?

IBM Supply Chain Blog

Sourcing isn’t just a concern for procurement teams. With rising consumer and stakeholder expectations around ethical and responsible supply chains, who supplies your organization’s goods and services is also a C-suite consideration. Near-sourcing can also reduce risk.

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Top 10 CEOs Who Have Had Roles in Supply Chain

SCMDOJO

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Don’t forget!

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

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New Year Insights for the procurement solutions and services marketplace 2024: Fairmarkit

Spend Matters

With the geopolitical environment continuing its downward pressure on global supply chains, the economic volatility further cemented any cost-cutting measures that were already in place. You don’t want to be prompted to input a budget or confirm a customer sub-category.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

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5 Steps Towards Modernizing Supplier Management

ivalua

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Map your Sub – tier.

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