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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. Optimize costs without compromising supply chain continuity. Enhanced Agility: Enables rapid response to unexpected supply chain changes.

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Mastering Strategic Sourcing: Efficiency and Cost Savings in Procurement

Jaggaer

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Spend Analytics – Strategic sourcing starts with an analysis of product categories and spending patterns within the company.

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Mitigate Seasonality and Other Logistics Disruptions with TMS Supporting Predictive Analytics

Supply Chain Collaborator

Where is the freight market heading and how can a shipper be prepared to address changes as they occur in real time? The answer lies in harnessing transportation/logistics data and using powerful, predictive analytics to identify patterns and trends over time that can help determine what a shipper can expect during any given time of the year.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

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What Powers Artificial Intelligence (AI)? A Guide to Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. AI Transparency. It is true that AI models are not always transparent. The aim of Procurement digital transformation is to perform tasks and process more efficiently using technology to deliver benefits seamlessly, without impacting its current operations. Subscribe Here!

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Spot the mistakes Strategic Sourcing Framework

Procurement Templates

This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Data Collection : Gather comprehensive data related to spending within each procurement category.

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Role-Based Training for Procurement & Supply Chain Teams

Skill Dynamics

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.