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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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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category Management Software What is Category Management in Procurement? Using category management software is ideal as it creates visibility and efficient management. Market analysis, competitive forces, and external factors. Market forces determine supply risks.

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Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. e-Procurement platforms: Comprehensive solutions that automate the entire procurement process, from requisition to payment.

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How to build a successful talent acquisition strategy

IBM Supply Chain Blog

Employee referral software: Enable employees to refer potential candidates and track the status of their referrals. Continuous process improvement: Solicit feedback from recruiters, hiring managers, and other stakeholders involved in the talent acquisition process to identify bottlenecks, streamline workflows and implement best practices.