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Business process management (BPM) examples

IBM Supply Chain Blog

Benefits: Reduced administrative work Real-time tracking of HR metrics Enhanced employee experience Logistics management BPM optimizes logistics management by automating processes such as inventory management, order fulfillment, and shipment tracking, including those within the supply chain.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Contract Negotiation After selecting the best supplier, the procurement team negotiates final contract terms like pricing, service levels, delivery timelines, warranties, and other legal and commercial conditions. Order Fulfillment Once a contract is signed, the supplier begins delivering goods or services as per the agreement.