Remove Order Fulfillment Remove Strategic sourcing Remove supply chain budgeting
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Strategic sourcing: Improve your buying power

TYA Suite

What is strategic sourcing and how does it work? Strategic sourcing is a method used by businesses to buy goods and services in a way that focuses on long-term value, not just short-term savings. Strategic is about building strong, lasting relationships with suppliers that deliver the best overall value.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. In summary, procurement is a strategic function focused on maximizing value, reducing costs, and building competitive advantage.

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The Reality of Automation in Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Along with cost savings, procurement managers are focusing on optimizing and automating processes. It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Subscribe Here!

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

We will decide and response faster in our supply chain and make higher quality operational and strategic decisions. I believe that soon enough it will become a must to provide new roles to young graduates for them to be interested in working in supply chain. So, there are many possible approaches.

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The 10 Hottest German Procurement Startups

Procurement Software

It supports them in budgeting, requesting, and ordering articles and services for their business, while benefiting from better purchasing conditions. Budget management and control features allow for transparent presentation and allocation of budgets. This enables teams to make decisions and remain in control.