article thumbnail

Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Leveraging advanced analytics : You can use analytics to identify top-performing suppliers as well as address any issues based on supplier performance metrics. Analytics also help you better evaluate potential suppliers, pinpoint cost-saving opportunities, and strengthen future sourcing strategies.

article thumbnail

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

Supply Chain Game Changer

The aim of these analytical models is to provide Procurement teams with reliable, repeatable decisions and learn from historical relationships and trends in the data. Edward McGeachie has over 25 years Procurement and Supply chain experience at Schlumberger, IBM & Lenovo PC division.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your 2024 Procurement Career Tune-Up

Una

Whether it’s mastering the art of negotiation or navigating the labyrinth of supply chain analytics, keeping your skills sharp is your ticket to staying relevant. Be the Sourcing Hero your procurement team needs! Sign up for courses that tickle your professional fancy. Project commander Put your hand up!

article thumbnail

What the Coupa software acquisition means for procuretech

Procurement Software

They quickly rose to be the market leader, especially in the untapped area of spend management for indirect procurement teams. Lots of features and high complexity can be necessary in these large, relatively mature procurement teams. Procurement teams will have to achieve more with less in the years to come.