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Improve Your Competitive Bidding Results!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! These procurement teams must resort to operate in an antiquated environments, i.e. interacting with each supplier one at a time then follow by long hours of sorting through the information. Subscribe Here! Email Address.

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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we’ll explore vendor analysis, its underlying processes and types, and best practices when implementing this critical tool in your organization.

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Why Procuretech has Immense Potential to Grow

Procurement Software

In the latest years, the need for digital procurement tools has arisen as businesses have entered a more rapid digital transformation process. The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption.

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Top Technical Skills in the Digital Age of Procurement

Una

Technical know-how In this age of rapid digital transformation, it’s essential for procurement professionals to be tech-savvy. Familiarity with procurement software platforms , e-procurement systems, and vendor management systems is a must.

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Supplier Performance Management: How and What To Measure

Planergy

Furthermore, regular assessment of supplier performance can help you identify potential supply chain risks early on so that they can be remedied before they cause major problems. Data from your procure-to-pay software like PLANERGY can help you ensure orders are accurately invoiced and received. Related Posts.

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Supplier Development: What It Is, And How To Manage It

Planergy

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. Evaluate Your Supplier Base First, look at the number of suppliers your procurement teams rely on every day.

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Demystifying Managed Procurement Services: What Every Business Leader Should Know

Empowering CPO

By pairing our deep procurement expertise with advanced technologies, we offer a comprehensive suite of services designed to meet the unique needs of each business. From sourcing strategy and vendor management to transaction processing and analytics, we are your partner in navigating the ever-evolving world of procurement.