Remove Procurement Remove Raw materials Remove Supply Chain Visibility
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AI in procurement: How different industries are harnessing its power

Spend Matters

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. In short, AI is making manufacturing procurement faster, smarter and more resilient than ever.

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Obstacles to Multi-Tier Supply Chain Visibility!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility.

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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them.

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Global Supply Chain — Everything About Supply Chain

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! These chains usually encompass the global movement of data, resources, and procedures. Organizations may also refer to them as global production networks or global value chains. CERTIFICATE COURSES Related courses about this subject 1.

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Circularise: Vendor Analysis — Supply chain traceability solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , Supply Chain Visibility Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Circularise, a blockchain-based traceability solution that helps companies trace products and materials to verify their origins, certificates, CO2 footprints and other material data.

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Choosing the Right ERP System for Manufacturing: Key Features to Consider

Jaggaer

While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. Industry-Specific Expertise – Not all ERP solutions are created equal.

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How do you treat supply chain cataracts? Pizza – Domino’s Pizza!

Procurement Insights

Supply chain visibility refers to the ability to track and monitor products, materials, and information as they move through the various stages of a supply chain, from the sourcing of raw materials to the delivery of the final product to the end consumer.