Remove Purchasing Remove supply chain budgeting Remove Supply market
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Expanding the influence and impact of Procurement

Spend Matters

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

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Getting to grips with tariffs, trade and compliance with Thomson Reuters

Spend Matters

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. It might even effect a decision to no longer play in a particular market.

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Purchasing problems: 10 common challenges every purchasing manager faces

Procurify

If you are a purchasing manager struggling to meet your saving targets, you’re not alone. . Although cost-saving has been a top priority for a long time, new requirements in procurement are surfacing and bringing challenges with them. Technological advancements are also rapidly changing the responsibilities of purchasing managers. .

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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. It also helps to improve the effectiveness of the new product in areas such as product quality and market performance. But does it work?

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships. Sustainable/ethical procurement.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

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Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. Purchasing is also where value is captured (i.e., Purchasing is also where value is captured (i.e.,

Sourcing 130
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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.