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

Jaggaer

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their supplierssuppliers—make up an organization’s multi-tier supply chain.

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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.

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The Reality of Automation in Procurement!

Supply Chain Game Changer

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information.

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How to Minimize Impacts from Supply Chain Disruption

EazyStock

When one link in the supply chain is shut down, the effect can be felt throughout the supply chain resulting in delayed or cancelled deliveries, closed ports, drastically unbalanced supply and/or demand. This is a major byproduct of globalization, as suppliers are increasingly international.

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Procurement In My Lifetime: A Timeline Of Understanding (1959 to 2024)

Procurement Insights

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

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Supply Base Optimization: 6 Steps to Ensure Success

Procurify

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. .