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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. What is Source-to-Pay? A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance.

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Navigating Tariff Turmoil with Data-Driven Supplier Relationship Management – Institute for Supply Management News

Let's Talk Supply Chain

Let’s set sail on a journey towards efficient and effective supply chain management. By harnessing the power of data analytics and strategic insights, organizations can proactively mitigate the impact of tariffs on their supply chains while enhancing‍ operational efficiency and cost-effectiveness.

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Navigating the Top 3 Procurement Challenges in 2025

Jaggaer

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP solutions often lack robust capabilities around managing all of the data attributes for products and vendors, and cannot update them in real time or in an automated fashion. Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use. Demand planning capabilities.

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Common procurement metrics include spend under management, savings targets, supplier lead time reduction, procurement process efficiency gains, sustainability metrics and more.