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What About Procurement Objectives?

Procurement Templates

Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency. Improve Transparency: Use dashboards and reports to provide real-time procurement updates to all stakeholders. Cut the waffle and get to the point.

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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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Mastering Strategic Sourcing: Efficiency and Cost Savings in Procurement

Jaggaer

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In some categories it makes sense to conduct a competitive sourcing event, for example an online auction using eSourcing software.

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category Management Software What is Category Management in Procurement? Using category management software is ideal as it creates visibility and efficient management. To have an efficient supply chain system, category management through efficient supplier management is important to achieving this objective.

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How SupplyShift can help you with the German Supply Chain Act

SupplyShift

SupplyShift has recently updated and relaunched our Human Rights Compliance Assessment to ensure alignment with the German Supply Chain Due Diligence Act. This package includes embedded risk screen data from Verisk Maplecroft, grievance mechanism software with our partners at Ulula, and implementation support. 1 of the Act.

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How to build a successful procurement strategy

IBM Supply Chain Blog

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan.

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Zip Forward 2024: Forging paths to sustainable success

Spend Matters

This last requirement may be rather technical, but the enabled capabilities allow for earlier, deeper and tailored stakeholder engagement to provide better experience/satisfaction, adoption — which, ironically, is a characteristic that Coupa has continually held as the North Star — spend compliance and influence on pre-sourced spend.