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Explore The Role of Technology in Strategic Purchasing

Procurement Freelancers

Strategic buying is essential for delivering cost effectiveness, encouraging innovation, and preserving a sustainable supply… The post Explore The Role of Technology in Strategic Purchasing first appeared on Procurement Blog | Procurement & Supply Chain News.

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Here is an example of a potentially great and unexpected procurement solution suite!

Procurement Insights

Unique Benefits: Holistic ESG Compliance: Tracks supplier sustainability (e.g., Chevron Fit: Excellent for cost management and talent, saving $1M-$5M on strategic buys. Comparative Analysis Strategic Fit for Chevron AdaptOne: Enhances ESG and supplier resilience, aligning with Shared Services compliance focus.

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Mintec Versus Beroe: Are AI COG Savings Real And Sustainable Beyond Year One

Procurement Insights

In other words, like secret recipes and other competitive advantages, actual data-driven savings through more strategic buying decisions are a closely kept secret. I have one more point to add—and this question is based on actual research—are said savings sustainable beyond the first year?