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The Importance of Supply Chain Collaboration

The Good Spending

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

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5 Procurement Trends Shaping 2024

Pipefy

In the Amazon Business report on procurement data, 98% of respondents report having plans for investments in analytics and insights tools, automation, and AI for their procurement operations in the next few years. A lack of agility or flexibility with existing tools was also listed. And that’s not going away.”

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Press release: 95% of procurement professionals concerned about the consequences of high employee churn?

Skill Dynamics

LONDON, 26th October 2022: More than half (53%) of senior procurement professionals say that retention in their function has decreased in the last three years – and 47% admit this is a problem, according to a report released today by high-impact digital training provider, Skill Dynamics. About the Research.

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Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement is fundamentally centered around the act of acquisition and/or buying. CPOs “gave supply chain sustainability a ranking of 7.2

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The New Look on Industrial Buying

The Good Spending

T hese routine activities leverage integrated automated systems, enabling supply chain visibility. Nevertheless, as in our earlier post on supplier segmentation , the buyer-supplier relationships evolve in the modern industrial world of ever-increasing supply chain risks and constraints.

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Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

To help you meet yours, we’ve compiled a list of 22 essential procurement KPIs that fall into three business categories: suppliers, staff, and operational. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. Supplier review The procurement team reviews supplier RfPs and chooses a winner.

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Why is Not for Profit Procurement so Different

Claritum

The NfP also has a greater focus on adding social value to a supply chain. Whereas when we look at the goals and motivations of the FP sector (commercial businesses) there is more opportunity to re-define goals and change direction, with significantly less influence from external parties. 3 Financials.