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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.

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The Future of Spend Analysis: Trends to Watch Out For

Empowering CPO

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

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The 25 Hottest US Procurement Startups

Procurement Software

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

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Why Procurement Transformation Can Fail!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. They will hire an inexperienced and inexpensive resource, within their budget to lead the Procurement Transformation. Subscribe Here! Email Address.

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3 Reasons Why Procurement Transformations Fail!

Supply Chain Game Changer

There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. They will hire an inexperienced and inexpensive resource, within their budget to lead the Procurement Transformation. Systems are the critical tools necessary to have a lean and efficient Procurement Department.