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Top 10 TikTokers to Take Off your Supply Chain

SCMDOJO

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Conduct supply chain audits and due diligence on high-risk categories. Dual sourcing and supply chain digitization can help.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Investment in technology is crucial and requires even more during the time of an economic downturn. “

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3 Key Steps to Increase Operational Efficiency in Procurement

Procurement Software

Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.

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3 Key Steps to Increase Operational Efficiency in Procurement

Procurement Software

Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.

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SUSTAINABLE PROCUREMENT FOR COMPLIANT, FUTURE-READY ENTERPRISES

Zycus Cognitive Procurement

Responsible Contract Management: . Avoiding contract renewals with suppliers who do not meet the required health and safety criteria. Foolproof Supplier Information Management: . Agile companies are deploying digital-first systems that can forecast disruptions and alert CPOs to arrange alternate supply streams.

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Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance.