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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. Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations.

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How Digital Procurement Tools Can Eliminate Busy Work

Procurement Software

Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. Blockchain can be used across various industries, including both finance and end-to-end supply chain management.