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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

Competitors or new market entrants can use it to attack you these days – you don’t need a chain of retail shops on the high street, just a good idea, a great website and an outsourced logistics operation. So the need for businesses to act with speed and agility has never been greater.

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Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

In this disruptive age, businesses must move faster and become more agile, so Procurement must respond, to this or we will become obsolete. Along with the rise of automation and AI, which reduce much of the traditional Procurement workload, these external drivers mean we must find a new role if we want to add real value.

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Q3 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 13 vendors

Spend Matters

CLM DraftOnce from Blue Burro is a contract drafting solution that focuses on document preparation (specifically procurement contracts). Pando eliminates broken and siloed freight fulfillment processes, fostering agility within supply chain organizations to respond effectively to disruptions and changes in the value chain.

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3 Key Steps to Increase Operational Efficiency in Procurement

Procurement Software

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Contract lifecycle management. Supplier innovation.

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3 Key Steps to Increase Operational Efficiency in Procurement

Procurement Software

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Contract lifecycle management. Supplier innovation.

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How to Implement a Strategic Sourcing Process

Una

DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

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SUSTAINABLE PROCUREMENT FOR COMPLIANT, FUTURE-READY ENTERPRISES

Zycus Cognitive Procurement

Procurement now needs to factor in risks more than ever and deliver more excellent business value with limited resources. Agile companies are deploying digital-first systems that can forecast disruptions and alert CPOs to arrange alternate supply streams. It ensures business continuity, customer satisfaction, and profitability.