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Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Indirect procurement supports organizational agility, requiring tailored controls and workflows to manage cross-functional spend. Find Out More What Is Procurement?

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AI Agents in Procurement: The Ultimate Guide

ivalua

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. In procurement, AI agents can be in conjunction with complex sourcing, purchasing, and AI-driven supplier management processes to streamline operations. You may also have heard of Agentic AI.

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AI Agents in Procurement: The Ultimate Guide

ivalua

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. In procurement, AI agents can be in conjunction with complex sourcing, purchasing, and AI-driven supplier management processes to streamline operations. You may also have heard of Agentic AI.

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. Your procurement technology platform should help unify data and processes across tiers to avoid disruptions.

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The ultimate guide to digital purchase orders

TYA Suite

Back then, businesses relied on paper purchase ordersphysical forms filled out by hand, signed, mailed, or faxed to suppliers. This process was slow, subject to human error, and made tracking orders a logistical nightmare. What is a digital purchase order? How does a digital purchase order work?

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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Click here!

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Navigating the Future of Supply Chains: Insights & Procurement

Jaggaer

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.