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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions. Audit Supply Chains: Identify and address environmental and social risks in the supply chain. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

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What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

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Achieving Healthcare Transformation, Powered by Supply Chain

ivalua

We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating.

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Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

Supply chains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable. A resilient supply chain is one that can absorb shocks and continue functioning with minimal disruption.

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Leveraging Lean Procurement

Una

Leveraging Lean Procurement. What is lean procurement? Lean procurement” can mean several different things depending on who you ask, but the common thread connecting every definition is the core concept of doing more with less. Applying the principles of the lean work methodology to procurement. Create strategic focus.

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Onventis

Spend Matters

The need for resilient supply chains is also a key factor driving procurement digitalization. Customers want to quickly adjust sourcing strategies and build agility into their supply chains. Customers use Onventis to consolidate suppliers and negotiate better terms.