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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

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Global Supply Chain Management: Best Practices and Trends

HICX

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. The Global Supply Chain Landscape: What is the current situation?

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Agile vs Lean Supply Chain: What’s the Difference?

Procurify

Did you know that only 22 percent of companies have a proactive supply chain network? That’s why in today’s fast-paced global economy, it’s more important than ever to make sure your supply chain is efficient and reliable. . Let’s take a look at each of these supply chain management methods. .

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Meet the Founder: #1 – Nick Verkroost (Canopy)

Procurement Software

Welcome to a new series of blogs! This is where every month, we’ll ask the Founder or CEO of a procurement software company a few questions. Our aim here is to shine a light on some of the lesser-known solutions. This first one features Nick Verkroost, CEO of UK-based supplier data and SRM platform Canopy.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Order Fulfillment Once a contract is signed, the supplier begins delivering goods or services as per the agreement. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment.

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Managed Procurement Services: A Strategic Approach to Cost Reduction

Empowering CPO

As companies grapple with economic uncertainties and rapidly evolving market dynamics, the focus is shifting from mere cost-cutting to strategic cost management. In this context, Managed Procurement Services offer an effective path to achieve this objective, leveraging innovation, process efficiency, and expert insights.

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The Impact of Digital Transformation on Spend Analysis

Empowering CPO

Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. This blog will delve into the profound impact of digital transformation on spend analysis. This involves leveraging digital tools to automate routine tasks, enable real-time communication, and establish seamless workflows.