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Enterprise Spend Analysis: How to Reduce Cost and Risk

ivalua

This blog offers a clear, practical overview of what spend analysis is, how it supports strategic sourcing, and why it matters for both direct and indirect procurement. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Top 12 Most-Read Supply Chain Articles Of SCMDOJO 2024

SCMDOJO

In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.

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How MTSS Platforms Can Prepare the Next Generation of Supply Chain Professionals

SCMDOJO

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

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

Procurement Templates

Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Master Budgeting: Practice building and managing procurement budgets aligned with organizational goals. Audit Supply Chains: Identify and address environmental and social risks in the supply chain.

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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. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.

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Benefits of AI in Supply Chain!

Supply Chain Game Changer

Subscribe How Artificial Intelligence Benefits Logistics and Supply Chain! Artificial Intelligence (AI) is transforming supply chain management, enabling companies to adapt more effectively to market demands, streamline operations, and enhance visibility across the entire supply chain.