World of Procurement blog

MAY 8, 2024

The plan defines activities like category analysis, supplier consolidation, technology implementation, process re-engineering, skill building etc. It also identifies required resources, budgets and milestones for a successful strategic transformation. Conduct supply chain audits and due diligence on high-risk categories.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

By analyzing historical spend patterns and supplier performance, organizations can negotiate better contracts, consolidate suppliers, and implement strategic sourcing initiatives. Improved Compliance and Risk Mitigation Data-driven insights help organizations identify potential risks and ensure compliance with regulatory requirements.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? Demand planning capabilities.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221