Remove Budget Remove Real-time Visibility Remove Risk management Remove Supply chain resilience
article thumbnail

Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Common procurement metrics include spend under management, savings targets, supplier lead time reduction, procurement process efficiency gains, sustainability metrics and more.

article thumbnail

Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend.

Risk 52
article thumbnail

ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

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?