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

ivalua

Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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Digital Procurement Tools: How much do they cost?

Procurement Software

But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. Let’s dive in.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. This can also include economic instability.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

It also identifies required resources, budgets and milestones for a successful strategic transformation. Supplier Management Supplier management is a critical component of the procurement process. Conduct supply chain audits and due diligence on high-risk categories. needed to deliver on the KPIs.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.