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Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

At their root, these two roles coexist with conflicting purposes, but function stronger together than they do apart, as they are — at times — seemingly contrary forces that actually are complementary, interconnected, and interdependent in any business. Procurement is fundamentally centered around the act of acquisition and/or buying.

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The Road to a Stronger Business is through Procurement

HICX

Ideally, they wanted a single team that had worked with 100% of suppliers across the business – which didn’t exist. What did exist was Procurement, a function that did worked with all suppliers, albeit in one area: transactions. So, management ended the search and tasked Chief Procurement Officers (CPOs) with this added job.

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5 Procurement Trends Shaping 2024

Pipefy

When surveyed, business and IT leaders reported increased productivity and innovation, greater scalability, and labor/skills shortages among the factors influencing their decision to adopt no-code tools. This outsourced work not only leads to incurred costs, but it also leads to incurred risks.