Remove Business procurement Remove Influencing Remove supply chain budgeting Remove Supply Chain Optimization
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The Importance of Supply Chain Collaboration

The Good Spending

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

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Why is Not for Profit Procurement so Different

Claritum

Looking at the fundamental differences between the organisations in context of those things that could influence supplier selection. The NfP also has a greater focus on adding social value to a supply chain. The financial factors we will include in this section relate to the different organisations approach to budgets and spend.

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The New Look on Industrial Buying

The Good Spending

The decision-making may involve plans to modify the product specifications, prices, terms, or vendors to enhance the product quality or reduce cost. The increasing organizational interdependence in industrial buying Industrial buying is influenced by megatrends (Industry 4.0, globalization, disrupting value chains, etc.)

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5 Procurement Trends Shaping 2024

Pipefy

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. So the challenge for procurement increases.