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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

Enhancing supply chain resilience. Improving supply chain sustainability. Building Agile Supply Chain Ecosystems : . Supply chain management has long been characterized by the need to source and aggregate goods from various vendors, manufacturers, and suppliers across a wide geographic area.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships.

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How to Transform Procurement into a Strategic C-Suite Player

Arkestro

In this blog, we’ll explore procurement’s role today and the factors, tools, and players setting the stage for procurement to finally move from a reactionary function into a strategic partner. A New Paradigm in Procurement In 2023, an overwhelming 95% of manufacturers plan to ask their suppliers for cost reductions.