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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

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Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. All this combined is a recipe for end-to-end operational inefficiency.

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Strategic Procurement: What Is Is and Why It’s Essential for Business Resilience 

Pipefy

However, the successful execution of a strategic procurement process can streamline and even simplify decisions for operational purchases required for businesses. With the analysis of supplier performance data, purchase managers can make decisions that benefit the company faster and more accurately.

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How to build a successful procurement strategy

IBM Supply Chain Blog

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. A procurement strategy is not merely a series of steps for acquiring goods and services.

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Spend Matters Future 5 2023 – Introducing akirolabs

Spend Matters

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. The process we ended up digitalizing,” Michael concludes, “was the strategic procurement process.” akirolabs derives procurement strategies from the overarching business strategy.

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The Role of Procurement Outsourcing Services in Global Business Operations

Empowering CPO

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

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Intelligent Supply Chain Technologies for the Future!

Supply Chain Game Changer

The impending changes include connected, end-to-end, value chains, and more intelligent, automated, and autonomous distribution systems. Organizations, which are looking to automate their processes significantly by 2025, need to insist that major suppliers have clear strategies to ensure a seamless transition of the processes.