Remove Buyers Remove Cost of ownership Remove supply chain budgeting Remove Supply Chain Efficiency
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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. They also manage the organization’s supply base to ensure coordination and efficiency.

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Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

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Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

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

ivalua

ERP vs. 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. The verdict?

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7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Due to globalization, growing consumer demands on transparency, the pertinence of sustainable development and technological advancements, procurement and supply chain professionals have been highlighted as an integral part of their organizations. Total Value Ownership (TVO).

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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Macfarlane, 2017).