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From Spend to Supply — Coupa’s direct spend management progress

Spend Matters

These capabilities further extend Coupa’s existing advanced supply chain capabilities (Supply Chain Planning and Design solution). It includes (by order of priorities in Coupa's current development cycle): 1. Forecast collaboration on forecasts and demand plans to anticipate shortages or bottlenecks and automate exception management.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. Order Fulfillment Once a contract is signed, the supplier begins delivering goods or services as per the agreement. Buyer/Purchasing Agent - Executes purchase orders and transactions.

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What is the Digital Supply Chain?

Supply Chain Game Changer

This demand would be translated to bills of material and component requirements through manual or semi-automated means. Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand.

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Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning. Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete.

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Process Based Inventory Turnover Improvement!

Supply Chain Game Changer

The global Inventory management business processes that we focussed on made phenomenal improvements: Supply/Demand Planning. The gap in our ERP planning between demand and supply was reduced by 85%, resulting in a significant reduction in over ordering. Raw Material Management.