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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. Cost benchmarking and market intelligence Data visualization and reporting Predictive analytics for demand planning Data-driven procurement not only improves efficiency, but also empowers more strategic decision making to maximize value.

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

ivalua

Additionally, a purpose-built solution will enable you to measure and monitor buyer adherence to compliance purchasing, ensuring your team is taking advantage of preferred items and reaping the rewards of the contracts you have in place. Demand planning capabilities. Best-in-Class Beats Single-Stack.