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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue.

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Towards stronger, better supplier relationships in 2022

Zycus Cognitive Procurement

Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links. Getting to know your suppliers should not just be limited to the products and services they provide or even their pricing. How can you build better supplier relationships in 2022?

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Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

In areas such as E-Commerce the Supply Chain is instrumental in arranging delivery strategies such as Same-Day delivery and Drop Shipping, along with reducing freight costs to support Free Shipping services. End to End Supply Chain Visibility and the Internet of Things (IoT). How important is Supply Chain now?

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Data-Driven Procurement: Transparency is Essential, Not Optional

ivalua

In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.

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Unlocking the Value of Global Supply Chain: the Case Studies

Supply Chain Opz

3) Contract Manufacturing Walmart is best known for EDLP (Everyday Lowest Price) strategy. Having own stores mean they can have better understanding about buyer behavior so they can adapt more rapidly. Their unique selling points are products with good design at lower prices.

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The New Look on Industrial Buying

The Good Spending

New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. The new supplier selection will be based on POC or prototypes, where the technical evaluation will prevail over price. Straight Rebuy The buyer routinely reorders a product with no modifications.

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Selecting the right service provider partner for each one of the three steps or stages of procurement digital transformation success

Procurement Insights

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. It is further accentuated by a “narrow” floor to ceiling price chasm.