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Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

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Supply Chain Collaboration — The Ultimate Guide

Procurement Tactics

Additionally, we will show you the steps and give you examples of a successful supply chain collaboration. . After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Defining Supply Chain Collaboration.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

The goal is to find suppliers capable of delivering based on specifications, pricing, quality, capacity, and other factors. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. This ensures they are meeting expectations for quality, delivery, responsiveness, and value.

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Procurement Technology – What It Can & Can’t Replace In A Manufacturer’s Journey Towards Supply Chain Resilience And Agility

ivalua

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Meet Corporate Social Responsibility (CSR) expectations.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

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. Ensuring quality. Managing Supplier Relationships. Managing risk.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

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Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

ivalua

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased.