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The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

Conducting market research : AI can scan the web to collect pricing information, identify potential suppliers, assess supplier reputations, and keep up-to-date with market and industry trends. Enhancing contract management : Natural language processing enables AI to extract key data from contracts.

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The Contract Management Playbook: Strategies and Secrets for Total Control

World of Procurement blog

Contract management also provides financial visibility into agreements and helps capture important data to inform business decisions. The types of contracts that typically require robust management include: Procurement contracts - Agreements with suppliers and vendors for goods, services, and materials.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers.

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Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

Why have so few companies adopted a TMS (Transportation Management System) solution? There are tremendous benefits but there are obstacles, real or perceived, that get in the way. One of the services that was very compelling was our Freight Management service. Supply Chain as a Service (SCaaS)! . Loss of Control.

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Get Started on Your Procurement Transformation Roadmap and Strategy

Pipefy

A procurement strategy creates a sustainable and agile plan for improving procurement processes , increasing procurement efficiency, building better supplier relationships, and generating additional long-term cost savings for the business. An abundance of manual work and rapidly changing processes. Complex approval processes (29%).

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Preparing Business for the Digital Supply Chain! (Oracle Interviews Mike Mortson)

Supply Chain Game Changer

Most supply chain leaders recognize that it’s an incredibly exciting time to be working in the field. At the same time, they must also develop strategies to significantly advance their capabilities in anticipation of overcoming their issues with the basics. You would measure lead time in days or even weeks. Mike Mortson.

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Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

Check out Do you have a Freight Management Strategy or are you Spinning your Wheels? Why have so few companies adopted a Transportation Management System (TMS) solution? There are tremendous benefits but there are obstacles, real or perceived, that get in the way. With all of that we went to market! Loss of Control.