Change management Purchasing Real-time Visibility supply chain budgeting 
NLPA (Next Level Purchasing Association)
DECEMBER 14, 2022
The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. Flawed or outdated Technology and Equipment that limits visibility. A few years ago, Amazon purchased Kiva Robots and has deployed several thousand robots to leverage speed and accuracy.
World of Procurement blog
MAY 8, 2024
Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.
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World of Procurement blog
MAY 10, 2024
Some of the key capabilities and use cases for AI in procurement include: Automating repetitive and routine tasks : AI can take over low-value tasks like invoice processing, purchase order creation, expense report auditing, and other administrative workflows. This frees up procurement professionals to focus on high-value strategic activities.
The Procuretech Podcast
OCTOBER 3, 2022
In this episode, we're going to extend that a little bit and talk about supply chain. Democratising Supply Chain Training - Dr. Muddassir Ahmed from SCM Dojo . Today's guest is a big personality in the supply chain space: Dr. Muddassir Ahmed, CEO of SCM Dojo. . This takes consultation and a lot of time.
World of Procurement blog
MAY 8, 2024
What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. The ultimate goal of SCM is to reduce costs while satisfying customer demands.
Empowering CPO
JUNE 14, 2023
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.
Empowering CPO
JUNE 22, 2023
It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. Risk Mitigation: Spend analysis can reveal dependencies on certain suppliers, leading to better risk management and more diversified supplier portfolios.
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