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The traditional RFI/RFQ/RFP approach does nothing about the risks of actual data quality, integration scalability nor the changemanagement issues that are likely to be barriers to deployment success. Furthermore, it exposes process change issues and change-management requirements to increase the chance of success of any IT project.
Whether it’s mastering the art of negotiation or navigating the labyrinth of supplychainanalytics, keeping your skills sharp is your ticket to staying relevant. Why not start with an episode or two of The Sourcing Hero podcast? News buffs unite Subscribe to relevant news sources.
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supplychain planning became the most important initiative. . This includes internal and external data sources.
Proactive risk management prevents major losses. Sustainability SCM plays a key role in corporate sustainability initiatives by reducing carbon emissions in transportation and promoting ethical sourcing. Accurate demand forecasts enable effective supplychain planning.
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