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Intake & Procurement Process Orchestration (2024 Guide)

Procurement Software

Key Takeaways: Why we need Intake and Procurement Process Orchestration Streamlining of Procurement Process: Process orchestration simplifies the intricate procurement process by automating and integrating each step from intake to procurement, ensuring operational efficiency and strategic alignment with business objectives.

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Tail Spend: Your Guide to Full Spend Visibility and Savings

Una

This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk. After that, bring in other tools like spend management software to help. Next is the tail.

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The Intersection of Technology and Managed Procurement Services

Empowering CPO

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

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The Role of Managed Procurement Services in Supply Chain Optimization

Empowering CPO

EmpoweringCPO, as our name suggests, is committed to providing businesses with the necessary tools and intelligence to take charge of their procurement processes. However, the effectiveness of managed procurement services ultimately depends on the provider’s expertise, approach, and technological capabilities.

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Implementing a Spend Analysis Solution: Steps and Best Practices

Empowering CPO

Here are some common hurdles faced by organizations: Lack of Visibility: Without a robust spend analysis solution, organizations often struggle to gain comprehensive visibility into their spending patterns. Mitigating Supplier Risks: Proactive supplier risk management is crucial for organizational success.

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The Changing role of Procurement, Traceability-as-a-Service, Sustainability and Blockchain's use case with Douglas Johnson-Poensgen

World of Procurement podcast

We covered a lot of ground in this 25-minute podcast and this podcast is going to be exceptionally beneficial to you if you are currently looking at your supply chain and wondering how can we improve visibility, how can we reach our sustainability goals using our supply chains and how do we know what is in this product?