Una

AUGUST 17, 2022

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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Real-time Visibility Spend management Procurement team Purchasing 98

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing Supplier Relationships.

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Empowering CPO

JUNE 30, 2023

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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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

Empowering CPO

JULY 5, 2023

Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services. Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services.

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Supply Chain Efficiency Management Procurement Real-time Visibility 52

Empowering CPO

JUNE 20, 2023

By bringing this ‘long tail’ under management, companies can reduce maverick spending, negotiate better terms with suppliers, and ultimately unlock remarkable savings. Moreover, tail spend analysis can contribute to better risk management, improved compliance, and increased operational efficiency.

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Real-time Visibility supply chain budgeting Spend management Risk 40

Empowering CPO

JUNE 27, 2023

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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Real-time Visibility Supply Chain Optimization Data Suppliers 40

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. This article will examine the top benefits and most typical challenges with procurement automation. Benefits of Procurement Automation. Unparalleled Collaboration.

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Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19