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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

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4 Ways Modern Software will Empower Digital Procurement

ivalua

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.

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378: Achieve 360° Supply Chain Visibility for Greater Control and Optimization, with SDI

Let's Talk Supply Chain

  Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. 06.40] A closer look at current supply chain challenges, and what SDI are seeing with their clients.

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?