World of Procurement blog

MAY 8, 2024

Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Conduct supply chain audits and due diligence on high-risk categories. Diversify suppliers across geographies to reduce concentration risk.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

APRIL 29, 2024

Supply Chain Management Process Now that we have an understanding of the key components, let’s explore the supply chain management process in more detail. The supply chain management process consists of several interconnected steps that collectively ensure the smooth flow of goods and services.

Supply chain management 84

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 84

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? Demand planning capabilities.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Empowering CPO

JUNE 27, 2023

It helps identify opportunities for inventory management, pricing negotiations, and demand planning. This insight enables organizations to identify cost-saving opportunities, negotiate favorable contracts, and optimize their supplier base.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40